Bill Type
Short Title
RESOLUTION AND LIQUIDATION FRAMEWORK FOR BANKS
Text as Filed (File)
Congress Author
Scope
Legislative Status
Legislative Status Date
Session Sequence No.
28
Session Type
Document Certification

Legislative History

House Bill/Resolution NO. HB06020
REPUBLIC ACT NO. RA10846
FULL TITLE : AN ACT ENHANCING THE RESOLUTION AND LIQUIDATION FRAMEWORK FOR BANKS, AMENDING FOR THE PURPOSE REPUBLIC ACT NO. 3591, AS AMENDED, AND OTHER RELATED LAWS
SHORT TITLE : Enhancing The Resolution And Liquidation Framework For Banks, Amending For The Purpose Republic Act No. 3591, As Amended, And Other Related Laws
PRINCIPAL AUTHOR/S : COLLANTES, SONNY P., BICHARA, AL FRANCIS D., RODRIGUEZ, RUFUS B., RODRIGUEZ, MAXIMO JR. B.
DATE FILED : 2015-08-13
SIGNIFICANCE: NATIONAL
NATURE : Economic
CO-AUTHORS :
1. Kho 2. Mercado-Revilla
3. Cortuna 4. Almonte
5. Paez 6. Revilla
7. Villarica 8. Acedillo
9. Tambunting 10. Guanlao
11. Batocabe 12. Co
13. Del Rosario (A.G.) 14. Angping
15. Violago 16. Lanete
COUNTERPART HOUSE BILL/CONCURRENT RESOLUTION: SB02976
ACTIONS TAKEN BY THE COMMITTEE
COMMITTEE REPORT NO. 00831
SUBMITTED ON 2015-08-13
SUBMITTED BY: BANKS AND FINANCIAL INTERMEDIARIES
RECOMMENDATIONS: approval
SUBSTITUTED BILLS: HB04392, HB04891, HB00014, HB01787
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON RULES ON 2015-08-17
DATE INCLUDED IN OB: 2015-08-17
DATE CALENDARED : 2015-08-25
SECOND READING INFORMATION
PERIOD OF SPONSORSHIP : 2015-08-25
SPONSORED BY :  Collantes
DATE APPROVED ON SECOND READING : 2015-08-25
THIRD READING INFORMATION
DATE COPY DISTRIBUTED TO MEMBERS: 2015-09-16
DATE APPROVED BY THE HOUSE ON THIRD READING :2015-09-21
HOUSE VOTES:    YEAS:157     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 Y---Abellanosa
Y---Abu X---Abueg
B---Acedillo--(Absent) B---Acharon--(Absent)
Y---Acop X---Acosta-Alba
X---Adiong X---Advincula
X---Agarao Y---Aggabao
B---Aglipay--(Absent) Y---Agyao
Y---Albano X---Alcala
Y---Alejano Y---Aliping
Y---Almario X---Almonte
Y---Alvarez (F.) B---Alvarez (M.)--(Absent)
X---Amante Y---Amatong (I.)
X---Amatong (R.) B---Andaya--(Absent)
X---Angara-Castillo X---Angping
B---Antonino-Nadres--(Absent) X---Antonio
Y---Apostol Y---Aragones
Y---Arbison X---Arenas
Y---Arnaiz Y---Arroyo
Y---Asilo Y---Atienza
Y---Aumentado Y---Bag-ao
Y---Bagatsing B---Baguilat--(Absent)
Y---Balindong Y---Banal
B---Barcelona-Reyes--(Absent) Y---Barzaga
Y---Bataoil B---Batocabe--(Absent)
B---Bautista--(Absent) X---Bello (S.)
D---Bello (W.)--(N/A) Y---Belmonte (F.)
Y---Belmonte (J.) B---Belmonte (V.)--(Absent)
Y---Benitez B---Bernos--(Absent)
Y---Biazon Y---Bichara
B---Binay--(Absent) B---Biron--(Absent)
Y---Bondoc B---Bonoan--(Absent)
Y---Bravo (A.) Y---Bravo (M.)
Y---Briones Y---Bulut-Begtang
X---Cabilao Y---Cagas
B---Calalay--(Absent) Y---Calixto-Rubiano
B---Caminero--(Absent) Y---Cari
Y---Castelo Y---Castro
Y---Catamco B---Cayetano--(Absent)
Y---Celeste Y---Cerafica
Y---Chipeco X---Co
D---Cojuangco (E.)--(N/A) X---Cojuangco (K.)
X---Collantes Y---Colmenares
Y---Cortuna Y---Cosalan
B---Cruz-Gonzales--(Absent) B---Cua--(Absent)
Y---Cueva Y---Dalog
B---Dayanghirang--(Absent) X---De Jesus
Y---Dela Cruz X---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) X---Duavit
Y---Durano B---Dy--(Absent)
X---Echiverri X---Cerilles
Y---Enverga Y---Erice
B---Eriguel--(Absent) Y---Ermita-Buhain
