House Bill No. 5948, 13th Congress of the Republic

House Bill/Resolution NO. HB05948
FULL TITLE : AN ACT ESTABLISHING A CREDIT INFORMATION SYSTEM, AND FOR OTHER PURPOSES (Senate designated its conferees on Dec. 14, 2006)
SHORT TITLE : "The Credit Information System Act."
ABSTRACT : “The Credit Information System Act”. The bill proposes the establishment of a central credit bureau to broaden access to credit, especially to small borrowers by reducing reliance on collaterals and facilitating the determination of a borrower’s credit worthiness.
PRINCIPAL AUTHOR/S : ANGARA, JUAN EDGARDO M.
DATE FILED : 2006-11-21
SIGNIFICANCE: NATIONAL
CO-AUTHORS :
1. Crisologo	2. De Venecia
3. Lopez	4. Villafuerte
5. Zialcita	6.
AUTHORS(Final/Third Reading) :
1. Villanueva	2. Uy
3. Amin	4. Codilla
5. Javier	6. Alfelor
7. Lacson	8. Apostol
9. Villarosa	10. Diaz
11. Real	12. Abayon
13. Suarez	14. Pancho
15. Madamba	16. Señeres
17. Cua	18. Petilla
19. Lapus	20. Carmona
21. Duavit	22. Seachon-lanete
23. Dimaporo	24. Umali
25. Roman	26. Dy
27. Aquino	28. Vicencio
29. Mercado	30. Arroyo
31. Puentevella	32. Abante
33. Datumanong	34. Locsin
35. Baculio	36. Enrile
37. Noel	38. Asistio
39. Santiago	40. Marcos
41. Agbayani	42. Espinosa
43. Salapuddin	44. Nograles
45. Escudero	46. Defensor
47. De Guzman	48. Fuentebella
49. Castro	50. Gullas
51. Lagman	52. Cerilles
53. Garcia	54. Gozos
55. Bueser	56. Cayetano
57. Suplico	58. Plaza
59. Antonino-custodio	60. Malapitan
61. Serapio	62. Aquino
63. Chipeco	64. Barbers
65. Golez
DATE CERTIFIED AS URGENT:2006-12-06
URGENT BILL? Yes
DATE CERTIFIED AS URGENT:2006-12-06
COUNTERPART HOUSE BILL/CONCURRENT RESOLUTION: SB01936
ACTIONS TAKEN BY THE COMMITTEE
COMMITTEE REPORT NO. 02070
SUBMITTED ON 2006-11-21
SUBMITTED BY: BANKS AND FINANCIAL INTERMEDIARIES
RECOMMENDATIONS: approval
SUBSTITUTED BILLS: HB03819, HB04356
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON RULES ON 2006-11-21
DATE INCLUDED IN OB: 2006-11-21
DATE CALENDARED : 2006-11-21
SECOND READING INFORMATION
PERIOD OF COMMITTEE AMENDMENTS : 2006-11-28
FINAL LIST OF AUTHORS : Villanueva, Uy, Amin, Codilla, Javier, Alfelor, Lacson, Apostol, Villarosa, Diaz, Real, Abayon, Suarez, Pancho, Madamba, Señeres, Cua, Petilla, Lapus, Carmona, Duavit, Seachon-lanete, Dimaporo, Umali, Roman, Dy, Aquino, Vicencio, Mercado, Arroyo, Puentevella, Abante, Datumanong, Locsin, Baculio, Enrile, Noel, Asistio, Santiago, Marcos, Agbayani, Espinosa, Salapuddin, Nograles, Escudero, Defensor, De Guzman, Fuentebella, Castro, Gullas, Lagman, Cerilles, Garcia, Gozos, Bueser, Cayetano, Suplico, Plaza, Antonino-custodio, Malapitan, Serapio, Aquino, Chipeco, Barbers, Golez
DATE APPROVED ON SECOND READING : 2006-11-28
RECOMMITTED/RECONSIDERED : RECONSIDERED
DATE RECONSIDERED : 2006-11-28
REASONS : To introduce further amendment.
RECONSIDERED MEASURE APPROVED ON 2006-11-28
REMARKS : On Nov. 28, 2006, the Body approved to consider the Explanatory Note of the Bill as the sponsirship remarks on the measure.
THIRD READING INFORMATION
DATE COPY DISTRIBUTED TO MEMBERS: 2006-12-04
DATE APPROVED BY THE HOUSE ON THIRD READING :2006-12-20
HOUSE VOTES: YEAS:153 NAYS:0 ABSTAIN:.0
DATE TRANSMITTED TO THE SENATE: 2007-01-24
ACTIONS TAKEN BY THE SENATE/HOUSE
DATE RECEIVED BY THE SENATE: 2007-01-24
CONFERENCE COMMITTEE INFORMATION
DATE REQUESTED TO FORM A CONFERENCE COMMITTEE : 2006-12-14
CONFERENCE COMMITTEEE REQUESTED BY : SENATE
DATE AGREED TO FORM A CONFERENCE COMMITTEE : 2007-01-22
REMARKS : On Dec. 14, 2006, the Senate designated Senators Angara, Ponce Enrile, Drilon, Magsaysay, Jr. and Lim as conferees to the Bicameral Conference Ctte. on HB05948 and SB01936.
CONCOM MEMBERS(HOUSE) : Lopez, Lacson, Villafuerte, Javier, Diaz, Villarosa, Angara, Crisologo, Noel, Antonino-custodio, Suplico
CONCOM MEMBERS(SENATE) : Angara, Enrile, Drilon, Magsaysay, Lim, Osmeña

