House Bill No. 3295, 13th Congress of the Republic

House Bill/Resolution NO. HB03295
FULL TITLE : AN ACT RATIONALIZING THE GRANT AND ADMINISTRATION OF FISCAL AND NON-FISCAL INCENTIVES AND FOR OTHER PURPOSES
SHORT TITLE : The Investments Incentives Code of the Philippines
ABSTRACT : "The Investments Incentives Code of the Philippines." The bill prescribes the powers, duties and composition of the Board of Governors of the Board of Investments. It identifies the industries, services and activities eligible for incentives; grants incentives to registered companies and provides for the basic rights and guarantees of registered companies.
PRINCIPAL AUTHOR/S : SALCEDA, JOEY SARTE
DATE FILED : 2004-11-16
SIGNIFICANCE: NATIONAL
CO-AUTHORS :
1. De Venecia	2. Lapus
3. Cua	4. Teves
5. Javier	6. Roman
7. Singson	8. Arroyo
9. Locsin	10. Badelles
11. Pablo	12. Figueroa
13. Abad	14. Ablan
15. Acosta	16. Alfelor
17. Andaya	18. Arbison
19. Arroyo	20. Baculio
21. Banaag	22. Barinaga
23. Baterina	24. Bautista
25. Bueser	26. Bulut
27. Cabilao	28. Cagas
29. Cajes	30. Cari
31. Chatto	32. Chiongbian
33. Cojuangco	34. Cruz
35. Dadivas	36. Castelo-daza
37. Defensor	38. Dimaporo
39. Domogan	40. Dumarpa
41. Dy	42. Ecleo
43. Ermita-buhain	44. Espina
45. Espinosa	46. Estrella
47. Garcia	48. Golez
49. Hizon	50. Ipong
51. Jala	52. Joaquin
53. Joson	54. Lacson
55. Lagman	56. Malanyaon
57. Macarambon	58. Macias
59. Marañon	60. Marcoleta
61. Mitra	62. Nantes
63. Nepomuceno	64. Nicolas
65. Olano	66. Ortega
67. Pingoy	68. Puentevella
69. Ramiro	70. Remulla
71. Reyes	72. Rodriguez
73. Romualdo	74. Sandoval
75. Silverio	76. Soon-ruiz
77. Sumulong	78. Tulagan
79. Umali	80. Uy
81. Valdez	82. Veloso
83. Vicencio	84. Villafuerte
85. Yapha	86. Zialcita
87. Del Mar	88. Salapuddin
89. Defensor	90. De Guzman
91. Abayon	92. Fuentebella
93. Garin	94. Magsaysay
95. Mercado	96. Castro
97. Gullas	98. Cerilles
99. Floirendo	100. Barbers
101. Duavit	102. Dy
103. Bersamin	104. Cojuangco
105. Bacani	106. Remulla
107. Bondoc	108. Pancho
109. Tomawis	110. Aquino
111. Susano	112. Biron
113. Antonino	114. Gozos
115. Unico	116. Pichay
117. Biazon	118. Mandanas
119. Seachon-lanete	120. Petilla
121. Magsaysay	122. Tañada
123. Roces	124. Mangudadatu
CO-AUTHORS (Journal Entries) :
1. Amin (033 )	2. Codilla (036 )
3. Villarosa (039 )	4. Uy (001 )
5. Gidaya (040 )
AUTHORSHIP WITHDRAWALS:
Fabian(2005-01-19)
()
DATE CERTIFIED AS URGENT:2004-11-17
URGENT BILL? Yes
DATE CERTIFIED AS URGENT:2004-11-17
REMARKS: On manifestation of the Majority Leader and approved by the Body, the title of this bill was called on Dec. 8, 2004 but has not started its sponsorship.
ACTIONS TAKEN BY THE COMMITTEE
COMMITEE HEARINGS/ACTIONS:
1. Committee Report filed on 2004-11-17
COMMITTEE REPORT NO. 00098
SUBMITTED ON 2004-11-16
SUBMITTED BY: WAYS AND MEANS, TRADE AND INDUSTRY
RECOMMENDATIONS: approval
SUBSTITUTED BILLS: HB00122, HB00271, HB00302, HB01599
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON RULES ON 2004-11-18
DATE INCLUDED IN OB: 2004-11-18
DATE CALENDARED : 2004-11-23
SECOND READING INFORMATION
PERIOD OF SPONSORSHIP : 2004-12-08
SPONSORED BY : Cua
PERIOD OF INTERPELLATIONS : 2004-12-13, 2004-12-14, 2004-12-15
INTERPELLATED BY : Zamora, Javier, Zialcita, Roman, Casiño, Remulla, Beltran, Villanueva, Gozos, Rosales
PERIOD OF COMMITTEE AMENDMENTS : 2004-12-15, 2005-01-10, 2005-01-11
PERIOD OF INDIVIDUAL AMENDMENTS : 2004-12-15
AMENDED BY : Datumanong, Martinez
DATE APPROVED ON SECOND READING : 2004-12-15
RECOMMITTED/RECONSIDERED : RECONSIDERED
DATE RECONSIDERED : 2005-01-05
REASONS : to introduce perfecting amendments
RECONSIDERED MEASURE APPROVED ON 2005-01-12
REMARKS : The Body approved HB3295 on Second Reading subject to the submission of the individual amendments of the Members on or before January 3, 2005.
THIRD READING INFORMATION
DATE COPY DISTRIBUTED TO MEMBERS: 2005-01-17
DATE APPROVED BY THE HOUSE ON THIRD READING :2005-01-18
HOUSE VOTES: YEAS:138 NAYS:27 ABSTAIN:.1
DATE TRANSMITTED TO THE SENATE: 2005-01-20
ACTIONS TAKEN BY THE SENATE/HOUSE
DATE RECEIVED BY THE SENATE: 2005-01-20
REMARKS :