Y---Escudero Y---Espina
Y---Estrella Y---Evardone
Y---Fariñas X---Fernandez
X---Ferrer (J.) B---Ferrer (L.)--(Absent)
X---Ferriol X---Flores
Y---Fortun Y---Fortuno
B---Fuentebella--(Absent) B---Garay--(Absent)
B---Garcia (E.)--(Absent) X---Garcia (G.)
Y---Garcia-Albano X---Garin (O.)
Y---Garin (S.) Y---Gatchalian (S.)
Y---Gatchalian (W.) Y---Geron
X---Go (A.C.) B---Go (A.F.)--(Absent)
B---Gomez--(Absent) Y---Gonzales
Y---Gonzalez B---Gorriceta--(Absent)
Y---Guanlao Y---Guiao
B---Gullas--(Absent) Y---Gunigundo
Y---Gutierrez X---Hagedorn
X---Haresco B---Hataman-Salliman--(Absent)
B---Hernandez--(Absent) Y---Hicap
X---Hofer Y---Ilagan
Y---Iway B---Jalosjos--(Absent)
B---Javier--(Absent) X---Katoh
X---Kho Y---Khonghun
Y---Labadlabad Y---Lacson-Noel
X---Lagdameo (A.) Y---Lagdameo (M.)
B---Lagman--(Absent) X---Lanete
B---Leachon--(Absent) B---Ledesma--(Absent)
B---Lee--(Absent) Y---Leonardia
Y---Leonen-Pizarro Y---Lobregat
Y---Loong Y---Lopez (C.)
Y---Lopez (C.J.) X---Loyola
B---Macapagal-Arroyo--(Absent) Y---Madrona
X---Magsaysay Y---Manalo
Y---Mangudadatu Y---Marcos
Y---Masongsong B---Matugas--(Absent)
Y---Mellana Y---Mendoza (J.)
Y---Mendoza (M.) Y---Mendoza (R.)
B---Mercado--(Absent) Y---Mirasol
Y---Montejo Y---Nava (J.)
B---Nava (P.)--(Absent) Y---Noel
B---Nograles--(Absent) Y---Macrohon-Nuño
X---Oaminal Y---Ocampo
B---Olivarez--(Absent) X---Ong
Y---Ortega (F.) X---Ortega (V.)
B---Pacquiao--(Absent) Y---Padilla
Y---Paduano Y---Paez
Y---Pagdilao Y---Pancho
X---Panganiban B---Panotes--(Absent)
X---Pernes Y---Piamonte
X---Pichay X---Plaza
X---Ponce Enrile Y---Primicias-Agabas
Y---Puno Y---Quimbo
Y---Quisumbing X---Radaza
Y---Ramos Y---Relampagos
Y---Revilla B---Mercado-Revilla--(Absent)
X---Reyes X---Ridon
X---Rivera Y---Robes
Y---Gerona-Robredo X---Rodriguez (I.)
Y---Rodriguez (M.) Y---Rodriguez (O.)
X---Rodriguez (R.) X---Roman
B---Romarate--(Absent) B---Romualdez--(Absent)
Y---Romualdo Y---Romulo
Y---Roque Y---Sacdalan
B---Sahali--(Absent) X---Sakaluran
Y---Salimbangon Y---Salvacion
Y---Paquiz X---Santiago
Y---Sarmiento (C.) X---Sarmiento (M.)
X---Ramirez-Sato B---Sema--(Absent)
Y---Señeres Y---Singson (E.)
B---Singson (R.)--(Absent) Y---Suansing
X---Suarez Y---Sy-Alvarado
X---Tambunting Y---Tan (A.)
X---Tan (M.) B---Tejada--(Absent)
Y---Teodoro Y---Teves
Y---Tiangco X---Tieng
Y---Ting Y---Tinio
Y---Tolentino Y---Treñas
Y---Tugna Y---Tupas
B---Turabin-Hataman--(Absent) B---Ty--(Absent)
Y---Umali (C.) X---Umali (R.)
Y---Unabia Y---Ungab
X---Uy (J.) Y---Uy (R.)
X---Vargas B---Vargas-Alfonso--(Absent)
X---Velarde D---Velasco, L.A.--(N/A)
Y---Velasco, L. Y---Villanueva
B---Villar--(Absent) Y---Villarica
X---Violago B---Yap (A.)--(Absent)
Y---Yap (S.) Y---Yu
B---Zamora (M.)--(Absent) Y---Zamora (R.)
Y---Zarate X---Zubiri
DATE TRANSMITTED TO THE SENATE:  2015-09-24
ACTIONS TAKEN BY THE SENATE/HOUSE
DATE RECEIVED BY THE SENATE:  2015-09-24
DATE HOUSE ADOPTED SENATE BILL AS AN AMENDMENT TO HOUSE BILL:  2016-01-19
REMARKS : 
ACTIONS TAKEN BY THE PRESIDENT
DATE TRANSMITTED TO THE PRESIDENT : 2016-04-26
DATE ACTED UPON BY THE PRESIDENT : 2016-05-23
PRESIDENTIAL ACTION:(A)PPROVED/(V)ETOED/(L)APSED : A
REPUBLIC ACT NO.: RA10846
ORIGIN : SENATE
REPUBLIC ACT TITLE: AN ACT ENHANCING THE RESOLUTION AND LIQUIDATION FRAMEWORK FOR BANKS, AMENDING FOR THE PURPOSE REPUBLIC ACT NO. 3591, AS AMENDED, AND OTHER RELATED LAWS

