Bill Type
Congress Name
Long Title
AN ACT REVISING PRESIDENTIAL DECREE NO. 612, OTHERWISE KNOWN AS THE INSURANCE CODE, AS AMENDED BY PRESIDENTIAL DECREE NOS. 1141, 1280, 1455, 1460, 1814, AND 1981, AND BATAS PAMBANSA BLG. 874, AND FOR OTHER PURPOSES
Short Title
THE INSURANCE CODE
Text as filed (link)
Sponsor
Date filed
September 13, 2012
Scope
Legislative Status
Legislative Status Date
Session Sequence No.
19
Session Type
Subjects
Bill Transmittal
Conference committee requested by SENATE (2/4/2013)
All Information (Senate Website)
Legislative History (Senate Website)
Committee Report Senate Link
Committee Referral (Senate Website)
Floor Activity (Senate Website)
Committee Details
Primary Committee
Secondary Committee
Committee Report No.
381
Floor Activity
Floor Activity
Date Parliamentary status Senator(s) 9/18/2012 Sponsorship Speech Osmena III, Sergio R. 1/28/2013 Period of Committee Amendments 1/28/2013 Period of Interpellation Closed 1/28/2013 Period of Committee Amendments Closed 1/28/2013 Period of Individual Amendments Closed 1/28/2013 Co-Sponsorship Speech Legarda, Loren B. 2/6/2013 Sponsorship Speech on the Conference Committee Report Osmena III, Sergio R.
Votes
Votes
Type of vote
Third Reading (2/4/2013)
Voted Yes Voted No Angara, Edgardo J.Arroyo, Joker P.Cayetano, Pia S.Drilon, Franklin M.Ejercito-Estrada, Jinggoy P.Enrile, Juan PonceEscudero, Francis "Chiz" G.Honasan II, Gregorio B.Lacson, Panfilo M.Lapid, Manuel "Lito" M.Marcos, Ferdinand "Bongbong" R.Osmena III, Sergio R.Pimentel, Aquilino Koko III L.Recto, Ralph G.Revilla Jr., Ramon A.Sotto III, Vicente C.Villar, Manny B.
Abstained Guingona III, Teofisto "Tg"
Legislative History
Entitled: AN ACT REVISING PRESIDENTIAL DECREE NO. 612, OTHERWISE KNOWN AS THE INSURANCE CODE, AS AMENDED BY PRESIDENTIAL DECREE NOS. 1141, 1280, 1455, 1460, 1814, AND 1981, AND BATAS PAMBANSA BLG. 874, AND FOR OTHER PURPOSES [ THIRD REGULAR SESSION, 15TH CONGRESS ] [ 2012 ] 9/13/2012 Prepared and submitted jointly by the Committee(s) on BANKS, FINANCIAL INSTITUTIONS AND CURRENCIES and JUSTICE AND HUMAN RIGHTS with Senator(s) EDGARDO J. ANGARA, ANTONIO "SONNY" F. TRILLANES, JINGGOY P. EJERCITO-ESTRADA, RAMON A. REVILLA JR., MIRIAM DEFENSOR SANTIAGO, SERGIO R. OSMENA III, MANNY VILLAR and FRANCIS "CHIZ" G. ESCUDERO as author(s) per Committee Report No. 381, recommending its approval in substitution of SBNos. 53, 219, 576, 1992, 2001, 2432, 2500 and 2520, taking into consideration HBN-4867; 9/17/2012 Committee Report Calendared for Ordinary Business; 9/17/2012 Sponsor: Senator SERGIO R. OSMENA III; 9/18/2012 Transferred from the Calendar for Ordinary business to the Calendar for Special Order; 9/18/2012 Sponsorship speech of Senator SERGIO R. OSMENA III; [ 2013 ] 1/28/2013 Co-sponsorship speech of Senator LOREN B. LEGARDA; 1/28/2013 Period of interpellations closed; 1/28/2013 Period of committee amendments closed; 1/28/2013 Period of individual amendments; 1/28/2013 Period of individual amendments closed; 1/28/2013 Approved on Second Reading with amendments; 1/31/2013 Printed copies were distributed to the Senators; 2/4/2013 Approved on Third Reading; 2/4/2013 In favor: (17) EDGARDO J. ANGARA, JOKER P. ARROYO, PIA S. CAYETANO, FRANKLIN M. DRILON, JINGGOY P. EJERCITO-ESTRADA, JUAN PONCE ENRILE, FRANCIS "CHIZ" G. ESCUDERO, GREGORIO B. HONASAN II, PANFILO M. LACSON, MANUEL "LITO" M. LAPID, FERDINAND "BONGBONG" R. MARCOS, SERGIO R. OSMENA III, AQUILINO KOKO III L. PIMENTEL, RALPH G. RECTO, RAMON A. REVILLA JR., VICENTE C. SOTTO III and MANNY B. VILLAR; 2/4/2013 Against: N o n e; 2/4/2013 Abstention: (1) TEOFISTO "TG" GUINGONA III; 2/4/2013 Senate requested the House of Representatives for a conference on the disagreeing provisions of SBN-3280 and HBN-4867, designating Senators Osmena, Pangilinan, Escudero, Estrada and Cayetano (P) as its conferees to the Bicameral Conference Committee; 2/6/2013 Conference Committee Report Approved by the House of Representatives; (O.B. dated 6/6/2013) 2/6/2013 House of Representatives agreed for a conference on the disagreeing provisions of HBN-4867 and SBN-3280, designating Representatives Apostol, Romarate Jr., Angara, Mandanas, Calimbas-Villarosa, Aggabao and Benaldo as its conferees to the Bicameral Conference Committee on February 4, 2013; 2/6/2013 Sponsorship speech on the conference committee report of Senator SERGIO R. OSMENA III; 2/6/2013 Conference Committee Report submitted to the Senate, recommending that HBN-4867 in consolidation with SBN-3280 be approved as reconciled; 2/6/2013 Conference Committee Report Approved by the Senate; 6/27/2013 Enrolled copies of the consolidated version of HBN-4867 and SBN-3280, received by the Senate on July 2, 2013, for the signature of Senate Secretary Reyes and Acting Senate President Jinggoy Ejercito Estrada; 6/30/2013 Enrolled copies of the consolidated version of HBN-4867 and SBN-3280, sent back to the House of Representatives on July 15, 2013, which were already signed by Senate Secretary Emma Lirio-Reyes and Acting Senate President Jinggoy Ejercito Estrada; FINAL TITLE: AN ACT STRENGTHENING THE INSURANCE INDUSTRY, FURTHER AMENDING PRESIDENTIAL DECREE NO. 612, OTHERWISE KNOWN AS THE INSURANCE CODE, AS AMENDED BY PRESIDENTIAL DECREE NOS. 1141, 1280, 1455, 1460, 1814 AND 1981, AND BATAS PAMBANSA BLG. 874, AND FOR OTHER PURPOSES. Consolidated with HBN-4867, which was approved and signed into law, on August 16, 2013, by the President of the Philippines, His Excellency President Benigno S. Aquino III, and became (O.B. dated 12/18/2013) REPUBLIC ACT NO. 10607.