Bill Type
Congress Name
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
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.