Bill Type
Congress Name
Long Title
AN ACT AMENDING REPUBLIC ACT NUMBERED EIGHTY-FOUR HUNDRED AND SEVENTY-NINE, OTHERWISE KNOWN AS THE `DOWNSTREAM OIL INDUSTRY DEREGULATION ACT OF 1998' BY PROVIDING FOR PARTIAL DEREGULATION OF THE DOWNSTREAM OIL INDUSTRY
Date filed
September 2, 1999
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. HB08277 |
| FULL TITLE : AN ACT AMENDING REPUBLIC ACT NUMBERED EIGHTY-FOUR HUNDRED AND SEVENTY-NINE, OTHERWISE KNOWN AS THE `DOWNSTREAM OIL INDUSTRY DEREGULATION ACT OF 1998' BY PROVIDING FOR PARTIAL DEREGULATION OF THE DOWNSTREAM OIL INDUSTRY |
| ABSTRACT : Rationale: To enhance the free market competition in the oil industry by encouraging entry of new investors, the downstream oil industry shall be partially deregulated in that the State shall exercise control over the pricing of oil products, a hearing should first be conducted before any increase or decrease in prices. |
| PRINCIPAL AUTHOR/S : APOSTOL, SERGIO ANTONIO F. |
| DATE FILED : 1999-09-02 |
| SIGNIFICANCE: NATIONAL |
| CO-AUTHORS : |
| 1. |
| ADMINISTRATION BILL? No |
| URGENT BILL? No |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON ENERGY ON 1999-09-08 |
Abstract
Rationale: To enhance the free market competition in the oil industry by encouraging entry of new investors, the downstream oil industry shall be partially deregulated in that the State shall exercise control over the pricing of oil products, a hearing should first be conducted before any increase or decrease in prices.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.