Bill Type
Short Title
FINANCIAL INSTITUTIONS STRATEGIC TRANSFER (FIST) ACT
Text as Filed (File)
Third Reading Copy link (HRep)
Scope
Legislative Status
Legislative Status Date
Session Sequence No.
67
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
Floor Activity
Floor Activity
Date Parliamentary status Senator(s) 12/15/2020 Sponsorship Speech on the Conference Committee Report Poe, Grace
Legislative History
| House Bill/Resolution NO. HB06816 | |
| REPUBLIC ACT NO. RA11523 | |
| FULL TITLE : AN ACT ENSURING PHILIPPINE FINANCIAL INDUSTRY RESILIENCY AGAINST THE COVID-19 PANDEMIC | |
| SHORT TITLE : " Financial Institutions Strategic Transfer ( F I S T ) Act | |
| PRINCIPAL AUTHOR/S : CUA, JUNIE E., TIANGCO, JOHN REYNALD M., NOLASCO, RAMON JR. C., LUSOTAN, MACNELL, ONG, JOSE "JUN" JR. L., MACEDA, EDWARD VERA PEREZ, TAN, ALYSSA SHEENA P., CAMPOS, LUIS JR. N., ECLEO, ALAN I B., ROMERO, MICHAEL ODYLON L., GONZALES, AURELIO "DONG" JR. D., ROMUALDO, XAVIER JESUS D. | |
| DATE FILED : 2020-05-26 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS (Journal Entries) : | |
| 1. Del Mar (000 2020-05-28) | 2. Legarda (000 2020-05-28) |
| 3. Villafuerte (000 2020-05-28) | 4. Cagas (000 2020-06-02) |
| 5. Cueva (000 2020-06-01) | |
| AUTHORS(Final/Third Reading) : | |
| 1. Cua | 2. Tiangco |
| 3. Nolasco | 4. Lusotan |
| 5. Ong (J.) | 6. Maceda |
| 7. Tan (A.S.) | 8. Campos |
| 9. Ecleo | 10. Romero |
| 11. Gonzales (A.) | 12. Romualdo |
| 13. Del Mar | 14. Legarda |
| 15. Villafuerte | |
| COUNTERPART HOUSE BILL/CONCURRENT RESOLUTION: SB01849 | |
| ACTIONS TAKEN BY THE COMMITTEE | |
| COMMITTEE REPORT NO. 00313 | |
| SUBMITTED ON 2020-05-26 | |
| SUBMITTED BY: DEFEAT COVID-19 AD-HOC COMMITTEE | |
| RECOMMENDATIONS: Recommending its approval in substitution of House Bill No. 6622 | |
| SUBSTITUTED BILLS: HB06622 | |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON RULES ON 2020-05-26 | |
| DATE INCLUDED IN OB: 2020-05-26 | |
| DATE CALENDARED : 2020-05-26 | |
| SECOND READING INFORMATION | |
| PERIOD OF SPONSORSHIP : 2020-05-26, 2020-05-28 | |
| SPONSORED BY : Cua;Cua | |
| PERIOD OF INTERPELLATIONS : 2020-05-26, 2020-05-28 | |
| INTERPELLATED BY : Ruiz Daza, Gaite, Haresco, Zarate, Lagman | |
| DATE SPONSORSHIP/DEBATE CLOSED: 2020-05-28 | |
| PERIOD OF INDIVIDUAL AMENDMENTS : 2020-05-28 | |
| AMENDED BY : Lagman | |
| FINAL LIST OF AUTHORS : Cua, Tiangco, Nolasco, Lusotan, Ong (J.), Maceda, Tan (A.S.), Campos, Ecleo, Romero, Gonzales (A.), Romualdo, Del Mar, Legarda, Villafuerte | |
| DATE APPROVED ON SECOND READING : 2020-05-28 | |
| RECOMMITTED/RECONSIDERED : RECONSIDERED | |
| DATE RECONSIDERED : 2020-05-28 | |
| RECONSIDERED MEASURE APPROVED ON 2020-05-28 | |
| THIRD READING INFORMATION | |
| DATE COPY DISTRIBUTED TO MEMBERS: 2020-05-29 | |
| DATE APPROVED BY THE HOUSE ON THIRD READING :2020-06-02 | |
| THIRD READING TITLE :AN ACT ENSURING PHILIPPINE FINANCIAL INDUSTRY RESILIENCY AGAINST THE COVID-19 PANDEMIC | |
