Bill Type
Congress Name
Long Title
AN ACT EXTENDING THE APPLICATION PERIOD FOR FILING SPECIAL PURPOSE VEHICLES FROM 18 MONTHS TO 36 MONTHS, AND EXTENDING THE APPLICABLE PERIOD OF THE TAX EXEMPTIONS AND FEE PRIVILEGES PROVIDED TO SPECIAL PURPOSE VEHICLES FROM NOT MORE THAN 2 YEARS TO NOT MORE THAN 5 YEARS AMENDING FOR THE PURPOSE SECTION 6, AND SECTION 15 PARAGRAPH C OF REPUBLIC ACT NO. 9182 OTHERWISE KNOWN AS THE SPECIAL PURPOSE VEHICLE ACT OF 2002
Date filed
September 29, 2004
Scope
Legislative History
| House Bill/Resolution NO. HB03058 |
| FULL TITLE : AN ACT EXTENDING THE APPLICATION PERIOD FOR FILING SPECIAL PURPOSE VEHICLES FROM 18 MONTHS TO 36 MONTHS, AND EXTENDING THE APPLICABLE PERIOD OF THE TAX EXEMPTIONS AND FEE PRIVILEGES PROVIDED TO SPECIAL PURPOSE VEHICLES FROM NOT MORE THAN 2 YEARS TO NOT MORE THAN 5 YEARS AMENDING FOR THE PURPOSE SECTION 6, AND SECTION 15 PARAGRAPH C OF REPUBLIC ACT NO. 9182 OTHERWISE KNOWN AS THE SPECIAL PURPOSE VEHICLE ACT OF 2002 |
| ABSTRACT : The measure seeks to extend the period for entities to file for a special purpose vehicle (SPV) from 18 months to 36 months. It also extend the applicable time period for SPV entitlements from 2 years to 5 years. |
| PRINCIPAL AUTHOR/S : VILLAFUERTE, LUIS R. |
| DATE FILED : 2004-09-29 |
| SIGNIFICANCE: NATIONAL |
| ACTIONS TAKEN BY THE COMMITTEE |
| MOTHER BILL: HB04066 |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON BANKS AND FINANCIAL INTERMEDIARIES ON 2004-10-26 |
Abstract
The measure seeks to extend the period for entities to file for a special purpose vehicle (SPV) from 18 months to 36 months. It also extend the applicable time period for SPV entitlements from 2 years to 5 years.'
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.