Bill Type
Long Title
AN ACT FIXING THE MINIMUM AMOUNT OF INVESTIBLE FUNDS OF THE SOCIAL SECURITY SYSTEM (SSS) AND THE GOVERNMENT SERVICE INSURANCE SYSTEM (GSIS) FOR LOW-COST HOUSING, AMENDING FOR THIS PURPOSE SECTION 26, SUBPARAGRAPH D OF THE SOCIAL SECURITY LAW, OTHERWISE KNOWN AS REPUBLIC ACT NO. 1161, AS AMENDED, AND SECTION 30 OF THE REVISED GOVERNMENT SERVICE INSURANCE ACT, OTHERWISE KNOWN AS PRESIDENTIAL DECREE NO. 1146
Congress Author
Date filed
September 1, 1998
Scope
Urgent Bill
No

Legislative History

House Bill/Resolution NO. HB03096
FULL TITLE : AN ACT FIXING THE MINIMUM AMOUNT OF INVESTIBLE FUNDS OF THE SOCIAL SECURITY SYSTEM (SSS) AND THE GOVERNMENT SERVICE INSURANCE SYSTEM (GSIS) FOR LOW-COST HOUSING, AMENDING FOR THIS PURPOSE SECTION 26, SUBPARAGRAPH D OF THE SOCIAL SECURITY LAW, OTHERWISE KNOWN AS REPUBLIC ACT NO. 1161, AS AMENDED, AND SECTION 30 OF THE REVISED GOVERNMENT SERVICE INSURANCE ACT, OTHERWISE KNOWN AS PRESIDENTIAL DECREE NO. 1146
ABSTRACT : Proposes an INCREASE in the amount of funds invested for the national shelter program -- the minimum amount of investible funds is set at THIRTY PERCENT (30%) from the SSS and the GSIS.
PRINCIPAL AUTHOR/S : MONFORT, NARCISO D.
DATE FILED : 1998-09-01
SIGNIFICANCE: NATIONAL
CO-AUTHORS :
1. 2.
ADMINISTRATION BILL? No
URGENT BILL? No
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON GOVERNMENT ENTERPRISES AND PRIVATIZATION ON 1998-09-28

Abstract

Proposes an INCREASE in the amount of funds invested for the national shelter program -- the minimum amount of investible funds is set at THIRTY PERCENT (30%) from the SSS and the GSIS.

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