Bill Type
Congress Name
Long Title
AN ACT ESTABLISHING THE PRE-NEED PLAN CODE OF THE PHILIPPINES
Date filed
July 10, 2001
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. House Bill No. 904, 12th Congress of the Republic | |
| FULL TITLE : AN ACT ESTABLISHING THE PRE-NEED PLAN CODE OF THE PHILIPPINES | |
| ABSTRACT : Rationale: It is the policy of the State to regulate the establishment of pre-need companies and to place their operation on a sound, efficient and stable basis to derive the optimum advantages from them in the mobilization of savings and to preventand mitigate, as far as practicable, practices prejudicial to public interest and the protection of planholders. | |
| PRINCIPAL AUTHOR/S : SUPLICO, ROLEX T. | |
| DATE FILED : 2001-07-10 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS (Journal Entries) : | |
| 1. Chipeco (035 ) | 2. Syjuco (023 ) |
| ADMINISTRATION BILL? No | |
| URGENT BILL? No | |
| ACTIONS TAKEN BY THE COMMITTEE | |
| MOTHER BILL: House Bill No. 5535, 12th Congress of the Republic | |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON BANKS AND FINANCIAL INTERMEDIARIES ON 2001-07-25 |
Abstract
Rationale: It is the policy of the State to regulate the establishment of pre-need companies and to place their operation on a sound, efficient and stable basis to derive the optimum advantages from them in the mobilization of savings and to preventand mitigate, as far as practicable, practices prejudicial to public interest and the protection of planholders.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.