Bill Type
Congress Name
Long Title
AN ACT AMENDING REPUBLIC ACT NO. 3936 OTHERWISE KNOWN AS THE UNCLAIMED BALANCES LAW AS AMENDED BY PRESIDENTIAL DECREE NO. 679
Text as filed (link)
Date filed
July 16, 2013
Scope
Legislative History
| House Bill/Resolution NO. HB01471 |
| FULL TITLE : AN ACT AMENDING REPUBLIC ACT NO. 3936 OTHERWISE KNOWN AS THE UNCLAIMED BALANCES LAW AS AMENDED BY PRESIDENTIAL DECREE NO. 679 |
| ABSTRACT : Seeks to strengthen the mandate of the Bureau of Treasury, the sole agency decreed to escheat unclaimed balances to the credit of the National Government, on unclaimed balances and simplifies the procedures under the law for a more efficient and effective enforcement, broader scope and expeditious escheatment of unclaimed balances. |
| PRINCIPAL AUTHOR/S : REVILLA, JUAN JOHNNY R. |
| DATE FILED : 2013-07-16 |
| SIGNIFICANCE: NATIONAL |
| NATURE : Economic |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 2013-07-29 |
Abstract
Seeks to strengthen the mandate of the Bureau of Treasury, the sole agency decreed to escheat unclaimed balances to the credit of the National Government, on unclaimed balances and simplifies the procedures under the law for a more efficient and effective enforcement, broader scope and expeditious escheatment of unclaimed balances.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.