Senate Legislative History

Entitled:
AN ACT ENHANCING THE RESOLUTION AND LIQUIDATION FRAMEWORK FOR BANKS, AMENDING FOR THE PURPOSE REPUBLIC ACT NO. 3591, AS AMENDED, AND OTHER RELATED LAWS
[ THIRD REGULAR SESSION, 16TH CONGRESS ]
[ 2015 ]
Introduced by Representatives SONNY P. COLLANTES, AL FRANCIS C. BICHARA, RUFUS B. RODRIGUEZ, MAXIMO JR. B. RODRIGUEZ, ELISA "OLGA" T. KHO and LANI MERCADO-REVILLA;
Approved on Third Reading by the House of Representatives on September 21, 2015;
9/24/2015 Sent to the Senate requesting for concurrence;
9/29/2015 Read on First Reading and Referred to the Committee on BANKS, FINANCIAL INSTITUTIONS AND CURRENCIES;
[ 2016 ]
1/25/2016 House of Representatives adopted SBN-2976 as an amendment to HBN-6020 on January 19, 2016;
4/6/2016 Enrolled copies of SBN-2976 which was adopted as an amendment to HBN-6020, sent to the House of Representatives for the signature of the Speaker and the Secretary General of the House of Representatives;
4/19/2016 Enrolled copies of the consolidated version of SBN-2976 and HBN-6020, received by the Senate, which were signed by the Speaker and the Secretary General of the House of Representatives;
4/26/2016 Enrolled copies of SBN-2976 which was adopted as an amendment to HBN-6020, 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;
5/31/2016 Consolidated with SBN-2976, which was Approved and Signed into Law by the President of the Philippines, His Excellency, President Benigno S. Aquino III on May 23, 2016 and became
5/31/2016 REPUBLIC ACT NO. 10846.
(Pursuant to paragraph g, Sec. 7, Rule V of the Rules of the Senate, R.A.No. 10846 (SBN-2976/HBN-6020) with the pertinent documents transmitted to the Legislative Records and Archives Service for safekeeping and preservation on June 14, 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)

President's Action

Date Received by the President
Date Signed by the President
Disclaimer

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