An Act Providing for the Strategic Exploration, Development, Utilization, and Conservation of Mineral Resources for the Benefit of Local Industries and Communities, and for Other Purposes
The bill would tax raw‑ore exports, raise the tax over time, and eventually ban raw‑ore exports by 2033. Money collected would fund a new downstream‑mining fund, local‑government projects, and national development, while a council would plan and oversee the shift to more processing and job creation in the Philippines.
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
Printed from CivicSync PH: https://civicsync-ph-gamma.vercel.app/bills/SBN-552. Status changes over time; check the link for the latest.
SBN-552 · Sources: BetterGov Open Congress, BatasWatch
Similar in what they’d do, filed by any lawmaker.