Senate Legislative History

Entitled:

AN ACT ESTABLISHING A CREDIT INFORMATION SYSTEM AND FOR OTHER PURPOSES

[ THIRD REGULAR SESSION, 13TH CONGRESS ]

[ 2006 ]

12/14/2006 Senate requested the House of Representatives for a conference on the disagreeing provisions of SBN-1936 and HBN-5948, and designating Senators Angara, Enrile, Drilon, Magsaysay, Jr. and Lim as conferees to the Bicameral Conference Committee;

[ 2007 ]

1/24/2007 Filed in the Senate requesting for concurrence by Representives JUAN EDGARDO M. ANGARA, VINCENT "BINGBONG" P. CRISOLOGO, JOSE DE VENECIA, JR., et. al.;

1/24/2007 House of Representatives agreed to a conference on the disagreeing provisions of SBN-1936 and HBN-5948, and has designated Representatives Lopez, Lacson, Villafuerte, Javier, Diaz, Villarosa, Angara, Crisologo, Noel, and Custodio as its conferees to the Bicameral Conference Committee on January 22, 2007;

1/29/2007 Read on First Reading and referred to the Committee on RULES;

1/29/2007 House of Representatives designated Representative Suplico as additional conferee;
(See O.B. Session No. 62, dated February 5, 2007);

1/31/2007 Senator Osmena III was designated as additional conferee on the disagreeing provisions of HBN-5948 and SBN-1936;

“The Credit Information System Act”. The bill proposes the establishment of a central credit bureau to broaden access to credit, especially to small borrowers by reducing reliance on collaterals and facilitating the determination of a borrower’s credit worthiness.'

Disclaimer

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

Search

Committee Details

Legislative History

Senate Legislative History

Abstract

Entitled:
AN ACT ESTABLISHING A CREDIT INFORMATION SYSTEM AND FOR OTHER PURPOSES
[ THIRD REGULAR SESSION, 13TH CONGRESS ]
[ 2006 ]
12/14/2006	Senate requested the House of Representatives for a conference on the disagreeing provisions of SBN-1936 and HBN-5948, and designating Senators Angara, Enrile, Drilon, Magsaysay, Jr. and Lim as conferees to the Bicameral Conference Committee;
[ 2007 ]
1/24/2007	Filed in the Senate requesting for concurrence by Representives JUAN EDGARDO M. ANGARA, VINCENT "BINGBONG" P. CRISOLOGO, JOSE DE VENECIA, JR., et. al.;
1/24/2007	House of Representatives agreed to a conference on the disagreeing provisions of SBN-1936 and HBN-5948, and has designated Representatives Lopez, Lacson, Villafuerte, Javier, Diaz, Villarosa, Angara, Crisologo, Noel, and Custodio as its conferees to the Bicameral Conference Committee on January 22, 2007;
1/29/2007	Read on First Reading and referred to the Committee on RULES;
1/29/2007	House of Representatives designated Representative Suplico as additional conferee; (See O.B. Session No. 62, dated February 5, 2007);
1/31/2007	Senator Osmena III was designated as additional conferee on the disagreeing provisions of HBN-5948 and SBN-1936;