| HOUSE VOTES: YEAS:202 NAYS:6 ABSTAIN:.1 | |
| Voting Details Per Member(Legend:Y-Yes N-No A-Abstain X-Did Not Vote B-Absent D-N/A) | |
| Y---Abante | Y---Abaya |
| Y---Abellanosa | Y---Abu |
| Y---Abueg-Zaldivar | X---Abunda |
| Y---Acop | Y---Acosta |
| Y---Acosta-Alba | X---Adiong |
| X---Advincula | Y---Agabas |
| Y---Agarao | Y---Aglipay |
| Y---Albano (A.) | D---Albano (R.)--(N/A) |
| Y---Vargas Alfonso | Y---Almario |
| Y---Alonte | Y---Alvarez (F.) |
| X---Alvarez (G.) | Y---Alvarez (P.) |
| Y---Amante-Matba | X---Amatong |
| Y---Andaya | Y---Angara |
| Y---Aragones | Y---Arbison |
| X---Arenas | Y---Macapagal Arroyo |
| Y---Arroyo | Y---Atienza |
| Y---Aumentado | Y---Babasa |
| Y---Bagatsing | Y---Bainto-Aguinaldo |
| Y---Balindong | X---Bañas-Nograles |
| Y---Barba | Y---Barbers |
| X---Baronda | X---Barzaga |
| Y---Bascug | Y---Bautista |
| Y---Bautista-Bandigan | Y---Belmonte |
| Y---Benitez | X---Bernos |
| Y---Biazon | Y---Billones |
| X---Biron | Y---Bolilia |
| Y---Bondoc | A---Bordado |
| Y---Bravo | N---Brosas |
| X---Bulut | Y---Bustos |
| Y---Cabatbat | Y---Cabochan |
| Y---Cabredo | Y---Cagas |
| Y---Calderon | X---Calixto |
| X---Caminero | Y---Campos |
| X---Canama | X---Caoagdan |
| D---Cardema--(N/A) | Y---Cari |
| Y---Castelo | N---Castro (F.L.) |
| X---Castro (F.H.) | Y---Cayetano (A.P.) |
| Y---Cayetano (M.L.) | Y---Celeste |
| Y---Chatto | Y---Chipeco |
| Y---Chungalao | Y---Co (A.N.) |
| X---Co (E.) | X---Cojuangco |
| Y---Collantes | X---Crisologo |
| X---Cua | Y---Cuaresma |
| Y---Cueva | N---Cullamat |
| Y---Dagooc | Y---Dalipe |
| Y---Dalog | Y---Datol |
| X---Ruiz Daza | Y---De Jesus |
| X---De Venecia | Y---Defensor (L.) |
| X---Defensor (M.) | Y---Del Mar |
| Y---Delos Santos | Y---Deloso-Montalla |
| Y---Dimaporo (A.) | Y---Dimaporo (M.K.) |
| X---Duavit | X---Dujali |
| Y---Duterte | Y---Dy (F.M.C.) |
| Y---Dy (F.) | X---Dy (I.P.) |
| X---Ebcas | Y---Ecleo |
| N---Elago | Y---Enverga |
| Y---Erice | Y---Eriguel |
| Y---Ermita-Buhain | Y---Escudero |
| Y---Espina | Y---Espino |
| Y---Estrella | Y---Fariñas (R.C.) |
| X---Fariñas I (R.C.) | X---Fernandez |
| X---Fernando | Y---Ferrer (J.M.) |
| X---Ferrer (L.) | X---Flores |
| D---Fongwan--(N/A) | Y---Fortun |
| Y---Fortuno | Y---Frasco |
| X---Fuentebella | N---Gaite |
| X---Garbin | Y---Garcia (J.E.) |
| Y---Garcia (P.J.) | Y---Garcia (V.) |
| X---Garin (J.) | X---Garin (S.) |
| Y---Gasataya | Y---Gatchalian |
| Y---Gato | X---Geron |
| Y---Go (E.C.) | Y---Go (M.) |
| X---Torres-Gomez | X---Gonzaga |
| Y---Gonzales (A.) | Y---Gonzales (N.) |
| Y---Gonzalez | Y---Gorriceta |
| Y---Guico | Y---Gullas |
| X---Guya | X---Haresco |
| X---Hataman | Y---Hernandez |
| Y---Herrera-Dy | Y---Hofer |
| Y---Jalosjos | X---Javier |
| Y---Jimenez | Y---Kho (E.) |
| X---Kho (W.) | X---Khonghun |
| Y---Labadlabad | Y---Lacson |
| X---Lacson-Noel | X---Lagman |
| Y---Lagon | Y---Lara |
| Y---Lazatin | X---Leachon |
| X---Legarda | Y---Lim |
| Y---Limkaichong | Y---Lopez (M.L.) |
