Bill Type
Congress Name
Long Title
AN ACT AUTHORIZING THE CREATION OF SPECIAL PURPOSE ASSET VEHICLES TO ALLOW INVESTMENT IN, AND ACQUISITION OF NON-PERFORMING ASSETS, AND FOR OTHER PURPOSES (spav)
Date filed
February 14, 2002
Scope
Urgent Bill
Yes
Legislative History
| House Bill/Resolution NO. House Bill No. 4403, 12th Congress of the Republic | |
| REPUBLIC ACT NO. RA09182 | |
| FULL TITLE : AN ACT AUTHORIZING THE CREATION OF SPECIAL PURPOSE ASSET VEHICLES TO ALLOW INVESTMENT IN, AND ACQUISITION OF NON-PERFORMING ASSETS, AND FOR OTHER PURPOSES (spav) | |
| SHORT TITLE : The Special Purpose Vehicles (SPV) Act of 2002 | |
| PRINCIPAL AUTHOR/S : DE VENECIA, JOSE JR. C. | |
| DATE FILED : 2002-02-14 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS : | |
| 1. Lopez | 2. Barbers |
| 3. Zialcita | 4. Lapus |
| 5. Ledesma | 6. Chiongbian |
| 7. Enrile | 8. Baculio |
| 9. Uy | 10. Bersamin |
| 11. Castro | 12. Sy-alvarado |
| 13. Bueser | 14. Nieva |
| 15. Teves | 16. Lozada |
| 17. Bacani | 18. Villarama |
| 19. Leviste | 20. Defensor |
| 21. Real | 22. Albano |
| 23. Domogan | 24. Apostol |
| 25. Puentebella | 26. Dimaporo |
| 27. Dy | 28. Pilando |
| 29. Roco | 30. Defensor |
| 31. Cuenco | 32. Santiago |
| 33. Gatchalian | 34. Lacson |
| 35. Torres | 36. Angping |
| 37. Bulut | 38. Taganas Layus |
| 39. Alfelor | 40. Nograles |
| 41. Amante | 42. Moreno |
| 43. Javier | 44. Ablan |
| 45. Salceda | 46. Angara-castillo |
| 47. Chipeco | 48. Lobregat |
| 49. Remulla | 50. Villar |
| 51. Cajes | |
| CO-AUTHORS (Journal Entries) : | |
| 1. Reyes (073 ) | |
| AUTHORSHIP WITHDRAWALS: | |
| Lobregat(2002-03-14) | |
| Remulla(0000-00-00) | |
| Villar(0000-00-00) | |
| Garcia(0000-00-00) | |
| DATE CERTIFIED AS URGENT:2002-02-21 | |
| URGENT BILL? Yes | |
| DATE CERTIFIED AS URGENT:2002-02-21 | |
| COUNTERPART HOUSE BILL/CONCURRENT RESOLUTION: SB02116 | |
| URGENT SENATE BILL? Yes | |
| DATE CERTIFIED AS URGENT HOUSE BILL: 2002-05-10 | |
| ACTIONS TAKEN BY THE COMMITTEE | |
| COMMITTEE REPORT NO. 00224 | |
| SUBMITTED ON 2002-02-14 | |
| SUBMITTED BY: BANKS AND FINANCIAL INTERMEDIARIES, WAYS AND MEANS | |
| RECOMMENDATIONS: approval | |
| SUBSTITUTED BILLS: House Bill No. 3236, 12th Congress of the Republic, House Bill No. 4048, 12th Congress of the Republic | |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON RULES ON 2002-02-19 | |
| DATE INCLUDED IN OB: 2002-02-19 | |
| DATE CALENDARED : 2002-02-19 | |
| SECOND READING INFORMATION | |
| PERIOD OF SPONSORSHIP : 2002-02-19 | |
| SPONSORED BY : Lopez;Barbers;Zialcita | |
| PERIOD OF INTERPELLATIONS : 2002-02-20, 2002-02-26, 2002-02-27, 2002-03-04, 2002-03-05, 2002-03-06, 2002-03-11, 2002-03-12 | |
| INTERPELLATED BY : Zamora, Alfelor, Suplico, Gozos, Gunigundo, Dilangalen, Villar, Javier, Aquino, Teves, Rosales, Ocampo, Barbers, Remulla, Beltran, Locsin, Taliño-santos, Failon, Biazon, Perez, Espina, Mitra, Lobregat, Chipeco, Almario, Padilla, Paras, Castro | |
| PERIOD OF TURNO EN CONTRA : 2002-03-12 | |
| TURNO EN CONTRA BY : Zamora | |
| PERIOD OF COMMITTEE AMENDMENTS : 2002-03-13 | |
| PERIOD OF INDIVIDUAL AMENDMENTS : 2002-03-12 | |
| DATE APPROVED ON SECOND READING : 2002-03-12 | |
| RECOMMITTED/RECONSIDERED : RECONSIDERED | |
| DATE RECONSIDERED : 2002-03-13 | |
| REMARKS : The Body approved to insert the sponsorship speeches of Reps. Uy (E.) and Baculio into the Record of the House on Feb. 19, 2002. | |
| THIRD READING INFORMATION | |
| DATE APPROVED BY THE HOUSE ON THIRD READING :2002-03-13 | |
| HOUSE VOTES: YEAS:121 NAYS:17 ABSTAIN:.0 | |
| DATE TRANSMITTED TO THE SENATE: 2002-04-01 | |
| ACTIONS TAKEN BY THE SENATE/HOUSE | |
| DATE RECEIVED BY THE SENATE: 2002-04-01 | |
| CONFERENCE COMMITTEE INFORMATION | |
| DATE REQUESTED TO FORM A CONFERENCE COMMITTEE : 2002-09-05 | |
| CONFERENCE COMMITTEEE REQUESTED BY : HOUSE | |
| DATE AGREED TO FORM A CONFERENCE COMMITTEE : 2002-11-11 | |
| CONCOM MEMBERS(HOUSE) : Lopez, Uy, Locsin, Roman, Javier, Lacson, Zialcita, Moreno, Barbers, Lapus, Villar, Suplico, Garcia, Jaraula, Lobregat | |
| DATE HOUSE RATIFIED CONCOM REPORT : 2002-12-18 | |
| DATE SENATE APPROVED CONCOM REPORT : 2002-12-17 | |
| ACTIONS TAKEN BY THE PRESIDENT | |
| DATE TRANSMITTED TO THE PRESIDENT : 2002-12-20 | |
| DATE ACTED UPON BY THE PRESIDENT : 2002-12-23 | |
| PRESIDENTIAL ACTION:(A)PPROVED/(V)ETOED/(L)APSED : A | |
| REPUBLIC ACT NO.: RA09182 | |
| ORIGIN : HOUSE | |
| REPUBLIC ACT TITLE: AN ACT GRANTING TAX EXEMPTIONS AND FEE PRIVILEGES TO SPECIAL PURPOSE VEHICLES WHICH ACQUIRE OR INVEST IN NON-PERFORMING ASSETS, SETTING THE REGULATORY FRAMEWORK THEREFOR, AND FOR OTHER PURPOSES |
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Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.