Bill Type
Short Title
CORPORATE VIABILITY OF THE BANGKO SENTRAL NG PILIPINAS
Text as Filed (File)
Third Reading Copy link (HRep)
Scope
Legislative Status
Legislative Status Date
Session Sequence No.
7
Session Type
Document Certification
All Information (Senate Website)
Legislative History (Senate Website)
Committee Referral (Senate Website)
Floor Activity (Senate Website)
Committee Details
House Committee Report link
Legislative History
| House Bill/Resolution NO. HB07742 | |
| REPUBLIC ACT NO. RA11211 | |
| FULL TITLE : AN ACT REINFORCING THE CORPORATE VIABILITY OF THE BANGKO SENTRAL NG PILIPINAS, STRENGTHENING ITS MONETARY AND FINANCIAL STABILITY FUNCTIONS AND ENHANCING ITS REGULATORY POWERS, AMENDING FOR THE PURPOSE REPUBLIC ACT NO. 7653, OTHERWISE KNOWN AS 'THE NEW CENTRAL BANK ACT' | |
| SHORT TITLE : Reinforcing The Corporate Viability Of The Bangko Sentral Ng Pilipinas, Strengthening Its Monetary And Financial Stability Functions And Enhancing Its Regulatory Powers | |
| PRINCIPAL AUTHOR/S : NOGRALES, KARLO ALEXEI B., NOGRALES, JERICHO JONAS B., COLLANTES, MARIA THERESA V., OAMINAL, HENRY S., EVARDONE, BEN P., MACAPAGAL ARROYO, GLORIA, TAMBUNTING, GUS S., ONG, HENRY C., ALMONTE, JORGE T., LIMKAICHONG, JOCELYN SY, FERRER, JULIET MARIE D., SALON, ORESTES T., CORTUNA, JULIETA R., TURABIN-HATAMAN, SITTI DJALIA A., CAMINERO, WILFREDO S., VILLARIN, TOM S., ZAMORA, MARIA CARMEN S., SANDOVAL, FEDERICO "RICKY" II S., LOBREGAT, CELSO L., SUANSING, ESTRELLITA B., RELAMPAGOS, RENE L., ROQUE, ROGELIO NEIL P., VERGARA, ROSANNA "RIA" V., CALIXTO-RUBIANO, EMI G., AMATONG, ISAGANI S., SACDALAN, JESUS NONATO, TEJADA, JOSE "PING-PING" I., DE VERA, EUGENE MICHAEL B. | |
| DATE FILED : 2018-05-21 | |
| SIGNIFICANCE: NATIONAL | |
| AUTHORS(Final/Third Reading) : | |
| 1. Nograles (K.A.) | 2. Nograles (J.J.) |
| 3. Collantes | 4. Oaminal |
| 5. Evardone | 6. Macapagal Arroyo |
| 7. Tambunting | 8. Ong (H.) |
| 9. Almonte | 10. Limkaichong |
| 11. Ferrer J. | 12. Salon |
| 13. Cortuna | 14. Turabin-Hataman |
| 15. Caminero | 16. Villarin |
| 17. Zamora (M.C.) | 18. Sandoval |
| 19. Lobregat | 20. Suansing (E.) |
| 21. Relampagos | 22. Roque (R.N.) |
| 23. Vergara | 24. Calixto-Rubiano |
| 25. Amatong (I.) | 26. Sacdalan |
| 27. Tejada | 28. De Vera |
| 29. Primicias-Agabas | 30. Sangcopan |
| 31. Marcoleta | 32. Bravo (M.) |
| 33. Chipeco | 34. Nieto |
| 35. Silverio | 36. Belmonte (R.) |
| 37. Zarate | 38. Romero |
| 39. Sy-Alvarado | 40. Noel |
| COUNTERPART HOUSE BILL/CONCURRENT RESOLUTION: SB01297 | |
| ACTIONS TAKEN BY THE COMMITTEE | |
| COMMITEE HEARINGS/ACTIONS: | |
| 1. Committee Report filed on 2018-05-21 | |
| COMMITTEE REPORT NO. 00741 | |
| SUBMITTED ON 2018-05-21 | |
| SUBMITTED BY: BANKS AND FINANCIAL INTERMEDIARIES | |
| RECOMMENDATIONS: approval without amendment in substitution of HB No. 7296 earlier submitted under Committee Report No. 637 | |
