Bill Type
Long Title
AN ACT STRENGTHENING THE SECURED TRANSACTIONS LEGAL FRAMEWORK IN THE PHILIPPINES, WHICH SHALL PROVIDE FOR THE CREATION, PERFECTION, DETERMINATION OF PRIORITY, ESTABLISHMENT OF A NOTICE REGISTRY, AND ENFORCEMENT OF SECURITY INTERESTS IN PERSONAL PROPERTY, AND FOR OTHER PURPOSES
Short Title
SECURED TRANSACTIONS ACT
Date filed
April 7, 2016
Scope
Legislative Status Date
Session Sequence No.
5
Session Type

Committee Details

Secondary Committee
Committee Report No.
86

Legislative History

Entitled:
AN ACT STRENGTHENING THE SECURED TRANSACTIONS LEGAL FRAMEWORK IN THE PHILIPPINES, WHICH SHALL PROVIDE FOR THE CREATION, PERFECTION, DETERMINATION OF PRIORITY, ESTABLISHMENT OF A NOTICE REGISTRY, AND ENFORCEMENT OF SECURITY INTERESTS IN PERSONAL PROPERTY, AND FOR OTHER PURPOSES
[ FIRST REGULAR SESSION, 17TH CONGRESS ]
[ 2016 ]
6/30/2016 Introduced by Senator PAOLO BENIGNO "BAM" AQUINO IV;
8/3/2016 Read on First Reading and Referred to the Committee(s) on BANKS, FINANCIAL INSTITUTIONS AND CURRENCIES; and FINANCE;
9/19/2016 Conducted JOINT COMMITTEE MEETINGS/HEARINGS;
[ 2017 ]
5/16/2017 Returned and submitted jointly by the Committee(s) on BANKS, FINANCIAL INSTITUTIONS AND CURRENCIES and FINANCE per Committee Report No. 86, recommending that it be substituted by SBN-1459;
5/17/2017 Committee Report Calendared for Ordinary Business;
5/17/2017 Sponsors: Senator(s) FRANCIS "CHIZ" G. ESCUDERO, PAOLO BENIGNO "BAM" AQUINO IV;
5/17/2017 SUBSTITUTED BY SBN-1459 UNDER COMMITTEE REPORT NO. 86, WHICH BECAME R.A.NO. 11057 ON AUGUST 17, 2018.
(The LEGISLATIVE HISTORY/PLENARY DELIBERATIONS is prepared by the INDEXING, MONITORING AND LIS SECTION, LEGISLATIVE BILLS AND INDEX SERVICE; THE LBIS IS NOT IN CHARGE OF CONDUCTING ANY COMMITTEE MEETINGS OR TWG; The data entry on COMMITTEE MEETINGS/TWG is prepared by the COMMITTEE AFFAIRS BUREAU)