Bill Type
Short Title
PHILIPPINE CREDIT CARD INDUSTRY REGULATION LAW
Third Reading Copy link (HRep)
Sponsor
Scope
Legislative Status
Legislative Status Date
Session Sequence No.
58
Session Type
Subjects
Document Certification
All Information (Senate Website)
Legislative History (Senate Website)
Committee Report Senate Link
Committee Referral (Senate Website)
Floor Activity (Senate Website)
Committee Details
House Committee Report link
Votes
Votes
Type of vote
Third Reading (2/1/2016)
Voted Yes Voted No
Legislative History
| House Bill/Resolution NO. HB05417 | |
| REPUBLIC ACT NO. RA10870 | |
| FULL TITLE : AN ACT REGULATING THE PHILIPPINE CREDIT CARD INDUSTRY | |
| SHORT TITLE : Regulating The Philippine Credit Card Industry | |
| ALIAS NAME : Philippine Credit Card Industry Regulation Law | |
| PRINCIPAL AUTHOR/S : COLLANTES, SONNY P., GUANLAO, AGAPITO H., PONCE ENRILE, SALVACION S., ROMULO, ROMAN T., TEODORO, MARCELINO R., ESCUDERO, EVELINA G., MENDOZA, RAYMOND DEMOCRITO C., PIAMONTE, MARIANO JR. U., CORTUNA, JULIETA R., VILLAR, MARK A. | |
| DATE FILED : 2015-02-09 | |
| SIGNIFICANCE: NATIONAL | |
| NATURE : Economic | |
| CO-AUTHORS : | |
| 1. Kho | 2. Co |
| 3. Batocabe | 4. Pancho |
| 5. Tejada | 6. Pagdilao |
| 7. Lee | 8. Oaminal |
| 9. Tambunting | |
| CO-AUTHORS (Journal Entries) : | |
| 1. Primicias-Agabas (062 2015-03-17) | |
| AUTHORS(Final/Third Reading) : | |
| 1. Collantes | 2. Guanlao |
| 3. Ponce Enrile | 4. Romulo |
| 5. Teodoro | 6. Kho |
| 7. Escudero | 8. Mendoza (R.) |
| 9. Piamonte | 10. Cortuna |
| 11. Villar | 12. Pancho |
| 13. Co | 14. Batocabe |
| 15. Tejada | 16. Pagdilao |
| 17. Lee | 18. Oaminal |
| 19. Tambunting | |
| ACTIONS TAKEN BY THE COMMITTEE | |
| COMMITTEE REPORT NO. 00564 | |
| SUBMITTED ON 2015-02-09 | |
| SUBMITTED BY: BANKS AND FINANCIAL INTERMEDIARIES | |
| RECOMMENDATIONS: approval | |
| SUBSTITUTED BILLS: HB00207, HB01031, HB01513, HB02043, HB02551, HB03563, HB05201, HB04861 | |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON RULES ON 2015-02-10 | |
| DATE INCLUDED IN OB: 2015-02-10 | |
| DATE CALENDARED : 2015-02-17 | |
| SECOND READING INFORMATION | |
| PERIOD OF SPONSORSHIP : 2015-02-17 | |
| SPONSORED BY : Collantes | |
| FINAL LIST OF AUTHORS : Collantes, Guanlao, Ponce Enrile, Romulo, Teodoro, Kho, Escudero, Mendoza (R.), Piamonte, Cortuna, Villar, Pancho, Co, Batocabe, Tejada, Pagdilao, Lee, Oaminal, Tambunting | |
| DATE APPROVED ON SECOND READING : 2015-02-17 | |
| THIRD READING INFORMATION | |
| DATE COPY DISTRIBUTED TO MEMBERS: 2015-02-18 | |
| DATE APPROVED BY THE HOUSE ON THIRD READING :2015-02-23 | |
| HOUSE VOTES: YEAS:178 NAYS:0 ABSTAIN:.0 | |
| Voting Details Per Member(Legend:Y-Yes N-No A-Abstain X-Did Not Vote B-Absent D-N/A) | |
| Y---Abad | X---Abaya |
| Y---Abayon | X---Abellanosa |
| Y---Abu | X---Abueg |
| Y---Acedillo | Y---Acharon |
| Y---Acop | Y---Acosta-Alba |
| X---Adiong | Y---Advincula |
| Y---Agarao | X---Aggabao |
| Y---Aglipay | Y---Agyao |
