Bill Type
Long Title
AN ACT PROMOTING ENTREPRENEURSHIP BY MANDATING BANKS TO PROVIDE FIVE PERCENT (5%) OF THEIR LOANABLE FUNDS TO NEW GRADUATES AND FULLTIME STUDENTS, AND FOR OTHER PURPOSES
Congress Author
Date filed
November 4, 2008
Scope

Legislative History

House Bill/Resolution NO. HB05468
FULL TITLE : AN ACT PROMOTING ENTREPRENEURSHIP BY MANDATING BANKS TO PROVIDE FIVE PERCENT (5%) OF THEIR LOANABLE FUNDS TO NEW GRADUATES AND FULLTIME STUDENTS, AND FOR OTHER PURPOSES
SHORT TITLE : College Graduates And Students Entrepreneurship Act
ABSTRACT : Requries all banking institutions, whether government or private, to allot at least five percent (5%) of their loanable funds to graduates and full-time tertiary students.
PRINCIPAL AUTHOR/S : VILLAR, CYNTHIA A.
DATE FILED : 2008-11-04
SIGNIFICANCE: NATIONAL
CO-AUTHORS (Journal Entries) :
1. Abante (028 ) 2. Cari (035 )
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON SMALL BUSINESS & ENTREPRENEURSHIP DEVELOPMENT ON 2008-11-11
SECONDARILY REFERRED TO THE COMMITTEE(S) ON BANKS AND FINANCIAL INTERMEDIARIES

Abstract

Requries all banking institutions, whether government or private, to allot at least five percent (5%) of their loanable funds to graduates and full-time tertiary students.

Disclaimer

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