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Unfinished Business

15 December 2003 - The 12th Congress, now on its third and final session, is scheduled to adjourn on 12 June 2004. With barely seven months to go, the pressure is on for it to act on urgent measures that the Legislative-Executive Development Advisory Council has identified in its 30 July meeting. The priority bills that still need to be passed to push much needed economic reforms are as follows:
Topic Senate House of Representatives
Bill No. Status Bill No. Status
Farm Land
as Loan Collateral		 SB 2553 Approved on Third Reading HB 5511 Approved on ThirdReading
Anti-Terrorism Act SB 2540 Pending Second Reading HB 5923 Pending Second Reading
Compensation to Human Rights Victims SBs 98 & 1877 Pending in Committee HB 4535 Approved on Second Reading
National Transmission Corporation Franchise HB 4882 Pending Second Reading HB 4882 Approved on Third Reading
Political Parties Reform Act / Campaign Finance SB 2442 Pending Second Reading HB 5923 Pending Second Reading
Rationalization of Documentary Stamp Tax SB 2518 Approved on ThirdReading HB 2266 Approved on ThirdReading
Indexation of Sin Taxes -   HBs 1728 & 4765 Pending in Committee
National Authority for Revenue Administration Act SB 2463 Pending in Committee HB 6435 Pending Second Reading
Optical Media Act SB 2586 Approved on ThirdReading HB 5225 Approved on Third Reading
Securitization Act SB 2095 Pending Second Reading HB 4453 Approved on Third Reading
Creation of the Department of Housing and Urban Development SB 2133 Pending Second Reading HB 4517 Approved on Third Reading
Tax Incentives on Capital Equipment SB 2711 Pending Second Reading HB5713 Approved on Third Reading
Debt Cap Act of 2003 SBs 1284, 2470, 2504, 2536 & 2549 Pending in Committee HB 5606 Pending in Committee
Institutions / VAT Exemption of Certain Services SB 2660 Bicameral Conference Committee HB 5231

 Bicameral Conference Committee
HB 6249* Pending in Committee
The Alternative Dispute Resolution Act of 2002 SB 2671 Pending Second Reading HB5654 Approved on Third Reading
Land Administration Reform Act SBs 2592 & 2593 Pending in Committee HBs 6070 & 6255 Pending in Committee
 
* Re-imposition of the GRT on services rendered by banks
 

 
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