Entitled:
AN ACT AMENDING REPUBLIC ACT NO. 7721, OTHERWISE KNOWN AS AN ACT LIBERALIZING THE ENTRY AND SCOPE OF OPERATIONS OF FOREIGN BANKS IN THE PHILIPPINES AND FOR OTHER PURPOSES
[ FIRST REGULAR SESSION, 16TH CONGRESS ]
[ 2014 ]
3/4/2014	Introduced by Senator SERGIO R. OSMENA III;
3/5/2014	Read on First Reading and Referred to the Committee on BANKS, FINANCIAL INSTITUTIONS AND CURRENCIES;
5/28/2014	Returned and submitted by the Committee on BANKS, FINANCIAL INSTITUTIONS AND CURRENCIES per Committee Report No. 33, recommending its approval without amendment, taking into consideration HBN-3984;
5/28/2014	Committee Report Calendared for Ordinary Business;
5/28/2014	Sponsor: Senator SERGIO R. OSMENA III;
5/28/2014	Transferred from the Calendar for Ordinary Business to the Calendar for Special Order;
5/28/2014	Sponsorship speech of Senator SERGIO R. OSMENA III;
6/2/2014	Period of interpellation closed;
6/3/2014	Senator CYNTHIA A. VILLAR was made a coauthor, as manifested by Senator Osmena;
6/3/2014	Clarificatory question of Senator CYNTHIA A. VILLAR;
6/3/2014	Period of committee amendments;
6/3/2014	Period of committee amendments closed;
6/3/2014	Period of individual amendments closed;
6/3/2014	Approved on Second Reading with Amendments;
6/4/2014	Letter of Senator Cynthia A. Villar dated June 2, 2014, requesting that she be made coauthor of this Bill, received by the LBIS;
6/4/2014	Printed copies were distributed to the Senators;
6/4/2014	Reconsideration of the Approval on Second Reading;
6/4/2014	Reconsideration of the closing of the period of Committee Amendments;
6/4/2014	Period of committee amendments;
6/4/2014	Period of amendment closed;
6/4/2014	Approved on Second Reading with amendments;
6/5/2014	Printed copies were distributed to the Senators;
6/9/2014	Approved on Third Reading;
6/9/2014	In favor: (18) JUAN EDGARDO "SONNY" M. ANGARA, PAOLO BENIGNO "BAM" AQUINO IV, MARIA LOURDES NANCY S. BINAY, ALAN PETER COMPANERO S. CAYETANO, FRANKLIN M. DRILON, JOSEPH VICTOR G. EJERCITO, JINGGOY P. EJERCITO-ESTRADA, JUAN PONCE ENRILE, FRANCIS "CHIZ" G. ESCUDERO, GREGORIO B. HONASAN II, MANUEL "LITO" M. LAPID, SERGIO R. OSMENA III, GRACE L. POE, RALPH G. RECTO, RAMON A. REVILLA JR., VICENTE C. SOTTO III, ANTONIO "SONNY" F. TRILLANES and CYNTHIA A. VILLAR;
6/9/2014	Against: N o n e;
6/9/2014	Abstention: N o n e;
6/9/2014	Senate requested the House of Representatives for a conference on the disagreeing provisions of SBN-2159 and HBN-3984, designating Senators Sergio R. Osmena III, Paolo Benigno "Bam" Aquino IV, Antonio "Sonny" F. Trillanes and Juan Ponce Enrile as its conferees to the Bicameral Conference Committee;
6/10/2014	Sent to the House of Representatives requesting for concurrence;
6/10/2014	House of Representatives requested the Senate for a conference on the disagreeing provisions of SBN-2159 and HBN-3984, designating Representatives Sonny P. Collantes, Joaquin M. Chipeco Jr., Henry S. Oaminal, Gus S. Tambunting and Jose "Pingping" I. Tejada as its conferees to the Bicameral Conference Committee on June 9, 2014;
6/10/2014	Conference Committee Report Approved by the House of Representatives; (O.B. dated August 4, 2014)
6/11/2014	Conference Committee Report submitted to the Senate, recommending that HBN-3984 and SBN-2159, be approved as reconciled;
6/11/2014	Sponsorship speech on the Conference Committee Report of Senator SERGIO R. OSMENA III;
6/11/2014	Conference Committee Report Approved by the Senate;
6/16/2014	Communication informing the House of Representatives that the Senate approved the Conference Committee Report on the disagreeing provisions of SBN-2159 and HBN-3984 on June 11, 2014;
6/23/2014	Enrolled copies of the consolidated version of SBN-2159 and HBN-3984, sent to the House of Representatives for the signature of the Speaker and the Secretary General of the House of Representatives;
6/25/2014	Enrolled copies of the consolidated version of SBN-2159 and HBN-3984, received by the Senate which were already signed by the Speaker and the Secretary General of the House of Representatives;
6/26/2014	Enrolled copies of the consolidated version of SBN-2159 and HBN-3984, sent to the Office of the President of the Philippines, through PLLO, for the signature and approval of His Excellency, President Benigno S. Aquino III;
FINAL TITLE: AN ACT ALLOWING THE FULL ENTRY OF FOREIGN BANKS IN THE PHILIPPINES, AMENDING FOR THE PURPOSE REPUBLIC ACT NO. 7721
7/22/2014	Approved and signed into law, in consolidation with HBN-3984, by the President of the Philippines, His Excellency President Benigno S. Aquino III on July 15, 2014, and became; (See: O.B. dated August 6, 2014)
7/22/2014	REPUBLIC ACT NO. 10641.
(Pursuant to paragraph g, Sec. 7, Rule V of the Rules of the Senate, R.A.No. 10641 (SBN-2159 and HBN-3984) with pertinent documents transmitted to the Legislative Records and Archives Service for safekeeping and preservation on August 12, 2014)
(Prepared by the Indexing, Monitoring and LIS Section, Legislative Bills and Index Service)