Bill Type
Congress Name
Long Title
AN ACT PROVIDING FOR A THREE (3)-YEAR MORATORIUM ON ALL LOW-COST HOUSING LOANS WITH ANY OF THE GOVERNMENT INSTITUTIONS AND AGENCIES INVOLVED IN THE NATIONAL SHELTER PROGRAM, AMENDING FOR THE PURPOSE REPUBLIC ACT NO. 8501
Date filed
January 22, 2002
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. House Bill No. 4264, 12th Congress of the Republic | |
| FULL TITLE : AN ACT PROVIDING FOR A THREE (3)-YEAR MORATORIUM ON ALL LOW-COST HOUSING LOANS WITH ANY OF THE GOVERNMENT INSTITUTIONS AND AGENCIES INVOLVED IN THE NATIONAL SHELTER PROGRAM, AMENDING FOR THE PURPOSE REPUBLIC ACT NO. 8501 | |
| ABSTRACT : All unpaid LOW COST HOUSING LOANS from any of the government institutions and agencies involved in the National Shelter Program of the Government, including but not limited to the Government Service Insurance System (GSIS), Social Security System (SSS), Home Development Mutual Fund (Pag-ibig Fund), National Home Mortgage Finance Corporation (NHMFC), and the National Housing Authority (NHA), are hereby GIVEN A THREE-YEAR MORATORIUM: Provided, That all due and demandable arrearages composed of the principal and interest are restructed and paid within the remaining period of the loan. | |
| PRINCIPAL AUTHOR/S : ZUBIRI, JUAN MIGUEL F. | |
| DATE FILED : 2002-01-22 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS (Journal Entries) : | |
| 1. Banaag (073 ) | 2. Syjuco (023 ) |
| ADMINISTRATION BILL? No | |
| URGENT BILL? No | |
| ACTIONS TAKEN BY THE COMMITTEE | |
| MOTHER BILL: House Bill No. 5553, 12th Congress of the Republic | |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON HOUSING AND URBAN DEVELOPMENT ON 2002-01-29 |
Abstract
All unpaid LOW COST HOUSING LOANS from any of the government institutions and agencies involved in the National Shelter Program of the Government, including but not limited to the Government Service Insurance System (GSIS), Social Security System (SSS), Home Development Mutual Fund (Pag-ibig Fund), National Home Mortgage Finance Corporation (NHMFC), and the National Housing Authority (NHA), are hereby GIVEN A THREE-YEAR MORATORIUM: Provided, That all due and demandable arrearages composed of the principal and interest are restructed and paid within the remaining period of the loan.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.