Bill Type
Congress Name
Long Title
AN ACT TO AMEND SECTION 2 OF REPUBLIC ACT NO. 1405, OTHERWISE KNOWN AS THE "SECRECY OF BANK DEPOSITS LAW," EXEMPTING GOVERNMENT OFFICIALS AND EMPLOYEES FROM THE PROHIBITION AGAINST DISCLOSURE OF OR INQUIRY INTO DEPOSITS WITH ANY BANKING INSTITUTION AND FOR OTHER PURPOSES
Date filed
August 4, 2004
Scope
Legislative History
| House Bill/Resolution NO. HB02101 |
| FULL TITLE : AN ACT TO AMEND SECTION 2 OF REPUBLIC ACT NO. 1405, OTHERWISE KNOWN AS THE "SECRECY OF BANK DEPOSITS LAW," EXEMPTING GOVERNMENT OFFICIALS AND EMPLOYEES FROM THE PROHIBITION AGAINST DISCLOSURE OF OR INQUIRY INTO DEPOSITS WITH ANY BANKING INSTITUTION AND FOR OTHER PURPOSES |
| ABSTRACT : The bill seeks to exempt government officials and employees, whether elected or appointed, from the coverage of the Bank Secrecy Law in order to equip law enforcement authorities with the tools needed to go after crooks in government. |
| PRINCIPAL AUTHOR/S : AQUINO, AGAPITO A. |
| DATE FILED : 2004-08-04 |
| SIGNIFICANCE: NATIONAL |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON BANKS AND FINANCIAL INTERMEDIARIES ON 2004-11-17 |
| PREVIOUS COMMITTEE REFERRALS :PRIMARILY REFERRED TO GOOD GOVERNMENT on 2004-08-10; |
Abstract
The bill seeks to exempt government officials and employees, whether elected or appointed, from the coverage of the Bank Secrecy Law in order to equip law enforcement authorities with the tools needed to go after crooks in government.'
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.