Bill Type
Congress Name
Long Title
AN ACT PROVIDING FOR GOVERNMENT EQUITY INVESTMENT IN COUNTRYSIDE PRIVATE BANKS TO FACILITATE CREDIT FINANCING FOR RURAL DEVELOPMENT AND AGRICULTURAL EXPANSION AND APPROPRIATING FUNDS THEREFOR
Date filed
September 22, 1998
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. HB03864 | |
| FULL TITLE : AN ACT PROVIDING FOR GOVERNMENT EQUITY INVESTMENT IN COUNTRYSIDE PRIVATE BANKS TO FACILITATE CREDIT FINANCING FOR RURAL DEVELOPMENT AND AGRICULTURAL EXPANSION AND APPROPRIATING FUNDS THEREFOR | |
| ABSTRACT : "Countryside Development Credit Financing Act of 1998". The Land Bank of the Philippines shall subscribe to the shares of stock of any countryside private bank in an amount not exceeding 49% of the bank's authorized capital stock. | |
| PRINCIPAL AUTHOR/S : MONFORT, NARCISO D. | |
| DATE FILED : 1998-09-22 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS : | |
| 1. | 2. |
| 3. | |
| ADMINISTRATION BILL? No | |
| URGENT BILL? No | |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON BANKS AND FINANCIAL INTERMEDIARIES ON 1998-10-01 | |
| SECONDARILY REFERRED TO THE COMMITTEE(S) ON APPROPRIATIONS |
Abstract
"Countryside Development Credit Financing Act of 1998". The Land Bank of the Philippines shall subscribe to the shares of stock of any countryside private bank in an amount not exceeding 49% of the bank's authorized capital stock.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.