Bill Type
Long Title
AN ACT DISAUTHORIZING THE PROVISION OF DIRECT GOVERNMENT GUARANTEE FOR THE FINANCING, CONSTRUCTION, OPERATION AND MAINTENANCE OF ANY INFRASTRUCTURE PROJECT UNDERTAKEN THROUGH BUILD-OPERATE-A ND-TRANSFER (BOT) SCHEME AND SIMILAR VARIATIONS UNDER REPUBLIC ACT NO. 6957, AS AMENDED
Congress Author
Date filed
July 2, 1998
Scope
Urgent Bill
No

Legislative History

House Bill/Resolution NO. HB00630
FULL TITLE : AN ACT DISAUTHORIZING THE PROVISION OF DIRECT GOVERNMENT GUARANTEE FOR THE FINANCING, CONSTRUCTION, OPERATION AND MAINTENANCE OF ANY INFRASTRUCTURE PROJECT UNDERTAKEN THROUGH BUILD-OPERATE-A ND-TRANSFER (BOT) SCHEME AND SIMILAR VARIATIONS UNDER REPUBLIC ACT NO. 6957, AS AMENDED
ABSTRACT : Considers the present provision on direct government guarantee as "... not only ONEROUS... but may also condemn the government to receiving undertakings which are ill-conceived in the first instance."
PRINCIPAL AUTHOR/S : HERRERA, ERNESTO F.
DATE FILED : 1998-07-02
SIGNIFICANCE: NATIONAL
CO-AUTHORS :
1. 2.
3.
ADMINISTRATION BILL? No
URGENT BILL? No
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON PUBLIC WORKS AND HIGHWAYS ON 1998-07-29

Abstract

Considers the present provision on direct government guarantee as "... not only ONEROUS... but may also condemn the government to receiving undertakings which are ill-conceived in the first instance."

Disclaimer

Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.