Bill Type
Congress Name
Long Title
AN ACT AMENDING SECTION 12 OF PRESIDENTIAL DECREE EIGHTEEN HUNDRED AND SIXTY-NINE (P.D. 1869), OTHERWISE KNOWN AS PAGCOR CHARTER AND FOR OTHER PURPOSES(RE: ADDITIONAL FUNDING FOR EDUCATION AND ANTI-POVERTY PROGRAMS)
Date filed
August 17, 1999
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. HB08119 |
| FULL TITLE : AN ACT AMENDING SECTION 12 OF PRESIDENTIAL DECREE EIGHTEEN HUNDRED AND SIXTY-NINE (P.D. 1869), OTHERWISE KNOWN AS PAGCOR CHARTER AND FOR OTHER PURPOSES(RE: ADDITIONAL FUNDING FOR EDUCATION AND ANTI-POVERTY PROGRAMS) |
| ABSTRACT : THE PHILIPPINE AMUSEMENT AND GAMING CORPORATION (PAGCOR) IS ALSO MANDATED TO SET ASIDE FIFTY PERCENT (50%) OF ALL INCREMENT FROM ITS 1999 ANNUAL GROSS EARNINGS AS ADDITIONAL FUNDING TO THE DEPARTMENT OF EDUCATION CULTURE AND SPORTS (DECS) TO BE USEDEXCLUSIVELY IN THE CONSTRUCTION OF ADDITIONAL SCHOOLBUILDINGS , TEXTBOOKS, DESKS AND TRAINING OF TEACHERS. PROVIDED, HOWEVER, THT THE BALANCE OF FITY EPRCENT (50%) FROM ALL INCREMENT FROM ITS 1999 GROSS EARNING SHALLS ERVE AS AN ADDITIONAL FUNDING TO THE ANTI-POVERTY PROGRAM OF THE GOVERNMENT. |
| PRINCIPAL AUTHOR/S : RECTO, RALPH G. |
| DATE FILED : 1999-08-17 |
| SIGNIFICANCE: NATIONAL |
| CO-AUTHORS : |
| 1. |
| ADMINISTRATION BILL? No |
| URGENT BILL? No |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON GAMES AND AMUSEMENTS ON 1999-08-23 |
Abstract
THE PHILIPPINE AMUSEMENT AND GAMING CORPORATION (PAGCOR) IS ALSO MANDATED TO SET ASIDE FIFTY PERCENT (50%) OF ALL INCREMENT FROM ITS 1999 ANNUAL GROSS EARNINGS AS ADDITIONAL FUNDING TO THE DEPARTMENT OF EDUCATION CULTURE AND SPORTS (DECS) TO BE USEDEXCLUSIVELY IN THE CONSTRUCTION OF ADDITIONAL SCHOOLBUILDINGS , TEXTBOOKS, DESKS AND TRAINING OF TEACHERS. PROVIDED, HOWEVER, THT THE BALANCE OF FITY EPRCENT (50%) FROM ALL INCREMENT FROM ITS 1999 GROSS EARNING SHALLS ERVE AS AN ADDITIONAL FUNDING TO THE ANTI-POVERTY PROGRAM OF THE GOVERNMENT.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.