Bill Type
Congress Name
Long Title
AN ACT CREATING THE LOCAL GOVERNMENT DEVELOPMENT BANK AND APPROPRIATING FUNDS THEREFOR
Date filed
November 10, 1998
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. HB05198 |
| FULL TITLE : AN ACT CREATING THE LOCAL GOVERNMENT DEVELOPMENT BANK AND APPROPRIATING FUNDS THEREFOR |
| ABSTRACT : "Charter of the Local Government Development Bank". With the proposed Bank, LGUs can now pool their resources to fund its creation and from which they can obtain loans to finance their development projects. |
| PRINCIPAL AUTHOR/S : PONCE, NESTOR JR. C. |
| DATE FILED : 1998-11-10 |
| SIGNIFICANCE: NATIONAL |
| ADMINISTRATION BILL? No |
| URGENT BILL? No |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON BANKS AND FINANCIAL INTERMEDIARIES ON 1998-11-16 |
Abstract
"Charter of the Local Government Development Bank". With the proposed Bank, LGUs can now pool their resources to fund its creation and from which they can obtain loans to finance their development projects.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.