| SUBSTITUTED BILLS: HB07296 | |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON RULES ON 2018-05-21 | |
| DATE INCLUDED IN OB: 2018-05-21 | |
| DATE CALENDARED : 2018-05-22 | |
| SECOND READING INFORMATION | |
| PERIOD OF SPONSORSHIP : 2018-05-23, 2018-05-28 | |
| SPONSORED BY : Evardone;Evardone | |
| PERIOD OF INTERPELLATIONS : 2018-05-23, 2018-05-28 | |
| INTERPELLATED BY : Lagman, Lagman | |
| DATE SPONSORSHIP/DEBATE CLOSED: 2018-05-28 | |
| FINAL LIST OF AUTHORS : Nograles (K.A.), Nograles (J.J.), Collantes, Oaminal, Evardone, Macapagal Arroyo, Tambunting, Ong (H.), Almonte, Limkaichong, Ferrer J., Salon, Cortuna, Turabin-Hataman, Caminero, Villarin, Zamora (M.C.), Sandoval, Lobregat, Suansing (E.), Relampagos, Roque (R.N.), Vergara, Calixto-Rubiano, Amatong (I.), Sacdalan, Tejada, De Vera, Primicias-Agabas, Sangcopan, Marcoleta, Bravo (M.), Chipeco, Nieto, Silverio, Belmonte (R.), Zarate, Romero, Sy-Alvarado, Noel | |
| DATE APPROVED ON SECOND READING : 2018-05-28 | |
| THIRD READING INFORMATION | |
| DATE COPY DISTRIBUTED TO MEMBERS: 2018-07-18 | |
| DATE APPROVED BY THE HOUSE ON THIRD READING :2018-07-31 | |
| HOUSE VOTES: YEAS:219 NAYS:0 ABSTAIN:.0 | |
| Voting Details Per Member(Legend:Y-Yes N-No A-Abstain X-Did Not Vote B-Absent D-N/A) | |
| D---Abad--(N/A) | B---Abaya--(Absent) |
| Y---Abayon | Y---Abellanosa |
| Y---Abu | Y---Abueg |
| Y---Acharon | Y---Acop |
| B---Acosta--(Absent) | Y---Acosta-Alba |
| Y---Adiong | Y---Advincula |
| B---Agarao--(Absent) | Y---Aggabao |
| B---Aglipay-Villar--(Absent) | D---Akbar--(N/A) |
| Y---Albano | B---Alcala--(Absent) |
| Y---Alejano | Y---Almario |
| Y---Almonte | Y---Alonte |
| Y---Alvarez (F.) | Y---Alvarez (M.) |
| B---Alvarez (P.)--(Absent) | X---Amante |
| Y---Amatong (I.) | Y---Andaya |
| B---Angara-Castillo--(Absent) | Y---Antonino |
| B---Antonio--(Absent) | Y---Aragones |
| Y---Arbison | B---Arcillas--(Absent) |
| Y---Arenas | Y---Atienza |
| X---Aumentado | Y---Bag-ao |
| Y---Bagatsing | Y---Baguilat |
| Y---Banal | Y---Barbers |
| Y---Barzaga | Y---Bataoil |
| Y---Batocabe | Y---Bautista-Bandigan |
| Y---Belaro | Y---Belmonte (F.) |
| Y---Belmonte (J.C.) | Y---Belmonte (R.) |
| Y---Benitez | X---Bernos |
| Y---Bertiz | Y---Biazon |
| Y---Billones | Y---Biron |
| Y---Bolilia | Y---Bondoc |
| Y---Bordado | Y---Bravo (A.) |
| Y---Bravo (M.) | B---Brosas--(Absent) |
| Y---Bulut-Begtang | Y---Cagas |
| B---Calalang--(Absent) | Y---Calderon |
| Y---Calixto-Rubiano | Y---Caminero |
| Y---Campos | Y---Canama |
| Y---Cari | Y---Casilao |
| X---Castelo | Y---Castro (F.L.) |
| X---Castro (F.H.) | B---Catamco--(Absent) |
| Y---Cayetano | X---Celeste |
| Y---Cerafica | Y---Cerilles Enerio |
| Y---Chavez | Y---Chipeco |
| B---Co--(Absent) | B---Cojuangco--(Absent) |
| Y---Collantes | Y---Cortes |
| Y---Cortuna | B---Cosalan--(Absent) |
| X---Crisologo | X---Cua |
