Bill Type
Congress Name
Long Title
AN ACT GUARANTEEING THE CORRECT AND PROMPT PAYMENT OF WORKERS' WAGES AND OTHER BENEFITS PROVIDED BY LAW THROUGH THE BANKING SYSTEM, AMENDING FOR THE PURPOSE REPUBLIC ACT NO. 6727, OTHERWISE KNOWN AS THE WAGE RATIONALIZATION ACT
Date filed
October 15, 1998
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. HB04604 |
| FULL TITLE : AN ACT GUARANTEEING THE CORRECT AND PROMPT PAYMENT OF WORKERS' WAGES AND OTHER BENEFITS PROVIDED BY LAW THROUGH THE BANKING SYSTEM, AMENDING FOR THE PURPOSE REPUBLIC ACT NO. 6727, OTHERWISE KNOWN AS THE WAGE RATIONALIZATION ACT |
| ABSTRACT : Seeks to guarantee correct and prompt payment of workers' wages by directing concerned banks NOT to require more than P100.00 as the lowest balance in employees' or workers' individual accounts. DISPENSES with the requirement of securing the consentof the majority of the employees of a firm or establishment. |
| PRINCIPAL AUTHOR/S : LAGMAN-LUISTRO, CIELO KRISEL |
| DATE FILED : 1998-10-15 |
| SIGNIFICANCE: NATIONAL |
| CO-AUTHORS : |
| 1. |
| ADMINISTRATION BILL? No |
| URGENT BILL? No |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON LABOR AND EMPLOYMENT ON 1998-10-20 |
Abstract
Seeks to guarantee correct and prompt payment of workers' wages by directing concerned banks NOT to require more than P100.00 as the lowest balance in employees' or workers' individual accounts. DISPENSES with the requirement of securing the consentof the majority of the employees of a firm or establishment.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.