Bill Type
Long Title
AN ACT PROVIDING FOR CERTAIN CRITERIA TO BE CONSIDERED AND COMPLIED WITHIN THE PRIVATIZATION OF GOVERNMENT-OWNE D AND/OR -CONTROLLED CORPORATIONS, AND FOR OTHER PURPOSES
Congress Author
Date filed
September 18, 1998
Scope
Urgent Bill
No

Legislative History

House Bill/Resolution NO. HB03802
FULL TITLE : AN ACT PROVIDING FOR CERTAIN CRITERIA TO BE CONSIDERED AND COMPLIED WITHIN THE PRIVATIZATION OF GOVERNMENT-OWNE D AND/OR -CONTROLLED CORPORATIONS, AND FOR OTHER PURPOSES
ABSTRACT : Rationale: In the haste to raise money by selling government-owne d assets, some problems may have been overlooked: (1) Privatization may cause economic dislocation; (2) Privatization could exacerbate market imperfections, etc. Government should therefore provide firmer criteria for privatization.
PRINCIPAL AUTHOR/S : ALVAREZ, HEHERSON T.
DATE FILED : 1998-09-18
SIGNIFICANCE: NATIONAL
CO-AUTHORS :
1.
ADMINISTRATION BILL? No
URGENT BILL? No
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON GOVERNMENT ENTERPRISES AND PRIVATIZATION ON 1998-09-30

Abstract

Rationale: In the haste to raise money by selling government-owne d assets, some problems may have been overlooked: (1) Privatization may cause economic dislocation; (2) Privatization could exacerbate market imperfections, etc. Government should therefore provide firmer criteria for privatization.

Disclaimer

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