| X---Albano | X---Alcala |
| Y---Alejano | B---Aliping--(Absent) |
| B---Almario--(Absent) | Y---Almonte |
| B---Alvarez (F.)--(Absent) | B---Alvarez (M.)--(Absent) |
| B---Amante--(Absent) | Y---Amatong (I.) |
| B---Amatong (R.)--(Absent) | B---Andaya--(Absent) |
| B---Angara-Castillo--(Absent) | Y---Angping |
| Y---Antonino-Nadres | B---Antonio--(Absent) |
| Y---Apostol | B---Aragones--(Absent) |
| Y---Arbison | X---Arenas |
| Y---Arnaiz | Y---Arroyo |
| Y---Asilo | Y---Atienza |
| X---Aumentado | B---Bag-ao--(Absent) |
| Y---Bagatsing | Y---Baguilat |
| Y---Balindong | Y---Banal |
| Y---Barcelona-Reyes | Y---Barzaga |
| Y---Bataoil | Y---Batocabe |
| B---Bautista--(Absent) | Y---Bello (S.) |
| X---Bello (W.) | Y---Belmonte (F.) |
| Y---Belmonte (J.) | Y---Belmonte (V.) |
| Y---Benitez | B---Bernos--(Absent) |
| Y---Biazon | Y---Bichara |
| Y---Binay | B---Biron--(Absent) |
| Y---Bondoc | B---Bonoan--(Absent) |
| Y---Bravo (A.) | B---Bravo (M.)--(Absent) |
| Y---Briones | X---Bulut-Begtang |
| B---Cabilao--(Absent) | Y---Cagas |
| Y---Calalay | X---Calixto-Rubiano |
| Y---Caminero | X---Cari |
| Y---Castelo | X---Castro |
| B---Catamco--(Absent) | X---Cayetano |
| Y---Celeste | Y---Cerafica |
| Y---Chipeco | X---Co |
| Y---Cojuangco (E.) | X---Cojuangco (K.) |
| Y---Collantes | Y---Colmenares |
| Y---Cortuna | Y---Cosalan |
| Y---Cruz-Gonzales | Y---Cua |
| Y---Cueva | Y---Dalog |
| Y---Dayanghirang | Y---De Jesus |
| Y---Dela Cruz | Y---De Venecia |
| Y---Defensor | Y---Del Mar |
| B---Del Rosario (A.G.)--(Absent) | Y---Del Rosario (A.A.) |
| Y---Deloso-Montalla | B---Dimaporo (A.)--(Absent) |
| B---Dimaporo (I.)--(Absent) | B---Duavit--(Absent) |
| Y---Durano | Y---Dy |
| Y---Echiverri | X---Cerilles |
| Y---Enverga | Y---Erice |
| B---Eriguel--(Absent) | Y---Ermita-Buhain |
| Y---Escudero | Y---Espina |
| X---Estrella | Y---Evardone |
| Y---Fariñas | B---Fernandez--(Absent) |
| B---Ferrer (J.)--(Absent) | Y---Ferrer (L.) |
| Y---Ferriol | Y---Flores |
| Y---Fortun | Y---Fortuno |
| B---Fuentebella--(Absent) | Y---Garay |
| X---Garcia (E.) | Y---Garcia (G.) |
| Y---Garcia-Albano | X---Garin (O.) |
| B---Garin (S.)--(Absent) | X---Gatchalian (S.) |
| Y---Gatchalian (W.) | Y---Geron |
| X---Go (A.C.) | Y---Go (A.F.) |
| Y---Gomez | Y---Gonzales |
| Y---Gonzalez | X---Gorriceta |
| Y---Guanlao | Y---Guiao |
| Y---Gullas | Y---Gunigundo |
| Y---Gutierrez | B---Hagedorn--(Absent) |
| X---Haresco | Y---Hataman-Salliman |
| Y---Hernandez | Y---Hicap |
| B---Hofer--(Absent) | Y---Ilagan |
| Y---Iway | B---Jalosjos--(Absent) |
| B---Javier--(Absent) | Y---Kho |
| Y---Khonghun | X---Labadlabad |
| Y---Lacson-Noel | X---Lagdameo (A.) |
| Y---Lagdameo (M.) | X---Lagman |
| B---Lanete--(Absent) | B---Leachon--(Absent) |
| B---Ledesma--(Absent) | Y---Lee |
| Y---Leonardia | X---Leonen-Pizarro |
| X---Lobregat | B---Loong--(Absent) |
| X---Lopez (C.) | B---Lopez (C.J.)--(Absent) |
| Y---Loyola | B---Macapagal-Arroyo--(Absent) |
