Bill Type
Congress Name
Long Title
AN ACT TO HELP INSURE THE SAFETY OF BANK DEPOSITS AND FUNDS THEREBY STRENGTHENING THE OPERATIONS OF BANKING INSTITUTIONS, AND FOR OTHER PURPOSES
Date filed
November 13, 2001
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. House Bill No. 3850, 12th Congress of the Republic |
| FULL TITLE : AN ACT TO HELP INSURE THE SAFETY OF BANK DEPOSITS AND FUNDS THEREBY STRENGTHENING THE OPERATIONS OF BANKING INSTITUTIONS, AND FOR OTHER PURPOSES |
| ABSTRACT : this bill seeks to help ensure the safety of bank deposits and funds thereby strengthening the operations of banking institutions. It intends to do this by authorizing all banking institutions recognized and accredited by the Banko Sentral ng Pilipinas (BSP) to provide special security services of their banking activities and operations and to procure and possess firearms for security purposes. |
| PRINCIPAL AUTHOR/S : UMALI, AURELIO M. |
| DATE FILED : 2001-11-13 |
| SIGNIFICANCE: NATIONAL |
| CO-AUTHORS (Journal Entries) : |
| 1. Monfort (044 ) |
| ADMINISTRATION BILL? No |
| URGENT BILL? No |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON BANKS AND FINANCIAL INTERMEDIARIES ON 2001-11-21 |
| SECONDARILY REFERRED TO THE COMMITTEE(S) ON APPROPRIATIONS |
Abstract
this bill seeks to help ensure the safety of bank deposits and funds thereby strengthening the operations of banking institutions. It intends to do this by authorizing all banking institutions recognized and accredited by the Banko Sentral ng Pilipinas (BSP) to provide special security services of their banking activities and operations and to procure and possess firearms for security purposes.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.