Republic Act No. 8556 | Senate of the Philippines Legislative Reference Bureau

AN ACT AMENDING REPUBLIC ACT NO. 5780, OTHERWISE KNOWN AS REGULATING THE ORGANIZATION AND OPERATION OF FINANCING COMPANIES, AND FOR OTHER PURPOSES.
1996, April 30

Introduced by Sen, ROCO

April 30, 1996	Introduced by Sen. ROCO
May 7, 1996	Read on First Reading and referred to the Committee(s) on BANKS. FINANCIAL INSTITUTIONS AND CURRENCIES.
December 9, 1997	- Returned by the Committee on Banks, Financial Institutions and Currencies per Committee Report No. 811, recommending its approval with amendments; - Submitted said report to the Senate; - Sponsors: Senator Drilon and the members of the Committee on Banks, Financial Institutions and Currencies.
February 2, 1998	Assigned for consideration by Special Order.
February 3, 1998	- Sponsorship speech of Senator Drilon; - Cosponsorship speech of Senator Roco.
February 5, 1998	Certified by the President of the Philippines for immediate enactment.
February 6, 1998	- Period of interpellation closed - Period of committee amendments closed; - Period of individual amendments closed; - Approved on Second Reading without amendment; - Approved on Third Reading; - In favor: (14) Alvarez, Angara, Drilon, Fernan, Flavier, Gonzales, Herrera, Maceda, Magsaysay, Jr., Ople, Santiago, Shahani, Tatad and Webb; - Against: None; - Abstentions: None; - Senate requested the House of Representatives for a conference on the disagreeing provisions of SBN-1509 and HBH-7659, designating Senators Drilon, Flavier and Fernan as its conferees; - House of Representatives accepted the request of the Senate for a conference and designated Representatives Chaves, Javier, Payumo, Padilla, and Angara-Castillo as its conferees on February 4, 1998 (see O.B. dated February 12, 1998).
February 10, 1998	Sent to the House of Representatives for concurrence.
February 12, 1998	- Conference Committee Report submitted to the Senate. recommending that HBN-7659 be approved in consolidation with SBN-1509. - Conference Committee Report approved by the Senate.
February 19, 1998	Conference Committee Report approved by the House of Representatives on February 13, 1998.
February 26, 1998	Consolidated with HBN-7659 which was approved and signed into law and became REPUBLIC ACT NO. 8556.