Bill Type
Long Title
FULL TITLE : AN ACT IMPROVING THE DISCLOSURE AND TRANSPARENCY OF THE EXTRACTIVE INDUSTRIES
Date filed
September 11, 2018
Scope

Legislative History

House Bill/Resolution NO. HB08223
FULL TITLE : AN ACT IMPROVING THE DISCLOSURE AND TRANSPARENCY OF THE EXTRACTIVE INDUSTRIES
ABSTRACT : Intends to ensure government"s commitment to disclose timely, complete, and accurate information on fees, taxes, and other mandatory payments by mining, oil and gas companies pertinent to resource extraction to enable evidence-based management.Aims to address the inability of the country to meet international standards in extractive industry governance by maintaining stringent regulation through the institutionalization of the Philippine Extractive Industries Transparency Initiative (PH-EITI).
PRINCIPAL AUTHOR/S : VILLAFUERTE, LUIS RAYMUND JR. F.
DATE FILED : 2018-09-11
SIGNIFICANCE: NATIONAL
CO-AUTHORS (Journal Entries) :
1. Sy-Alvarado (000 2018-11-21)
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON NATURAL RESOURCES ON 2018-09-18

Abstract

Intends to ensure government"s commitment to disclose timely, complete, and accurate information on fees, taxes, and other mandatory payments by mining, oil and gas companies pertinent to resource extraction to enable evidence-based management.Aims to address the inability of the country to meet international standards in extractive industry governance by maintaining stringent regulation through the institutionalization of the Philippine Extractive Industries Transparency Initiative (PH-EITI)

Disclaimer

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