Bill Type
Congress Name
Long Title
AN ACT REQUIRING ALL INSURANCE COMPANIES OPERATING IN THE PHILIPPINES TO SET ASIDE AT LEAST TEN PERCENT (10%) OF THEIR YEARLY NET INCOME OR INVESTIBLE FUNDS, WHICHEVER IS HIGHER FOR FINANCING LIVELIHOOD PROJECTS, THRU THE DEVELOPMENT BANK OF THE PHILIPPINES
Date filed
April 3, 1990
Scope
Urgent Bill
No
Administration Bill
No
Legislative History
| House Bill/Resolution NO. HB30349 | |
| FULL TITLE : AN ACT REQUIRING ALL INSURANCE COMPANIES OPERATING IN THE PHILIPPINES TO SET ASIDE AT LEAST TEN PERCENT (10%) OF THEIR YEARLY NET INCOME OR INVESTIBLE FUNDS, WHICHEVER IS HIGHER FOR FINANCING LIVELIHOOD PROJECTS, THRU THE DEVELOPMENT BANK OF THE PHILIPPINES | |
| PRINCIPAL AUTHOR/S : TY, MARIO S. | |
| DATE FILED : 1990-04-03 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS : | |
| 1. Dragon | 2. Estrella |
| ADMINISTRATION BILL? No | |
| URGENT BILL? No | |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON CORPORATIONS AND FRANCHISES ON 1990-04-05 |
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.