Senate Legislative History

Entitled:

THE CONSOLIDATED INVESTMENTS AND INCENTIVES CODE OF THE PHILIPPINES

[ First Regular Session, 13th Congress ]

[ 2005 ]

1/21/2005 Filed in the Senate requesting for concurrence by Representatives SALCEDA, et. al., as authors;

1/25/2005 Read on First Reading and referred to the Committee(s) on WAYS AND MEANS; and ECONOMIC AFFAIRS;

[ 2006 ]

7/14/2006 Returned by the Committee on WAYS AND MEANS per Committee Report No. 81, recommending that it be substituted by SBN-2411;

7/26/2006 Submitted said Committee Report to the Senate;

7/26/2006 SUBSTITUTED BY SBN-2411.

6/27/2006 Conducted TECHNICAL WORKING GROUP;

6/20/2006 Conducted TECHNICAL WORKING GROUP;

5/22/2006 Conducted COMMITTEE MEETINGS/HEARINGS;

5/2/2006 Conducted COMMITTEE MEETINGS/HEARINGS;

3/15/2006 Conducted COMMITTEE MEETINGS/HEARINGS;

1/23/2006 Conducted CONSULTATION/OCULAR;

10/26/2005 Conducted COMMITTEE MEETINGS/HEARINGS;

"The Investments Incentives Code of the Philippines." The bill prescribes the powers, duties and composition of the Board of Governors of the Board of Investments. It identifies the industries, services and activities eligible for incentives; grants incentives to registered companies and provides for the basic rights and guarantees of registered companies.'

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

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Committee Details

Legislative History

Senate Legislative History

Abstract

Entitled:
THE CONSOLIDATED INVESTMENTS AND INCENTIVES CODE OF THE PHILIPPINES
[ First Regular Session, 13th Congress ]
[ 2005 ]
1/21/2005	Filed in the Senate requesting for concurrence by Representatives SALCEDA, et. al., as authors;
1/25/2005	Read on First Reading and referred to the Committee(s) on WAYS AND MEANS; and ECONOMIC AFFAIRS;
[ 2006 ]
7/14/2006	Returned by the Committee on WAYS AND MEANS per Committee Report No. 81, recommending that it be substituted by SBN-2411;
7/26/2006	Submitted said Committee Report to the Senate;
7/26/2006	SUBSTITUTED BY SBN-2411.
6/27/2006	Conducted TECHNICAL WORKING GROUP;
6/20/2006	Conducted TECHNICAL WORKING GROUP;
5/22/2006	Conducted COMMITTEE MEETINGS/HEARINGS;
5/2/2006	Conducted COMMITTEE MEETINGS/HEARINGS;
3/15/2006	Conducted COMMITTEE MEETINGS/HEARINGS;
1/23/2006	Conducted CONSULTATION/OCULAR;
10/26/2005	Conducted COMMITTEE MEETINGS/HEARINGS;