Bill Type
Long Title
AN ACT INCREASING THE DEPOSIT INSURANCE FOR EACH BANK DEPOSITOR FROM ONE HUNDRED THOUSAND PESOS TO FIVE HUNDRED THOUSAND PESOS
Date filed
June 5, 2000
Scope
Urgent Bill
No

Legislative History

House Bill/Resolution NO. HB11696
FULL TITLE : AN ACT INCREASING THE DEPOSIT INSURANCE FOR EACH BANK DEPOSITOR FROM ONE HUNDRED THOUSAND PESOS TO FIVE HUNDRED THOUSAND PESOS
ABSTRACT : All laws to the contrary notwithstanding , the deposit insurance of P100,000.00 is hereby increased to P500,000.00 for each depositor.
PRINCIPAL AUTHOR/S : PADILLA, CASIMIRO ROY JR. A.
DATE FILED : 2000-06-05
SIGNIFICANCE: NATIONAL
CO-AUTHORS :
1. 2.
3. 4.
ADMINISTRATION BILL? No
URGENT BILL? No
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON BANKS AND FINANCIAL INTERMEDIARIES ON 2000-07-17

Abstract

All laws to the contrary notwithstanding , the deposit insurance of P100,000.00 is hereby increased to P500,000.00 for each depositor.

Disclaimer

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