| X---Loyola | Y---Lusotan |
| Y---Maceda | X---Madrona |
| Y---Malapitan | X---Mangaoang |
| Y---Mangudadatu | X---Marcoleta |
| Y---Mariano-Hernandez | Y---Mariño |
| Y---Marquez | X---Martinez |
| Y---Matba | Y---Matugas |
| X---Mendoza | X---Mercado |
| Y---Momo | Y---Natividad-Nagaño |
| Y---Nava | Y---Nieto |
| X---Noel | Y---Nograles (J.J.) |
| X---Nograles (J.F.F.) | Y---Nolasco |
| X---Nuñez-Malanyaon | Y---Oaminal |
| Y---Olivarez | Y---Ong (J.) |
| Y---Ong (R.) | D---Ordanes--(N/A) |
| Y---Ortega | Y---Ouano-Dizon |
| X---Pacquiao (A.) | Y---Pacquiao (R.) |
| Y---Padiernos | Y---Paduano |
| Y---Palma | X---Pancho |
| X---Panotes | Y---Peña |
| X---Pichay | Y---Pimentel |
| X---Pineda | Y---Plaza |
| Y---Puno | Y---Quimbo |
| Y---Radaza | Y---Ramirez-Sato |
| X---Ramos | Y---Remulla |
| Y---Revilla | X---Reyes |
| Y---Rivera | Y---Robes |
| Y---Rodriguez | Y---Roman |
| X---Romero | Y---Romualdez (F.M.) |
| Y---Romualdez (Y.M.) | Y---Romualdo |
| Y---Romulo | Y---Roque |
| X---Sacdalan | X---Sagarbarria |
| X---Sakaluran | X---Salceda |
| Y---Salimbangon | Y---Salo |
| Y---Salvador-Tambunting | Y---Sanchez |
| Y---Sangcopan | Y---Santos-Recto |
| Y---Sarmiento | Y---Saulog |
| X---Savellano | Y---Siao |
| Y---Silverio | X---Singson |
| Y---Singson-Meehan | X---Sinsuat |
| Y---Suansing (E.) | Y---Suansing (H.) |
| X---Suarez (A.) | X---Suarez (D.) |
| Y---Suntay | X---Sy-Alvarado |
| Y---Taduran | Y---Tallado |
| X---Tan (A.S.) | Y---Tan (A.) |
| X---Tan (S.) | Y---Tan (S.A.) |
| X---Tan-Tambut | X---Tejada |
| X---Teves (A.) | Y---Teves (J.) |
| Y---Tiangco | Y---Tolentino |
| X---Tulfo | Y---Tupas |
| Y---Tutor | X---Ty (A.) |
| X---Ty (D.) | Y---Umali (A.) |
| Y---Umali (M.V.) | Y---Unabia |
| Y---Ungab | Y---Uy (J.) |
| X---Uy (R.) | Y---Valeriano |
| Y---Valmayor | Y---Vargas |
| Y---Velasco | Y---Veloso |
| X---Vergara | Y---Villa |
| Y---Villafuerte | Y---Villanueva (E.) |
| Y---Villanueva (N.) | Y---Villar |
| Y---Villaraza-Suarez | Y---Villarica |
| X---Violago | X---Yap (E.) |
| Y---Yap (V.) | Y---Yu |
| X---Zamora (R.) | X---Zamora (W.K.) |
| N---Zarate | X---Zubiri |
| DATE TRANSMITTED TO THE SENATE: 2020-06-03 | |
| ACTIONS TAKEN BY THE SENATE/HOUSE | |
| DATE RECEIVED BY THE SENATE: 2020-06-03 | |
| CONFERENCE COMMITTEE INFORMATION | |
| DATE REQUESTED TO FORM A CONFERENCE COMMITTEE : 2020-11-26 | |
| CONFERENCE COMMITTEEE REQUESTED BY : SENATE | |
| DATE CC REQUEST RECEIVED BY THE HOUSE : 2020-12-01 | |
| DATE AGREED TO FORM A CONFERENCE COMMITTEE : 2020-12-02 | |
| REMARKS : | |
| CONCOM MEMBERS(HOUSE) : Cua, Tiangco, Quimbo | |
| CONCOM MEMBERS(SENATE) : Poe, Recto, Drilon | |
| DATE HOUSE RATIFIED CONCOM REPORT : 2020-12-16 | |
| DATE CC MESSAGE RECEIVED BY THE SENATE : 2020-12-17 | |
| DATE SENATE APPROVED CONCOM REPORT : 2020-12-15 | |
| DATE COPIES OF ENROLLED BILL RECEIVED BY THE HOUSE : 2021-01-21 | |
| DATE SIGNED COPIES OF ENROLLED BILL RECEIVED BY THE SENATE : 2021-01-25 | |
