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)
Third Reading Copy link (HRep)
Scope
Legislative Status
Legislative Status Date
Session Sequence No.
7
Session Type
Document Certification
All Information (Senate Website)
Legislative History (Senate Website)
Committee Referral (Senate Website)
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Committee Details
Primary Committee
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.