Bill Type
Short Title
AMENDING REPUBLIC ACT NO. 8762 (THE RETAIL TRADE LIBERALIZATION ACT OF 2000)
Text as Filed (File)
Third Reading Copy link (HRep)
Scope
Legislative Status
Legislative Status Date
Session Sequence No.
56
Session Type
Document Certification
All Information (Senate Website)
Legislative History (Senate Website)
Committee Referral (Senate Website)
Committee Details
House Committee Report link
Legislative History
| House Bill/Resolution NO. HB09057 | |
| FULL TITLE : AN ACT SETTING THE MINIMUM PAID UP CAPITAL AND LOCALLY PRODUCED STOCK INVENTORY REQUIREMENTS FOR FOREIGN RETAIL BUSINESS ENTERPRISES, AMENDING FOR THE PURPOSE REPUBLIC SCT NO. 8762, OTHERWISE KNOWN AS THE RETAIL TRADE LIBERALIZATION ACT | |
| SHORT TITLE : Setting The Minimum Paid-up Capital And Locally Produced Stock Inventory Requirements For Foreign Retail Business Enterprises | |
| PRINCIPAL AUTHOR/S : YAP, ARTHUR C., NIETO, JOHN MARVIN "YUL SERVO" C., BIRON, FERJENEL G. M.D., ROMUALDO, XAVIER JESUS D., SILVERIO, LORNA C., VERGARA, ROSANNA "RIA" V., ZUBIRI, MANUEL F., TAN, MILAGROSA "MILA" T., RODRIGUEZ, MAXIMO JR.B., TRE�AS, JERRY P., ALVAREZ, FRANZ E., TAMBUNTING, GUS S., RELAMPAGOS, RENE L., DAZA, RAUL A., LIMKAICHONG, JOCELYN SY, ACOSTA-ALBA, MARIA LOURDES, GO, MARK O., SAVELLANO, DEOGRACIAS VICTOR B., LOPEZ, CARLO V., UY, JULIETTE T., GARCIA, JOSE ENRIQUE III S., ABAYA, FRANCIS GERALD A., CANAMA, SABINIANO S., EVARDONE, BEN P., JAVIER, PAOLO EVERARDO S., CAGAS, MERCEDES "DIDI" C., JALOSJOS, SETH FREDERICK P., MONTORO, TEODORO "TED" G., ROMUALDEZ, YEDDA MARIE K., RODRIGUEZ, ISIDRO JR. S., DURANO, RAMON "RED" VI H., ONG, HENRY C., SAGARBARRIA, MANUEL, LAOGAN, DENNIS C., DUAVIT, JOHN MICHAEL R., DIMAPORO, ABDULLAH D., MARCOLETA, RODANTE D., TUPAS, RAUL "BOBOY" C., MENDOZA, RAYMUND DEMOCRITO C., BELMONTE, RICARDO "RJ" JR. T., ARCILLAS, ARLENE B., CHAVEZ, CECILIA LEONILA V., EUSEBIO, RICHARD C. | |
| DATE FILED : 2019-02-07 | |
| SIGNIFICANCE: NATIONAL | |
| AUTHORS(Final/Third Reading) : | |
| 1. Yap (A.) | 2. Nieto |
| 3. Biron | 4. Romualdo |
| 5. Silverio | 6. Vergara |
| 7. Zubiri | 8. Tan (M.) |
| 9. Rodriguez (M.) | 10. Treñas |
| 11. Alvarez (F.) | 12. Tambunting |
| 13. Relampagos | 14. Daza |
| 15. Limkaichong | 16. Acosta-Alba |
| 17. Go (M.) | 18. Savellano |
| 19. Lopez (C.) | 20. Uy (J.) |
| 21. Garcia (J.E.) | 22. Abaya |
| 23. Canama | 24. Evardone |
| 25. Javier | 26. Cagas |
| 27. Jalosjos | 28. Montoro |
| 29. Romualdez | 30. Rodriguez (I.) |
| 31. Durano | 32. Ong (H.) |
| 33. Sagarbarria | 34. Laogan |
| 35. Duavit | 36. Dimaporo (A.) |
| 37. Marcoleta | 38. Tupas |
| 39. Mendoza | 40. Belmonte (R.) |
| 41. Arcillas | 42. Chavez |
| 43. Eusebio | |