| Y---Cuaresma | Y---Cueva |
| Y---Dalipe | D---Dalog--(N/A) |
| Y---Datol | Y---Daza |
| Y---De Jesus | B---De Venecia--(Absent) |
| Y---De Vera | Y---Defensor |
| Y---Del Mar | B---Del Rosario--(Absent) |
| Y---Deloso-Montalla | Y---Dimaporo (A.) |
| Y---Dimaporo (M.K.) | B---Duavit--(Absent) |
| Y---Durano | Y---Dy |
| Y---Elago | Y---Enverga |
| Y---Erice | Y---Eriguel |
| Y---Ermita-Buhain | B---Escudero--(Absent) |
| Y---Espina | Y---Espino |
| X---Estrella | Y---Eusebio |
| Y---Evardone | Y---Fariñas |
| Y---Fernando | Y---Ferrer J. |
| Y---Ferrer L. | B---Ferriol-Pascual--(Absent) |
| B---Floirendo--(Absent) | Y---Flores |
| Y---Fortun | Y---Fortuno |
| B---Fuentebella--(Absent) | Y---Garbin |
| B---Garcia (G.)--(Absent) | Y---Garcia (J.E.) |
| B---Garcia-Albano--(Absent) | Y---Garin (O.) |
| Y---Garin (S.) | Y---Gasataya |
| B---Gatchalian--(Absent) | Y---Geron |
| Y---Go (A.C.) | Y---Go (M.) |
| Y---Gomez | B---Gonzaga--(Absent) |
| Y---Gonzales (A.P.) | Y---Gonzales (A.D.) |
| Y---Gonzalez | B---Gorriceta--(Absent) |
| B---Gullas--(Absent) | Y---Hernandez (F.) |
| D---Hernandez (P.)--(N/A) | Y---Herrera-Dy |
| Y---Hofer | Y---Jalosjos |
| B---Javier--(Absent) | Y---Kho |
| Y---Khonghun | Y---Labadlabad |
| Y---Lacson | Y---Lagman |
| Y---Lanete | X---Laogan |
| Y---Lazatin | Y---Leachon |
| Y---Lee | B---Limkaichong--(Absent) |
| Y---Lobregat | Y---Lopez (B.) |
| X---Lopez (C.) | Y---Lopez (M.L.) |
| B---Loyola--(Absent) | B---Macapagal Arroyo--(Absent) |
| Y---Maceda | Y---Madrona |
| Y---Aquino-Magsaysay | Y---Nuñez-Malanyaon |
| Y---Malapitan | Y---Manalo |
| B---Mangaoang--(Absent) | B---Mangudadatu (S.)--(Absent) |
| X---Mangudadatu (Z.) | Y---Marcoleta |
| Y---Marcos | Y---Mariño |
| Y---Marquez | Y---Martinez |
| Y---Matugas | B---Mellana--(Absent) |
| B---Mending--(Absent) | B---Mendoza--(Absent) |
| Y---Mercado | Y---Mirasol |
| Y---Montoro | B---Nava--(Absent) |
| Y---Nieto | Y---Noel |
| B---Nograles (J.J.)--(Absent) | Y---Nograles (K.A.) |
| Y---Nolasco | Y---Oaminal |
| Y---Ocampo | Y---Olivarez |
| Y---Ong (H.) | Y---Ong (E.) |
| Y---Ortega (P.) | Y---Ortega (V.N.) |
| Y---Pacquiao | B---Paduano--(Absent) |
| Y---Palma | Y---Pancho |
| Y---Panganiban | Y---Panotes |
| Y---Papandayan | Y---Pichay |
| Y---Pimentel | B---Pineda--(Absent) |
| B---Plaza--(Absent) | Y---Primicias-Agabas |
| Y---Roa-Puno | Y---Quimbo |
| B---Radaza--(Absent) | Y---Ramirez-Sato |
| B---Ramos--(Absent) | Y---Relampagos |
| B---Revilla--(Absent) | Y---Robes |
| Y---Rocamora | Y---Rodriguez (I.) |
| Y---Rodriguez (M.) | B---Roman--(Absent) |
| Y---Romero | Y---Romualdez |
| Y---Romualdo | D---Roque (H.)--(N/A) |
| Y---Roque (R.N.) | Y---Sacdalan |
| Y---Sagarbarria | Y---Sahali |
| Y---Salceda | Y---Salimbangon |
| Y---Salo | Y---Salon |
| Y---Sambar | Y---Sandoval |
| X---Sangcopan | B---Santos-Recto--(Absent) |
| Y---Sarmiento (C.) | Y---Sarmiento (E.M.) |
