Bill Type
Congress Name
Long Title
AN ACT TO STABILIZE THE SUGAR INDUSTRY BY ESTABLISHING THE SUGAR INDUSTRY RESEARCH AND STABILIZATION FUND AND FOR OTHER PURPOSES
Date filed
July 1, 2004
Scope
Legislative History
| House Bill/Resolution NO. HB00426 |
| FULL TITLE : AN ACT TO STABILIZE THE SUGAR INDUSTRY BY ESTABLISHING THE SUGAR INDUSTRY RESEARCH AND STABILIZATION FUND AND FOR OTHER PURPOSES |
| ABSTRACT : Since its creation, the programs of the Sugar Regulatory Administration (SRA) have suffered setbacks due to lack of funds. The bill seeks to provide the SRA with adequate funding to enable it to pursue and carry out its mandate by requiring that 20% of the value-added tax collections on sugar and its by-products be channeled back to the sugar industry. |
| PRINCIPAL AUTHOR/S : LACSON, JOSE CARLOS V. |
| DATE FILED : 2004-07-01 |
| SIGNIFICANCE: NATIONAL |
| CO-AUTHORS (Journal Entries) : |
| 1. Arroyo (006 ) |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON AGRICULTURE, FOOD & FISHERIES ON 2004-07-27 |
| SECONDARILY REFERRED TO THE COMMITTEE(S) ON APPROPRIATIONS |
Abstract
Since its creation, the programs of the Sugar Regulatory Administration (SRA) have suffered setbacks due to lack of funds. The bill seeks to provide the SRA with adequate funding to enable it to pursue and carry out its mandate by requiring that 20% of the value-added tax collections on sugar and its by-products be channeled back to the sugar industry.'
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.