Bill Type
Long Title
AN ACT ESTABLISHING THE PRE-NEED PLAN CODE OF THE PHILIPPINES
Congress Author
Date filed
September 17, 2002
Scope
Urgent Bill
No

Legislative History

House Bill/Resolution NO. House Bill No. 5240, 12th Congress of the Republic
FULL TITLE : AN ACT ESTABLISHING THE PRE-NEED PLAN CODE OF THE PHILIPPINES
ABSTRACT : "Pre -Need Plan Code of the Philippines." This bill seks to establish a Pre-Need Plan Code that shall govern the operation of firms which sell pre-need plans. It provides a Plan Holders' Protection Fund which shall be used for payment of claims remaining unpaid due to insolvency of such company.
PRINCIPAL AUTHOR/S : GUNIGUNDO, MAGTANGGOL I T.
DATE FILED : 2002-09-17
SIGNIFICANCE: NATIONAL
CO-AUTHORS :
1. De Venecia 2. Salceda
CO-AUTHORS (Journal Entries) :
1. Calalay (020 ) 2. Nieva (020 )
3. Umali (020 ) 4. Ylagan (020 )
5. Uy (025 ) 6. Chatto (026 )
7. Chipeco (056 )
ADMINISTRATION BILL? No
URGENT BILL? No
ACTIONS TAKEN BY THE COMMITTEE
MOTHER BILL: House Bill No. 5535, 12th Congress of the Republic
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON BANKS AND FINANCIAL INTERMEDIARIES ON 2002-10-01

Abstract

"Pre -Need Plan Code of the Philippines." This bill seks to establish a Pre-Need Plan Code that shall govern the operation of firms which sell pre-need plans. It provides a Plan Holders' Protection Fund which shall be used for payment of claims remaining unpaid due to insolvency of such company.

Disclaimer

Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.