Bill Type
Long Title
AN ACT INCREASING THE YEARLY ALLOCATION FOR SCIENTIFIC AND TECHNOLOGICAL ACTIVITIES (STA)
Date filed
September 25, 2001
Scope
Urgent Bill
No

Legislative History

House Bill/Resolution NO. House Bill No. 3220, 12th Congress of the Republic
FULL TITLE : AN ACT INCREASING THE YEARLY ALLOCATION FOR SCIENTIFIC AND TECHNOLOGICAL ACTIVITIES (STA)
ABSTRACT : "Science and Technology Funding Act of 2001". > Signicant provisions of the bill are as follows: (1) The DOST Secretary shall identify priorities for Research and Development (R&D) and Scientific and Technological (S&T) capability development programs and prepare the corresponding budget thereto. (2) Appropriations pertaining to R&D in the natural, agricultural, technological and engineering sciences of various departments, bureaus, offices agencies, State Universities and Colleges (SUCs) shallbe aligned with S & T priorities as identified by the DOST. (3) A special fund for research and development to be known as "R&D FUND" shall also be created and constituted from the following sources: a) Allocation of 1% of GNP for S&T activities; b)) All unused R&D allocations; c) All income derived from R&D.
PRINCIPAL AUTHOR/S : ANGARA-CASTILLO, BELLAFLOR J.
DATE FILED : 2001-09-25
SIGNIFICANCE: NATIONAL
CO-AUTHORS (Journal Entries) :
1. Espino (035 ) 2. Syjuco (052 )
ADMINISTRATION BILL? No
URGENT BILL? No
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON APPROPRIATIONS ON 2001-09-28

Abstract

"Science and Technology Funding Act of 2001". > Signicant provisions of the bill are as follows: (1) The DOST Secretary shall identify priorities for Research and Development (R&D) and Scientific and Technological (S&T) capability development programs and prepare the corresponding budget thereto. (2) Appropriations pertaining to R&D in the natural, agricultural, technological and engineering sciences of various departments, bureaus, offices agencies, State Universities and Colleges (SUCs) shallbe aligned with S & T priorities as identified by the DOST. (3) A special fund for research and development to be known as "R&D FUND" shall also be created and constituted from the following sources: a) Allocation of 1% of GNP for S&T activities; b)) All unused R&D allocations; c) All income derived from R&D.

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Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.