| Y---Savellano | Y---Sema |
| Y---Siao | Y---Silverio |
| Y---Singson (E.) | Y---Suansing (E.) |
| Y---Suansing (H.) | Y---Suarez |
| Y---Sy-Alvarado | Y---Tambunting |
| Y---Tan (A.) | B---Tan (M.)--(Absent) |
| X---Tan (S.) | Y---Tejada |
| Y---Teves | B---Tiangco--(Absent) |
| B---Ting--(Absent) | Y---Tinio |
| Y---Tolentino | Y---Treñas |
| B---Tugna--(Absent) | Y---Tupas |
| D---Turabin-Hataman--(N/A) | Y---Ty |
| X---Umali | Y---Unabia |
| B---Ungab--(Absent) | Y---Unico |
| B---Uy (J.)--(Absent) | X---Uy (R.) |
| Y---Uybarreta | B---Vargas--(Absent) |
| B---Vargas-Alfonso--(Absent) | Y---Velarde |
| Y---Velasco, L.A. | Y---Velasco-Catera |
| Y---Veloso | Y---Vergara |
| Y---Villafuerte | Y---Villanueva |
| D---Villar--(N/A) | B---Villaraza-Suarez--(Absent) |
| Y---Villarica | Y---Villarin |
| Y---Violago | Y---Yap (A.) |
| Y---Yap (M.) | X---Yap (V.) |
| Y---Yu | Y---Zamora (M.C.) |
| Y---Zamora (R.) | Y---Zarate |
| Y---Zubiri | --- |
| DATE TRANSMITTED TO THE SENATE: 2018-08-02 | |
| ACTIONS TAKEN BY THE SENATE/HOUSE | |
| DATE RECEIVED BY THE SENATE: 2018-08-02 | |
| CONFERENCE COMMITTEE INFORMATION | |
| DATE REQUESTED TO FORM A CONFERENCE COMMITTEE : 2018-11-19 | |
| CONFERENCE COMMITTEEE REQUESTED BY : SENATE | |
| DATE CC REQUEST RECEIVED BY THE HOUSE : 2018-11-26 | |
| DATE AGREED TO FORM A CONFERENCE COMMITTEE : 2018-11-27 | |
| REMARKS : | |
| CONCOM MEMBERS(HOUSE) : Ong (H.), Evardone, Ortega (P.), Revilla, Almonte, Tejada, Sy-Alvarado, Lanete, Siao, Salon, Gullas, Matugas, Aumentado, Abayon, Tupas | |
| CONCOM MEMBERS(SENATE) : Escudero, Recto, Villar, Drilon | |
| DATE HOUSE RATIFIED CONCOM REPORT : 2018-11-27 | |
| DATE SENATE APPROVED CONCOM REPORT : 2018-11-28 | |
| DATE COPIES OF ENROLLED BILL RECEIVED BY THE SENATE : 2019-01-07 | |
| DATE SIGNED COPIES OF ENROLLED BILL RECEIVED BY THE HOUSE : 2019-01-15 | |
| ACTIONS TAKEN BY THE PRESIDENT | |
| DATE TRANSMITTED TO THE PRESIDENT : 2019-01-16 | |
| DATE ACTED UPON BY THE PRESIDENT : 2019-02-14 | |
| PRESIDENTIAL ACTION:(A)PPROVED/(V)ETOED/(L)APSED : A | |
| REPUBLIC ACT NO.: RA11211 | |
| ORIGIN : HOUSE | |
| REPUBLIC ACT TITLE: AN ACT AMENDING REPUBLIC ACT NUMBER 7653, OTHERWISE KNOWN AS "THE NEW CENTRAL BANK ACT", AND FOR OTHER PURPOSES |
Senate Legislative History
Entitled: AN ACT REINFORCING THE CORPORATE VIABILITY OF THE BANGKO SENTRAL NG PILIPINAS, STRENGTHENING ITS MONETARY AND FINANCIAL STABILITY FUNCTIONS AND ENHANCING ITS REGULATORY POWERS, AMENDING FOR THE PURPOSE REPUBLIC ACT NO. 7653, OTHERWISE KNOWN AS 'THE NEW CENTRAL BANK ACT' [ THIRD REGULAR SESSION, 17TH CONGRESS ] [ 2018 ] Introduced by Representatives KARLO ALEXEI B. NOGRALES, JERICHO JONAS B. NOGRALES, MA. THERESA V. COLLANTES, HENRY S. OAMINAL, et. al.; Approved on Third Reading by the House of Representatives on July 31, 2018; 8/2/2018 Sent to the Senate requesting for concurrence; 