Bill Type
Congress Name
Long Title
AN ACT TO STRENGTHEN THE HOUSING INVESTMENT PORTFOLIO OF THE PAG-IBIG FUND BY AMENDING PRESIDENTIAL DECREE NO. 1752, OTHERWISE KNOWN AS 'THE HOME DEVELOPMENT MUTUAL LAW OF 1980', AS AMENDED, BY PROVIDING FOR THE TWENTY (20)-YEAR CONTINUOUS CONTRIBUTIONS BY ITS MEMBERS, MANDATING GOVERNMENT GUARANTY FOR ITS LOAN BORROWINGS, AND FOR OTHER PURPOSES
Date filed
July 1, 1998
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. HB00007 | |
| FULL TITLE : AN ACT TO STRENGTHEN THE HOUSING INVESTMENT PORTFOLIO OF THE PAG-IBIG FUND BY AMENDING PRESIDENTIAL DECREE NO. 1752, OTHERWISE KNOWN AS 'THE HOME DEVELOPMENT MUTUAL LAW OF 1980', AS AMENDED, BY PROVIDING FOR THE TWENTY (20)-YEAR CONTINUOUS CONTRIBUTIONS BY ITS MEMBERS, MANDATING GOVERNMENT GUARANTY FOR ITS LOAN BORROWINGS, AND FOR OTHER PURPOSES | |
| ABSTRACT : Defines clearly the membership requirement on the "CONTINUOUS" 20-year contributions; assures the Fund of government guaranty on its loans; exempts personnel of the Fund from the provision of the Salary Standardization Law. | |
| PRINCIPAL AUTHOR/S : AUMENTADO, ERICO B. | |
| DATE FILED : 1998-07-01 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS : | |
| 1. | 2. |
| 3. | 4. |
| 5. | 6. |
| ADMINISTRATION BILL? No | |
| URGENT BILL? No | |
| ACTIONS TAKEN BY THE COMMITTEE | |
| MOTHER BILL: HB12422 | |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON GOVERNMENT ENTERPRISES AND PRIVATIZATION ON 1998-07-28 | |
| SECONDARILY REFERRED TO THE COMMITTEE(S) ON WAYS AND MEANS, APPROPRIATIONS |
Abstract
Defines clearly the membership requirement on the "CONTINUOUS" 20-year contributions; assures the Fund of government guaranty on its loans; exempts personnel of the Fund from the provision of the Salary Standardization Law.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.