| ACTIONS TAKEN BY THE COMMITTEE | |
| COMMITTEE REPORT NO. 01215 | |
| SUBMITTED ON 2019-02-07 | |
| SUBMITTED BY: TRADE AND INDUSTRY | |
| RECOMMENDATIONS: Approval in substitution of House Bill Number 4595 | |
| SUBSTITUTED BILLS: HB04595 | |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON RULES ON 2019-02-07 | |
| DATE INCLUDED IN OB: 2019-02-07 | |
| DATE CALENDARED : 2019-02-08 | |
| SECOND READING INFORMATION | |
| PERIOD OF SPONSORSHIP : 2019-02-08 | |
| SPONSORED BY : Yap (A.) | |
| DATE SPONSORSHIP/DEBATE CLOSED: 2019-02-08 | |
| FINAL LIST OF AUTHORS : Yap (A.), Nieto, Biron, Romualdo, Silverio, Vergara, Zubiri, Tan (M.), Rodriguez (M.), Treñas, Alvarez (F.), Tambunting, Relampagos, Daza, Limkaichong, Acosta-Alba, Go (M.), Savellano, Lopez (C.), Uy (J.), Garcia (J.E.), Abaya, Canama, Evardone, Javier, Cagas, Jalosjos, Montoro, Romualdez, Rodriguez (I.), Durano, Ong (H.), Sagarbarria, Laogan, Duavit, Dimaporo (A.), Marcoleta, Tupas, Mendoza, Belmonte (R.), Arcillas, Chavez, Eusebio | |
| DATE APPROVED ON SECOND READING : 2019-02-08 | |
| THIRD READING INFORMATION | |
| DATE COPY DISTRIBUTED TO MEMBERS: 2019-04-24 | |
| DATE APPROVED BY THE HOUSE ON THIRD READING :2019-05-20 | |
| HOUSE VOTES: YEAS:171 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 |
| B---Abu--(Absent) | B---Abueg--(Absent) |
| B---Acharon--(Absent) | Y---Acop |
| B---Acosta--(Absent) | B---Acosta-Alba--(Absent) |
| B---Adiong--(Absent) | Y---Advincula |
| Y---Agarao | Y---Aggabao |
| D---Aglipay-Villar--(N/A) | D---Akbar--(N/A) |
| Y---Albano | B---Alcala--(Absent) |
| Y---Alejano | B---Almario--(Absent) |
| Y---Almonte | B---Alonte--(Absent) |
| Y---Alvarez (F.) | B---Alvarez (M.)--(Absent) |
| B---Alvarez (P.)--(Absent) | B---Amante--(Absent) |
| B---Amatong (I.)--(Absent) | B---Andaya--(Absent) |
| Y---Ang | B---Angara-Castillo--(Absent) |
| Y---Antonino | B---Antonio--(Absent) |
| Y---Aragones | B---Arbison--(Absent) |
| Y---Arcillas | Y---Arenas |
| X---Atienza | X---Aumentado |
| B---Bag-ao--(Absent) | Y---Bagatsing |
| B---Baguilat--(Absent) | Y---Banal |
| B---Barbers--(Absent) | B---Barzaga--(Absent) |
| Y---Bataoil | D---Batocabe--(N/A) |
| Y---Bautista-Bandigan | Y---Belaro |
| Y---Belmonte (F.) | Y---Belmonte (J.C.) |
| Y---Belmonte (R.) | Y---Benitez |
| Y---Bernos | Y---Bertiz |
| B---Biazon--(Absent) | Y---Billones |
| B---Biron--(Absent) | Y---Bolilia |
| Y---Bondoc | Y---Bordado |
| Y---Bravo (A.) | B---Bravo (M.)--(Absent) |
| B---Brosas--(Absent) | Y---Bulut-Begtang |
| Y---Cagas | D---Calalang--(N/A) |
| Y---Calderon | Y---Calixto-Rubiano |
| B---Caminero--(Absent) | B---Campos--(Absent) |
| Y---Canama | Y---Cari |
| Y---Casilao | Y---Castelo |
