Bill Type
Congress Name
Long Title
AN ACT TO RECAPTURE THE POWER OVER TARIFFS, AMENDING FOR THE PURPOSE SECTION 401 OF THE TARIFF AND CUSTOMS CODE, AS AMENDED
Date filed
July 5, 2002
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. House Bill No. 4958, 12th Congress of the Republic | |
| FULL TITLE : AN ACT TO RECAPTURE THE POWER OVER TARIFFS, AMENDING FOR THE PURPOSE SECTION 401 OF THE TARIFF AND CUSTOMS CODE, AS AMENDED | |
| SHORT TITLE : Recapturing the Power Over Tariffs, Ammending for the Purpose the Tariff and Customs Code | |
| ABSTRACT : This bill seeks to RECAPTURE the power over TARIFFS which Congress last year ago. The exercise of power over tariffs is a question of policy which has a deep impact on the economy. This bill, therefore, seeks to restore equilibrium in our governmentof SHARED powers. Moreover, the change in the rates of import duty or in the classification of dutiable articles effected by the President's exercise of the power over tariffs shall be in force and effect for a period of one year only. | |
| PRINCIPAL AUTHOR/S : JAVIER, EXEQUIEL B. | |
| DATE FILED : 2002-07-05 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS (Journal Entries) : | |
| 1. Umali (004 ) | 2. Uy (004 ) |
| 3. Ylagan (004 ) | 4. Syjuco (067 ) |
| 5. Amin (004 ) | |
| ADMINISTRATION BILL? No | |
| URGENT BILL? No | |
| ACTIONS TAKEN BY THE COMMITTEE | |
| COMMITTEE REPORT NO. 01578 | |
| SUBMITTED ON 2003-06-05 | |
| SUBMITTED BY: WAYS AND MEANS | |
| RECOMMENDATIONS: approval | |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 2002-07-29 | |
| DATE INCLUDED IN OB: 2003-07-29 | |
| DATE CALENDARED : 2003-08-05 |
Abstract
"This bill seeks to RECAPTURE the power over TARIFFS which Congress last year ago. The exercise of power over tariffs is a question of policy which has a deep impact on the economy. This bill, therefore, seeks to restore equilibrium in our governmentof SHARED powers. Moreover, the change in the rates of import duty or in the classification of dutiable articles effected by the President's exercise of the power over tariffs shall be in force and effect for a period of one year only."
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.