| Y---Madrona | Y---Magsaysay |
| Y---Manalo | X---Mangudadatu |
| Y---Marcos | Y---Masongsong |
| Y---Matugas | B---Mellana--(Absent) |
| B---Mendoza (J.)--(Absent) | B---Mendoza (M.)--(Absent) |
| X---Mendoza (R.) | Y---Mercado |
| Y---Mirasol | Y---Montejo |
| Y---Nava (J.) | B---Nava (P.)--(Absent) |
| Y---Noel | X---Nograles |
| X---Macrohon-Nuño | Y---Oaminal |
| B---Ocampo--(Absent) | B---Olivarez--(Absent) |
| Y---Ong | B---Ortega (F.)--(Absent) |
| B---Ortega (V.)--(Absent) | B---Pacquiao--(Absent) |
| Y---Padilla | Y---Paduano |
| X---Paez | Y---Pagdilao |
| Y---Pancho | Y---Panganiban |
| Y---Panotes | Y---Pernes |
| Y---Piamonte | B---Pichay--(Absent) |
| X---Plaza | B---Ponce Enrile--(Absent) |
| X---Primicias-Agabas | Y---Puno |
| Y---Quimbo | Y---Quisumbing |
| Y---Radaza | Y---Ramos |
| Y---Relampagos | Y---Revilla |
| B---Mercado-Revilla--(Absent) | B---Reyes--(Absent) |
| Y---Ridon | X---Rivera |
| Y---Robes | Y---Gerona-Robredo |
| Y---Rodriguez (I.) | Y---Rodriguez (M.) |
| Y---Rodriguez (O.) | Y---Rodriguez (R.) |
| Y---Roman | Y---Romarate |
| Y---Romualdez | B---Romualdo--(Absent) |
| Y---Romulo | Y---Roque |
| Y---Sacdalan | B---Sahali--(Absent) |
| Y---Sakaluran | B---Salimbangon--(Absent) |
| Y---Salvacion | X---Paquiz |
| Y---Santiago | Y---Sarmiento (C.) |
| Y---Sarmiento (M.) | B---Ramirez-Sato--(Absent) |
| B---Sema--(Absent) | B---Señeres--(Absent) |
| Y---Singson (E.) | B---Singson (R.)--(Absent) |
| Y---Suansing | X---Suarez |
| Y---Sy-Alvarado | Y---Tambunting |
| Y---Tan (A.) | X---Tan (M.) |
| B---Tejada--(Absent) | Y---Teodoro |
| Y---Teves | Y---Tiangco |
| X---Tieng | Y---Ting |
| X---Tinio | Y---Tolentino |
| Y---Treñas | Y---Tugna |
| Y---Tupas | Y---Turabin-Hataman |
| X---Ty | X---Umali (C.) |
| B---Umali (R.)--(Absent) | Y---Unabia |
| Y---Ungab | Y---Uy (J.) |
| Y---Uy (R.) | B---Vargas--(Absent) |
| Y---Vargas-Alfonso | B---Velarde--(Absent) |
| Y---Velasco, L. | X---Villanueva |
| Y---Villar | Y---Villarica |
| Y---Violago | Y---Yap (A.) |
| Y---Yap (S.) | Y---Yu |
| B---Zamora (M.)--(Absent) | X---Zamora (R.) |
| B---Zarate--(Absent) | B---Zubiri--(Absent) |
| DATE TRANSMITTED TO THE SENATE: 2015-02-24 | |
| ACTIONS TAKEN BY THE SENATE/HOUSE | |
| DATE RECEIVED BY THE SENATE: 2015-02-24 | |
| DATE PASSED BY THE SENATE: 2016-02-01 | |
| PASSED WITH AMENDMENTS(Y/N)? : Y | |
| DATE HOUSE AGREED TO THE SENATE AMENDMENTS: 2016-05-23 | |
| REMARKS : | |
| ACTIONS TAKEN BY THE PRESIDENT | |
| DATE TRANSMITTED TO THE PRESIDENT : 2016-06-16 | |
| DATE ACTED UPON BY THE PRESIDENT : 2016-07-17 | |
| PRESIDENTIAL ACTION:(A)PPROVED/(V)ETOED/(L)APSED : L | |
| REPUBLIC ACT NO.: RA10870 | |
| ORIGIN : HOUSE | |
| REPUBLIC ACT TITLE: AN ACT REGULATING THE PHILIPPINE CREDIT CARD INDUSTRY |
Senate Legislative History