| ACTIONS TAKEN BY THE PRESIDENT | |
| DATE TRANSMITTED TO THE PRESIDENT : 2021-01-26 | |
| DATE ACTED UPON BY THE PRESIDENT : 2021-02-16 | |
| PRESIDENTIAL ACTION:(A)PPROVED/(V)ETOED/(L)APSED : A | |
| REPUBLIC ACT NO.: RA11523 | |
| ORIGIN : SENATE | |
| REPUBLIC ACT TITLE: AN ACT ENSURING PHILIPPINE FINANCIAL INDUSTRY RESILIENCY AGAINST THE COVID-19 PANDEMIC |
Senate Legislative History
Entitled: AN ACT ENSURING PHILIPPINE FINANCIAL INDUSTRY RESILIENCY AGAINST THE COVID-19 PANDEMIC [ FIRST REGULAR SESSION, 18TH CONGRESS ] [ 2020 ] Introduced by Representatives JUNIE E. CUA, JOHN REYNALD M. TIANGCO, RAMON C. NOLASCO, et. al.; Approved on Third Reading by the House of Representatives on June 2, 2020; 6/3/2020 Sent to the Senate requesting for concurrence; 6/4/2020 Read on First Reading and Referred to the Committee(s) on BANKS, FINANCIAL INSTITUTIONS AND CURRENCIES and WAYS AND MEANS; 9/1/2020 Conducted COMMITTEE MEETINGS/HEARINGS; 9/24/2020 Returned jointly by the Committees on BANKS, FINANCIAL INSTITUTIONS AND CURRENCIES and WAYS AND MEANS per Committee Report No. 116, recommending that it be considered in SBN-1849; 9/28/2020 Committee Report Calendared for Ordinary Business; 9/28/2020 CONSIDERED IN SBN-1849, UNDER COMMITTEE REPORT NO. 116. 11/26/2020 Senate designated Senators GRACE L. POE, RALPH G. RECTO and FRANKLIN M. DRILON as conferees to the Bicameral Conference Committee on the disagreeing provisions of SBN-1849 and HBN-6816; 12/9/2020 House of Representatives designated Representatives Cua, Tiangco and Quimbo as its conferees to the Bicameral Conference Committee on the disagreeing provisions of SBN-1849 and HBN-6816 on December 2, 2020; 12/14/2020 Conference Committee Report on the disagreeing provisions of SBN-1849 and HBN-6816, submitted to the Senate, recommending that SBN-1849, in consolidation with HBN-6816, be approved in accordance with the attached copy of the bill as reconciled and approved by the conferees 12/15/2020 Sponsorship speech of Senator GRACE POE on the conference committee report; 12/15/2020 Conference Committee Report Approved by the Senate; 12/17/2020 Conference Committee Report Approved by the House of Representatives on December 16, 2020; [ 2021 ] 1/25/2021 Letter for Senate Secretary Myra Marie D. Villarica, returning eight (8) enrolled copies of the consolidated version of SBN-1849 and HBN-6816, which were signed by Speaker Lord Allan Jay Q. Velasco and Secretary General Mark Llandro L. Mendoza; 1/26/2021 Enrolled copies of the consolidated version of SBN-1849 and HBN-6816, sent to the Office of the President of the Philippines through PLLO for the signature and approval of His Excellency, President Rodrigo Roa Duterte; 2/22/2021 Consolidated with SBN-1849, which was Approved and Signed into Law by the President of the Philippines, His Excellency, President Rodrigo Roa Duterte on February 16, 2021 and became 2/22/2021 REPUBLIC ACT NO. 11523.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.