Bill Type
Congress Name
Long Title
AN ACT CREATING THE OVERSEAS FILIPINO WORKERS' BANK, APPROPRIATING FUNDS THEREFOR AND FOR OTHER PURPOSES
Date filed
June 3, 2002
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. House Bill No. 4900, 12th Congress of the Republic | |
| FULL TITLE : AN ACT CREATING THE OVERSEAS FILIPINO WORKERS' BANK, APPROPRIATING FUNDS THEREFOR AND FOR OTHER PURPOSES | |
| ABSTRACT : The creation of an Overseas Filipino Workers Bank (OFW Bank) is hereby proposed to promote an advance the financial welfare of our Overseas Filipino Worker's (OFWs). As the State recognizes the OFWs as the major force in the labor front today, it shall likewise provide the proper venue to address their financial needs, among others. | |
| PRINCIPAL AUTHOR/S : SYJUCO, AUGUSTO JR. L | |
| DATE FILED : 2002-06-03 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS (Journal Entries) : | |
| 1. Ylagan (002 ) | 2. Umali (002 ) |
| 3. Mathay (028 ) | |
| ADMINISTRATION BILL? No | |
| URGENT BILL? No | |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON BANKS AND FINANCIAL INTERMEDIARIES ON 2002-07-23 | |
| SECONDARILY REFERRED TO THE COMMITTEE(S) ON APPROPRIATIONS |
Abstract
"The creation of an Overseas Filipino Workers Bank (OFW Bank) is hereby proposed to promote an advance the financial welfare of our Overseas Filipino Worker's (OFWs). As the State recognizes the OFWs as the major force in the labor front today, it shall likewise provide the proper venue to address their financial needs, among others."
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.