8/6/2018 Read on First Reading and Referred to the Committee(s) on BANKS, FINANCIAL INSTITUTIONS AND CURRENCIES and WAYS AND MEANS; 11/19/2018 Senate requested the House of Representatives for a conference on the disagreeing provisions of SBN-1297 and HBN-7742, designating Senators Escudero, Recto, Villar and Drilon as its conferees to the Bicameral Conference Committee; 11/28/2018 House of Representatives designated Representatives Ong, Evardone, Ortega, Revilla, Almonte, Tejada, Sy-Alvarado, Lanete, Siao, Salon, Gullas, Jr., Matugas II, Aumentado, Abayon III and Tupas as its conferees to the Bicameral Conference Committee on the disagreeing provisions of HBN-7742 and SBN-1297 on November 27, 2018; (See: O.B. dated December 3, 2018) 11/28/2018 Conference Committee Report on the disagreeing provisions of SBN-1297 and HBN-7742, submitted to the Senate, recommending that SBN-1297, in consolidation with HBN-7742, be approved in accordance with the attached copy of the bill as reconciled and approved by the conferees; 11/28/2018 Sponsorship speech on the conference committee report of Senator FRANCIS "CHIZ" G. ESCUDERO; 11/28/2018 Conference Committee Report Approved by the Senate; 12/3/2018 Conference Committee Report Approved by the House of Representatives on November 27, 2018; [ 2019 ] 1/7/2019 Letter from Acting Secretary General Dante Roberto P. Maling, dated January 7, 2019, transmitting nine (9) enrolled copies of the consolidated version of HBN-7742 and SBN-1297, for the signature of Senate Secretary Myra Marie D. Villarica and Senate President Vicente C. Sotto III; 1/15/2019 Letter for Speaker Gloria Macapagal-Arroyo, dated January 10, 2019, returning eight (8) enrolled copies of the consolidated version of HBN-7742 and SBN-1297, which were signed by Senate Secretary Myra Marie D. Villarica and Senate President Vicente C. Sotto III; 1/16/2019 (Enrolled copies of the consolidated version of HBN-7742 and SBN-1297, sent to the Office of the President of the Philippines by the House of Representatives; Source: HoR Website) FINAL TITLE: AN ACT AMENDING REPUBLIC ACT NUMBER 7653, OTHERWISE KNOWN AS "THE NEW CENTRAL BANK ACT", AND FOR OTHER PURPOSES. 5/20/2019 Approved and signed into law by the President of the Philippines, His Excellency, President Rodrigo Roa Duterte on February 14, 2019 and became 5/20/2019 REPUBLIC ACT NO. 11211. (Pursuant to paragraph g, Sec. 7, Rule V of the Rules of the Senate, R.A.No. 11211 (HBN-7742) with the pertinent documents transmitted to the Legislative Records and Archives Service for safekeeping and preservation on May 28, 2019) (The legislative history/plenary deliberations is prepared by the INDEXING, MONITORING AND LIS SECTION, LEGISLATIVE BILLS AND INDEX SERVICE; The data entry on committee meetings is prepared by the Committee Affairs Bureau)
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.