Bill Type
Long Title
AN ACT GRANTING MINING ROY ALTIES TO GOVERNMENT OF THE REPUBLIC OF THE PHILIPPINES, ESTABLISHING THE MECHANISMS FOR ITS PROPER PAYMENT, COLLECTION AND ADMINISTRATION AND FOR OTHER PURPOSES
Date filed
July 4, 2007
Scope

Legislative History

House Bill/Resolution NO. HB00768
FULL TITLE : AN ACT GRANTING MINING ROY ALTIES TO GOVERNMENT OF THE REPUBLIC OF THE PHILIPPINES, ESTABLISHING THE MECHANISMS FOR ITS PROPER PAYMENT, COLLECTION AND ADMINISTRATION AND FOR OTHER PURPOSES
SHORT TITLE : "State's Royalty Act of 2005"
ABSTRACT : "State's Royalty Act of 2005". The bill proposes to charge mineral resources extractors a mining royalty equivalent to 12% of the net sales profit of the mineral resources extractor.
PRINCIPAL AUTHOR/S : PINGOY, ARTHUR "DODO" JR. Y. M.D.
DATE FILED : 2007-07-04
SIGNIFICANCE: NATIONAL
CO-AUTHORS (Journal Entries) :
1. Lacson (015 ) 2. Rodriguez (083 )
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON NATURAL RESOURCES ON 2007-07-31

Abstract

"State's Royalty Act of 2005". The bill proposes to charge mineral resources extractors a mining royalty equivalent to 12% of the net sales profit of the mineral resources extractor.

Disclaimer

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