| Y---Castro (F.L.) | Y---Castro (F.H.) |
| B---Catamco--(Absent) | Y---Cayetano |
| B---Celeste--(Absent) | B---Cerafica--(Absent) |
| B---Cerilles Enerio--(Absent) | B---Chavez--(Absent) |
| Y---Chipeco | B---Co--(Absent) |
| Y---Cojuangco | Y---Collantes |
| Y---Cortes | Y---Cortuna |
| Y---Cosalan | Y---Crisologo |
| Y---Cua | Y---Cuaresma |
| Y---Cueva | Y---Dalipe |
| D---Dalog--(N/A) | Y---Datol |
| Y---Daza | B---De Jesus--(Absent) |
| B---De Venecia--(Absent) | D---De Vera--(N/A) |
| Y---Defensor | Y---Del Mar |
| B---Del Rosario--(Absent) | B---Deloso-Montalla--(Absent) |
| B---Dimaporo (A.)--(Absent) | B---Dimaporo (M.K.)--(Absent) |
| Y---Duavit | B---Durano--(Absent) |
| Y---Dy | Y---Elago |
| B---Enverga--(Absent) | Y---Erice |
| B---Eriguel--(Absent) | B---Ermita-Buhain--(Absent) |
| X---Escudero | Y---Espina |
| B---Espino--(Absent) | B---Estrella--(Absent) |
| B---Eusebio--(Absent) | Y---Evardone |
| B---Fariñas--(Absent) | Y---Fernando |
| Y---Ferrer J. | B---Ferrer L.--(Absent) |
| B---Ferriol-Pascual--(Absent) | B---Floirendo--(Absent) |
| B---Flores--(Absent) | B---Fortun--(Absent) |
| Y---Fortuno | B---Fuentebella--(Absent) |
| Y---Garbin | Y---Garces |
| B---Garcia (G.)--(Absent) | Y---Garcia (J.E.) |
| Y---Garcia-Albano | B---Garin (O.)--(Absent) |
| Y---Garin (S.) | Y---Gasataya |
| B---Gatchalian--(Absent) | Y---Geron |
| Y---Go (A.C.) | Y---Go (M.) |
| B---Gomez--(Absent) | B---Gonzaga--(Absent) |
| Y---Gonzales (A.P.) | Y---Gonzales (A.D.) |
| Y---Gonzalez | B---Gorriceta--(Absent) |
| Y---Gullas | Y---Hernandez (F.) |
| Y---Hernandez (P.) | Y---Herrera-Dy |
| Y---Hofer | B---Jalosjos--(Absent) |
| B---Javier--(Absent) | B---Kho--(Absent) |
| B---Khonghun--(Absent) | B---Labadlabad--(Absent) |
| Y---Lacson | Y---Lagman |
| B---Lanete--(Absent) | B---Laogan--(Absent) |
| B---Lazatin--(Absent) | B---Leachon--(Absent) |
| B---Lee--(Absent) | B---Limkaichong--(Absent) |
| B---Lobregat--(Absent) | B---Lopez (B.)--(Absent) |
| B---Lopez (C.)--(Absent) | B---Lopez (M.L.)--(Absent) |
| B---Loyola--(Absent) | Y---Macapagal Arroyo |
| Y---Maceda | Y---Madrona |
| Y---Aquino-Magsaysay | Y---Nuñez-Malanyaon |
| Y---Malapitan | B---Manalo--(Absent) |
| Y---Mangaoang | B---Mangudadatu (S.)--(Absent) |
| Y---Mangudadatu (Z.) | Y---Marcoleta |
| Y---Marcos | Y---Mariño |
| Y---Marquez | Y---Martinez |
| B---Matugas--(Absent) | B---Mellana--(Absent) |
| B---Mending--(Absent) | B---Mendoza--(Absent) |
| Y---Mercado | B---Mirasol--(Absent) |
| Y---Montoro | B---Nava--(Absent) |
| Y---Nieto | Y---Noel |
| Y---Nograles (J.J.) | D---Nograles (K.A.)--(N/A) |
| Y---Nolasco | Y---Oaminal |
| B---Ocampo--(Absent) | Y---Olivarez |
| B---Ong (H.)--(Absent) | Y---Ong (E.) |
