Bill Type
Long Title
AN ACT PROVIDING A MINIMUM FLOOR PRICE AS BASIS FOR THE DISPOSITION OF PROPERTY SUBJECT TO SALE AT THE BUREAU OF CUSTOMS, BY ADDING A NEW SECTION 2601 (a) UNDER PART 5, TITLE VI, BOOK II OF THE TARIFF AND CUSTOMS CODE OF THE PHILIPPINES, AS AMENDED
Congress Author
Date filed
March 8, 2000
Scope
Urgent Bill
No

Legislative History

House Bill/Resolution NO. HB09868
FULL TITLE : AN ACT PROVIDING A MINIMUM FLOOR PRICE AS BASIS FOR THE DISPOSITION OF PROPERTY SUBJECT TO SALE AT THE BUREAU OF CUSTOMS, BY ADDING A NEW SECTION 2601 (a) UNDER PART 5, TITLE VI, BOOK II OF THE TARIFF AND CUSTOMS CODE OF THE PHILIPPINES, AS AMENDED
ABSTRACT : The Bureau of Customs shall determine the MINIMUM FLOOR PRICE of articles for disposal based on the accumulated total of certain factors, such as (1) appraisal, advertisement and sale expenses; (2) government taxes; (3) storage charges; (4) arrastreand private storage charges, etc.
PRINCIPAL AUTHOR/S : REYES, EDMUNDO JR. O.
DATE FILED : 2000-03-08
SIGNIFICANCE: NATIONAL
CO-AUTHORS :
1.
ADMINISTRATION BILL? No
URGENT BILL? No
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 2000-03-14

Abstract

The Bureau of Customs shall determine the MINIMUM FLOOR PRICE of articles for disposal based on the accumulated total of certain factors, such as (1) appraisal, advertisement and sale expenses; (2) government taxes; (3) storage charges; (4) arrastreand private storage charges, etc.

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