Bill Type
Congress Name
Long Title
AN ACT AMENDING REPUBLIC ACT 7103, "OTHERWISE KNOWN AS THE IRON AND STEEL INDUSTRY ACT", PROVIDING FOR STIFFER PENALTIES AND SANCTIONS, AND FOR OTHER PURPOSES
Text as filed (link)
Date filed
September 20, 2019
Scope
Legislative History
| House Bill/Resolution NO. HB04742 |
| FULL TITLE : AN ACT AMENDING REPUBLIC ACT 7103, "OTHERWISE KNOWN AS THE IRON AND STEEL INDUSTRY ACT", PROVIDING FOR STIFFER PENALTIES AND SANCTIONS, AND FOR OTHER PURPOSES |
| ABSTRACT : Seeks to provide stiffer penalties for smuggling of iron and steel products and provide a set of quality and industry standards for iron and steel products.Declares that upon the operation of the smelting plants, penalties shall be imposed upon any person who shall smuggle, fraudulently import or bring goods into the Philippines that constitute the intermediate or final product of the manufacturing activity described in Sec.5(b) of this Act, or who shall receive, conceal, buy or in a manner facilitate the transportation, concealment, or sale after importation of such products. |
| PRINCIPAL AUTHOR/S : ROMERO, MICHAEL ODYLON L. |
| DATE FILED : 2019-09-20 |
| SIGNIFICANCE: NATIONAL |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 2019-09-24 |
Abstract
Seeks to provide stiffer penalties for smuggling of iron and steel products and provide a set of quality and industry standards for iron and steel products.Declares that upon the operation of the smelting plants, penalties shall be imposed upon any person who shall smuggle, fraudulently import or bring goods into the Philippines that constitute the intermediate or final product of the manufacturing activity described in Sec.5(b) of this Act, or who shall receive, conceal, buy or in a manner facilitate the transportation, concealment, or sale after importation of such products.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.