Bill Type
Congress Name
Long Title
AN ACT AMENDING SECTIONS 80 AND 81 OF REPUBLIC ACT (RA) 7942 OTHERWISE KNOWN AS THE PHILIPPINE MINING ACT OF 1995, AND FOR OTHER PURPOSES
Date filed
November 23, 2006
Scope
Legislative History
| House Bill/Resolution NO. HB05955 |
| FULL TITLE : AN ACT AMENDING SECTIONS 80 AND 81 OF REPUBLIC ACT (RA) 7942 OTHERWISE KNOWN AS THE PHILIPPINE MINING ACT OF 1995, AND FOR OTHER PURPOSES |
| ABSTRACT : The bill mandates all mining companies to share to the government 45% of their gross profit less all taxes. |
| PRINCIPAL AUTHOR/S : SUAREZ, DANILO E. |
| DATE FILED : 2006-11-23 |
| SIGNIFICANCE: NATIONAL |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON NATURAL RESOURCES ON 2006-11-28 |
Abstract
The bill mandates all mining companies to share to the government 45% of their gross profit less all taxes.'
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.