Bill Type
Long Title
AN ACT INSTITUTING A SOCIALIZED AND LOW-COST HOUSING LOAN RESTRUCTURING PROGRAM, PROVIDING THE MECHANISM THEREFOR, AND FOR OTHER PURPOSES
Short Title
SOCIALIZED AND LOW-COST HOUSING LOAN RESTRUCTURING ACT OF 2005
Text as Filed (File)
Congress Author
Scope
Legislative Status
Legislative Status Date
Session Sequence No.
7
Session Type
Document Certification

Legislative History

House Bill/Resolution NO. HB03835
FULL TITLE : AN ACT INSTITUTING A SOCIALIZED AND LOW-COST HOUSING LOAN RESTRUCTING PROGRAM, PROVIDING THE MECHANISM THEREFOR, AND FOR OTHER PURPOSES
SHORT TITLE : "Socialized and Low-Cost Housing Loan Restructuring Act of 2005."
ABSTRACT : "Socialized and Low-Cost Housing Loan Restructuring Act of 2005." The measure seeks to institute a restructuring program for all socialized housing loan accounts (loans amounting to P225,000 and below) and all low-cost housing loan accounts (loans amounting to over P225,000 but not exceeding P500,000) in government financing institutions.
PRINCIPAL AUTHOR/S : BIAZON, ROZZANO RUFINO B.
DATE FILED : 2005-03-01
SIGNIFICANCE: NATIONAL
CO-AUTHORS :
1. Codilla 2. Dadivas
3. Amin 4. Nograles
5. Arroyo 6. Zubiri
7. Romualdo 8. Pingoy
9. Villarosa 10. Remulla
11. Reyes 12. Zialcita
13. Espino 14. Escudero
15. Jaraula 16. Cua
17. Umali 18. Uy
19. Tulagan 20. Puentevella
21. Castelo-daza 22. Jaworski
23. Dy 24. Golez
25. Tañada 26. Magtubo
CO-AUTHORS (Journal Entries) :
1. Abayon (041 ) 2. Nantes (055 )
ACTIONS TAKEN BY THE COMMITTEE
COMMITTEE REPORT NO. 00415
SUBMITTED ON 2005-03-01
SUBMITTED BY: HOUSING AND URBAN DEVELOPMENT
RECOMMENDATIONS: approval
SUBSTITUTED BILLS: HB00199, HB00241, HB00267, HB01643, HB03097, HB03249
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON RULES ON 2005-03-02
DATE INCLUDED IN OB: 2005-03-02
DATE CALENDARED : 2005-03-09
SECOND READING INFORMATION
PERIOD OF SPONSORSHIP : 2005-03-16
DATE APPROVED ON SECOND READING : 2005-03-16
REMARKS : The Body considered the Explanatory Note of the bill as the sponsorship remarks on the measure.
THIRD READING INFORMATION
DATE COPY DISTRIBUTED TO MEMBERS: 2005-03-31
DATE APPROVED BY THE HOUSE ON THIRD READING :2005-06-06
HOUSE VOTES:    YEAS:161     NAYS:0    ABSTAIN:.0
DATE TRANSMITTED TO THE SENATE:  2005-07-25
ACTIONS TAKEN BY THE SENATE/HOUSE
DATE RECEIVED BY THE SENATE:  2005-08-02
REMARKS : 

Senate Legislative History

Entitled:
AN ACT INSTITUTING A SOCIALIZED AND LOW-COST HOUSING LOAN RESTRUCTURING PROGRAM, PROVIDING THE MECHANISM THEREFOR, AND FOR OTHER PURPOSES
[ SECOND REGULAR SESSION, 13TH CONGRESS ]
[ 2005 ]
8/2/2005 Filed in the Senate requesting for concurrence by Representatives ROZZANO RUFINO B. BIAZON, EUFROCINO M. CODILLA SR., RODRIGUEZ D. DADIVAS, HUSSIN U. AMIN, PROSPERO C. NOGRALES, IGGY T. ARROYO, JUAN MIGUEL F. ZUBIRI, JURDIN JESUS M. ROMUALDO, ARTHUR Y. PINGOY JR., MA. AMELITA C. VILLAROSA, GILBERT C. REMULLA, VICTORIA H. REYES, EDUARDO C. ZIALCITA, AMADO T. ESPINO JR., FRANCIS G. ESCUDERO, CONSTANTINO G. JARAULA, JUNIE E. CUA, ALFONSO V. UMALI JR., REYNALDO S. UY, GENEROSO DC. TULAGAN, MONICO O. PUENTEVELLA, NANETTE CASTELO-DAZA, ROBERT "DODOT" B. JAWORSKI JR., ROILO S. GOLEZ, LORENZO R. TANADA III and RENATO "KA RENE" B. MAGTUBO, as authors;
8/8/2005 Read on First Reading and Referred to the Committee on URBAN PLANNING, HOUSING AND RESETTLEMENT;

Abstract

"Socialized and Low-Cost Housing Loan Restructuring Act of 2005." The measure seeks to institute a restructuring program for all socialized housing loan accounts (loans amounting to P225,000 and below) and all low-cost housing loan accounts (loans amounting to over P225,000 but not exceeding P500,000) in government financing institutions.'

Disclaimer

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