Bill Type
Congress Name
Long Title
AN ACT PROVIDING FOR THE COMPLETION OF THE DEVELOPMENT OF ABANDONED SUBDIVISION AND CONDOMINIUM PROJECTS, FURTHER AMENDING FOR THE PURPOSE PRESIDENTIAL DECREE NUMBERED NINE HUNDRED AND FIFTY SEVEN, AS AMENDED, ENTITLED "REGULATING THE SALE OF SUBDIVISION LOTS AND CONDOMINIUMS, PROVIDING PENALTIES FOR VIOLATIONS THEREOF", AND FOR OTHER PURPOSES
Date filed
October 5, 1998
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. HB04128 | |
| FULL TITLE : AN ACT PROVIDING FOR THE COMPLETION OF THE DEVELOPMENT OF ABANDONED SUBDIVISION AND CONDOMINIUM PROJECTS, FURTHER AMENDING FOR THE PURPOSE PRESIDENTIAL DECREE NUMBERED NINE HUNDRED AND FIFTY SEVEN, AS AMENDED, ENTITLED "REGULATING THE SALE OF SUBDIVISION LOTS AND CONDOMINIUMS, PROVIDING PENALTIES FOR VIOLATIONS THEREOF", AND FOR OTHER PURPOSES | |
| ABSTRACT : Seeks to increase the performance bond filed by the developer with the Housing Land Use Development Board (HLUDB) to FIFTY PERCENT (50%) of the cost of the unfinished portion of the approved subdivision plan. Increases, likewise, the penalties for abandoning a subdivision project. | |
| PRINCIPAL AUTHOR/S : LIBAN, DANTE V. | |
| DATE FILED : 1998-10-05 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS : | |
| 1. | 2. |
| ADMINISTRATION BILL? No | |
| URGENT BILL? No | |
| ACTIONS TAKEN BY THE COMMITTEE | |
| MOTHER BILL: HB03218 | |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON HOUSING AND URBAN DEVELOPMENT ON 1998-10-12 |
Abstract
Seeks to increase the performance bond filed by the developer with the Housing Land Use Development Board (HLUDB) to FIFTY PERCENT (50%) of the cost of the unfinished portion of the approved subdivision plan. Increases, likewise, the penalties for abandoning a subdivision project.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.