Bill Type
Long Title
AN ACT TO LIBERALIZE THE OPERATIONS OF RURAL BANKS, AMENDING FOR THAT PURPOSE REPUBLIC ACT 7353, OTHERWISE KNOWN AS THE NEW RURAL BANKS ACT OF 1992, AND FOR OTHER PURPOSES
Congress Author
Date filed
July 2, 1998
Scope
Urgent Bill
No

Legislative History

House Bill/Resolution NO. HB00657
FULL TITLE : AN ACT TO LIBERALIZE THE OPERATIONS OF RURAL BANKS, AMENDING FOR THAT PURPOSE REPUBLIC ACT 7353, OTHERWISE KNOWN AS THE NEW RURAL BANKS ACT OF 1992, AND FOR OTHER PURPOSES
ABSTRACT : Seeks to remedy the issues and problems that arose as a result of the rigid interpretation of RA 7353, the Rural Banks Act of 1992, thereby maximizing the incentives intended to enhance rural banks operation.
PRINCIPAL AUTHOR/S : TEVES, HERMINIO G.
DATE FILED : 1998-07-02
SIGNIFICANCE: NATIONAL
CO-AUTHORS :
1. 2.
3. 4.
5.
ADMINISTRATION BILL? No
URGENT BILL? No
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON BANKS AND FINANCIAL INTERMEDIARIES ON 1998-07-29

Abstract

Seeks to remedy the issues and problems that arose as a result of the rigid interpretation of RA 7353, the Rural Banks Act of 1992, thereby maximizing the incentives intended to enhance rural banks operation.

Disclaimer

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