| Y---Ortega (P.) | Y---Ortega (V.N.) |
| Y---Pacquiao | Y---Paduano |
| Y---Palma | Y---Pancho |
| Y---Panganiban | Y---Panotes |
| B---Papandayan--(Absent) | Y---Pichay |
| Y---Pico | Y---Pimentel |
| Y---Pineda | B---Plaza--(Absent) |
| Y---Primicias-Agabas | Y---Roa-Puno |
| Y---Quimbo | B---Radaza--(Absent) |
| Y---Ramirez-Sato | B---Ramos--(Absent) |
| Y---Relampagos | Y---Revilla |
| 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 | B---Sagarbarria--(Absent) |
| B---Sahali--(Absent) | B---Salceda--(Absent) |
| B---Salimbangon--(Absent) | Y---Salo |
| Y---Salon | Y---Sambar |
| B---Sandoval--(Absent) | Y---Sangcopan |
| Y---Santos-Recto | Y---Sarmiento (C.) |
| Y---Sarmiento (E.M.) | Y---Savellano |
| B---Sema--(Absent) | Y---Siao |
| Y---Silverio | Y---Singson (E.) |
| Y---Suansing (E.) | B---Suansing (H.)--(Absent) |
| Y---Suarez | Y---Sy-Alvarado |
| Y---Tambunting | Y---Tan (A.) |
| B---Tan (M.)--(Absent) | Y---Tan (S.) |
| Y---Tejada | Y---Teves |
| B---Tiangco--(Absent) | B---Ting--(Absent) |
| B---Tinio--(Absent) | Y---Tolentino |
| B---Treñas--(Absent) | Y---Tugna |
| Y---Tupas | D---Turabin-Hataman--(N/A) |
| B---Ty--(Absent) | B---Umali--(Absent) |
| Y---Unabia | Y---Ungab |
| B---Unico--(Absent) | B---Uy (J.)--(Absent) |
| B---Uy (R.)--(Absent) | B---Uybarreta--(Absent) |
| Y---Vargas | Y---Vargas-Alfonso |
| Y---Velarde | Y---Velasco, L.A. |
| Y---Velasco-Catera | B---Veloso--(Absent) |
| Y---Vergara | B---Villafuerte--(Absent) |
| Y---Villanueva | D---Villar--(N/A) |
| B---Villaraza-Suarez--(Absent) | B---Villarica--(Absent) |
| B---Villarin--(Absent) | B---Violago--(Absent) |
| B---Yap (A.)--(Absent) | Y---Yap (M.) |
| Y---Yap (V.) | B---Yu--(Absent) |
| Y---Zamora (M.C.) | Y---Zamora (R.) |
| Y---Zarate | Y---Zubiri |
| DATE TRANSMITTED TO THE SENATE: 2019-05-21 | |
| ACTIONS TAKEN BY THE SENATE/HOUSE | |
| DATE RECEIVED BY THE SENATE: 2019-05-21 | |
| REMARKS : |
Senate Legislative History
Entitled: AN ACT SETTING THE MINIMUM PAID-UP CAPITAL AND LOCALLY PRODUCED STOCK INVENTORY REQUIREMENTS FOR FOREIGN RETAIL BUSINESS ENTERPRISES, AMENDING FOR THE PURPOSE REPUBLIC ACT NO. 8762, OTHERWISE KNOWN AS THE RETAIL TRADE LIBERALIZATION ACT OF 2000 [ THIRD REGULAR SESSION, 17TH CONGRESS ] [ 2019 ] Introduced by Representatives ARTHUR C. YAP, JOHN MARVIN "YUL SERVO" C. NIETO, FERJENEL M.D. G. BIRON, XAVIER JESUS D. ROMUALDO et al.; Approved on Third Reading by the House of Representatives on May 20, 2019; 5/21/2019 Sent to the Senate requesting for concurrence; 5/22/2019 Read on First Reading and Referred to the Committee on TRADE, COMMERCE AND ENTREPRENEURSHIP; (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.