- Prepared and submitted jointly by the Committee(s) on BANKS, FINANCIAL INSTITUTIONS AND CURRENCIES; JUSTICE AND HUMAN RIGHTS; and PUBLIC ORDER AND ILLEGAL DRUGS with Senators FLAVIER, OSMEÑA (S.), LOREN LEGARDA LEVISTE, BARBERS, LACSON, RENATO L. 'COMPAÑERO' CAYETANO, PANGILINAN, DRILON, MAGSAYSAY, JR. as authors per Committee Report No. 1, recommending its approval in substitution of SB Nos. 111, 179, 684, 879, 1338, 1504, 1506, 1599, 1607, 1662 and 1676; 

- Committee Report Calendared for Ordinary Business; 

-  Sponsors Senators Flavier, Osmeña (S.), Loren Legarda Barbers, Lacson, Renato L. 'Compañero' Cayetano, Pangilinan, Drilon, and Magsaysay, Jr.;

- Certified by the President of the Philippines Gloria Macapagal-Arroyo for immediate enactment; 

- Assigned for consideration by Special Order;

- Sponsorship speech of Senator Magsaysay, Jr.; 

- Cosponsorship speech of Senator Pangilinan; 

- Interpellations of Senators Pimentel, Jr. Barbers, and Osmeña (S.); 

- Inquiries of the Chair.

- Senator Magsaysay, Jr. noted that based on the caucus of the Senators on even date, the body adopted a substitute bill as working draft and that the same will be used as the basis of interpellations possible amendments and debates and possible amendments; 

- Parliamentary inquiry of Senator Sotto III; 

- Remarks of Senator Osmeña (J.);

- Interpellations of Senators Pimentel, Jr., Lacson, Barbers, and Renato L. 'Compañero' Cayetano; 

- Remarks of Senator Luisa 'Loi' P. Ejercito-Estrada on possible amendments; 

- Clarificatory questions of Senators Recto and Pimentel, Jr;

- Remarks of Senate President Drilon.

- Interpellation of Senators Robert S. 'Jawo' Jaworski, Sotto III and Angara;

- Clarificatory questions of Senators Pimentel, Jr. and Osmeña (S.); 

- Remarks of Senators Arroyo, Angara and Renato L. 'Compañero' Cayetano;

 - Interpellation of Senator Aquino-Oreta;

 - Upon instruction of the Senate President copies of Senator Angara's version as of September 26, 2001, 6:08 pm. were distributed to the Body; 

- Interpellation of Senator Ople. 

- Interpellation of Senators Ople, Honasan, Osmeña (S.), and Biazon; 

- Remarks of Senate President Drilon;  

- Period of interpellation closed;  

- Upon motion of Senator Magsaysay, Jr., the working draft dated September 25, 2001 was included into the record as the committee amendments; 

- Period of individual amendments;

- Upon motion of Senator Angara, the working draft with his version dated September 27, 2001 was included record as Senator Angara's individual amendments;

- Inquiries of Senators Pangilinan and Recto;

- Observations of Senators Pimentel, Jr. and Osmeña (S.); 

- Approved on Second Reading with amendments;
- At the instance of Senator Magsaysay, Jr. all Senators (Angara, Aquino-Oreta, Arroyo, Biazon, Noli 'Kabayan' De Castro, Luisa 'Loi' Ejercito Estrada, Honasan, Robert S. 'Jawo' Jaworski, Ople, Osmeña (J.), Pimentel, Jr., Recto, Revilla, Sotto III, and Villar, Jr.) were made coauthors; 

- House of Representatives requested the Senate for a conference the disagreeing provisions of SBN-1745 and HBN-3083, designating Representatives Lopez (J.), Libanan, Moreno, Locsin, Jr., Lapus, Roman (A.), Marcos, Macarambon, Jr., Paras, Abayon, Jimenez, Zamora, Suplico, Garcia, (E.), Jr., and Lobregat as its conferees which was approved on even dates;

- House of Representatives designated Representatives Teves, Lacson and Albano as its additional conferees. 

 - Approved on Third Reading at 12:05 am;

- In favor: (19) Senators Angara, Arroyo, Barbers, Biazon Renato L. 'Compañero' Cayetano, Noli 'Kabayan' De Castro, Drilon, Honasan, Robert S. "Jawo" Jaworski, Lacson, Loren Legarda Leviste, Magsaysay, Jr., Ople, Osmeña (S.) Pangilinan, Pimentel, Jr., Recto, Sotto III, and Villar, Jr.;           

- Against None;

- Abstention: None;

- Senate acceded to the request of the House of Representatives for a conference on the disagreeing provisions of SBN-1745 and HBN-3083, designating Senators Magsaysay, Jr., Pangilinan, Arroyo, Renato L. Compañero Cayetano, Osmeña (S.), Lacson, Barbers, Fimentel, Jr., Angara, Sotto III, Villar, and Recto as its conferees. 

- Conference Committee Report submitted to the Senate recommending that HBN-3083, in consolidation with SBN-1745, be approved as reconciled;

-Sponsorship speech of Senator Magsaysay, Jr. on the conference committee report;

-Interpellation and remarks of Senator Osmeña (S.) that he is switching his dissenting vote to a vote of approval on the conference committee report;

-Interpellation of Senator Villar, Jr.; 

- Remarks of Senate President Drilon;

- Remarks of Senators Pangilinan, Renato L. 'Compañero' Cayetano, and Barbers;

 - Final statement of Senate President Drilon; 

 - Conference Committee Report unanimously approved by the Senate;

 - Conference Committee Report approved by the House of Representatives (O.B. dated October 3, 2001); 

- The Bill was presented to the President of the Philippines.

- Approved and signed by the President of the Philippines on September 29, 2001 and became REPUBLIC ACT NO. 9160.