Entitled: AN ACT REGULATING THE PHILIPPINE CREDIT CARD INDUSTRY [ SECOND REGULAR SESSION, 16TH CONGRESS ] [ 2015 ] Introduced by Representatives SONNY P. COLLANTES, AGAPITO H. GUANLAO, SALVACION "Sally" S. PONCE ENRILE, ROMAN T. ROMULO, MARCELINO R. TEODORO, et.al.; Approved on Third Reading by the House of Representatives on February 23, 2015; 2/24/2015 Sent to the Senate requesting for concurrence; 2/25/2015 Read on First Reading and Referred to the Committee on BANKS, FINANCIAL INSTITUTIONS AND CURRENCIES; [ THIRD REGULAR SESSION ] [ 2016 ] 1/25/2016 Returned and submitted by the Committee on BANKS, FINANCIAL INSTITUTIONS AND CURRENCIES per Committee Report No. 383, recommending its approval with amendments, taking into consideration SBNos. 315, 384, 602, 1312, 1620, 1704, 1714, 1768, 1818, 1920 and 2642; 1/26/2016 Committee Report Calendared for Ordinary Business; 1/26/2016 Sponsor: Senator SERGIO R. OSMENA III; 1/26/2016 Transferred from the Calendar for Ordinary Business to the Calendar for Special Order; 1/26/2016 Sponsorship speech of Senator SERGIO R. OSMENA III; 1/27/2016 Period of interpellation closed; 1/27/2016 Period of committee amendments; 1/27/2016 Period of committee amendments closed; 1/27/2016 Period of individual amendments closed; 1/27/2016 Approved on Second Reading with Amendments; 1/28/2016 Printed Copies were distributed to the Senators; 2/1/2016 Approved on Third Reading; 2/1/2016 In favor: (16) JUAN EDGARDO "SONNY" M. ANGARA, PAOLO BENIGNO "BAM" AQUINO IV, MARIA LOURDES NANCY S. BINAY, PIA S. CAYETANO, FRANKLIN M. DRILON, JOSEPH VICTOR G. EJERCITO, JUAN PONCE ENRILE, FRANCIS "CHIZ" G. ESCUDERO, TEOFISTO "TG" GUINGONA III, GREGORIO B. HONASAN II, LOREN B. LEGARDA, AQUILINO KOKO III L. PIMENTEL, GRACE L. POE, RALPH G. RECTO, VICENTE C. SOTTO III and CYNTHIA A. VILLAR; 2/1/2016 Against: N o n e ; 2/1/2016 Abstention: N o n e ; 2/2/2016 Sent Back to the House of Representatives; 5/26/2016 House of Representatives concurred with the Senate amendments to HBN-5417 on May 23, 2016; 6/14/2016 Enrolled copies of HBN-5417, received by the Senate for the signature of Senate Secretary Yabes and Senate President Drilon; 6/16/2016 Enrolled copies of HBN-5417, sent to the Office of the President of the Philippines through PLLO, for the signature and approval of His Excellency President Benigno S. Aquino III; 6/30/2016 Enacted into Law without Executive Approval Pursuant to the provisions of Section 27(1), Article VI of the Constitution on July 17, 2016, and Became 6/30/2016 REPUBLIC ACT NO. 10870 (Pursuant to paragraph g, Sec. 7, Rule V of the Rules of the Senate, R.A.No. 10870 (HBN-5417) with pertinent documents transmitted to the Legislative Records and Archives Service for safekeeping and preservation on August 9, 2016) (The legislative history/plenary deliberations is prepared by the INDEXING, MONITORING AND LIS SECTION, LEGISLATIVE BILLS AND INDEX SERVICE; The data entry re conducted committee meetings/hearings, conducted technical working group, is prepared by the Committee concerned/Committee Affairs Bureau)
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