Bill Type
Congress Name
Long Title
AN ACT IMPOSING A MANDATORY MORATORIUM ON THE ACCRUAL, COLLECTION, AND PAYMENT OF PRINCIPAL INTERESTS, PENALTIES AND SURCHARGES ON ALL LOANS FROM ANY PUBLIC AND PRIVATE FINANCING INSTITUTIONS FOR A PERIOD OF SIX (6) MONTHS FROM THE TIME ANY AREA WITHIN THE TERRITORIAL JURISDICTION OF THE REPUBLIC OF THE PHILIPPINES IS DECLARED A CALAMITY AREA BY THE PRESIDENT OF THE PHILIPPINES, AND FOR OTHER PURPOSES
Date filed
August 13, 1998
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. HB02221 | |
| FULL TITLE : AN ACT IMPOSING A MANDATORY MORATORIUM ON THE ACCRUAL, COLLECTION, AND PAYMENT OF PRINCIPAL INTERESTS, PENALTIES AND SURCHARGES ON ALL LOANS FROM ANY PUBLIC AND PRIVATE FINANCING INSTITUTIONS FOR A PERIOD OF SIX (6) MONTHS FROM THE TIME ANY AREA WITHIN THE TERRITORIAL JURISDICTION OF THE REPUBLIC OF THE PHILIPPINES IS DECLARED A CALAMITY AREA BY THE PRESIDENT OF THE PHILIPPINES, AND FOR OTHER PURPOSES | |
| ABSTRACT : "Moratorium in Calamity Act." Gives calamity victims breathing space and elbow room affording him the chance to rise again from the wreckage of disaster. | |
| PRINCIPAL AUTHOR/S : OROLA, JOHN JR. N. | |
| DATE FILED : 1998-08-13 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS : | |
| 1. | 2. |
| ADMINISTRATION BILL? No | |
| URGENT BILL? No | |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON BANKS AND FINANCIAL INTERMEDIARIES ON 1998-08-20 |
Abstract
"Moratorium in Calamity Act." Gives calamity victims breathing space and elbow room affording him the chance to rise again from the wreckage of disaster.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.