Bill Type
Long Title
AN ACT PROVIDING THAT SUBSCRIPTION TO THE SUBSCRIBER INVESTMENT PLAN OF THE PHILIPPINE LONG DISTANCE TELEPHONE COMPANY BE VOLUNTARY, AMENDING FOR THE PURPOSE PRESIDENTIAL DECREE NUMBERED TWO HUNDRED AND SEVENTEEN
Congress Author
Date filed
September 5, 2001
Scope
Urgent Bill
No

Legislative History

House Bill/Resolution NO. House Bill No. 2909, 12th Congress of the Republic
FULL TITLE : AN ACT PROVIDING THAT SUBSCRIPTION TO THE SUBSCRIBER INVESTMENT PLAN OF THE PHILIPPINE LONG DISTANCE TELEPHONE COMPANY BE VOLUNTARY, AMENDING FOR THE PURPOSE PRESIDENTIAL DECREE NUMBERED TWO HUNDRED AND SEVENTEEN
ABSTRACT : In line with the objective of spreading ownership among a wide base of the people, the concept of telephone subscriber self-financing is hereby adopted whereby a telephone subscriber MAY, ON A VOLUNTARY BASIS, finance(s) part of the capital investments in telephone installations through the purchase of stocks, whether common or preferred stock of the telephone company.
PRINCIPAL AUTHOR/S : CHIONGBIAN, ERWIN L.
DATE FILED : 2001-09-05
SIGNIFICANCE: NATIONAL
CO-AUTHORS (Journal Entries) :
1. Monfort (030 ) 2. Echiverri (035 )
ADMINISTRATION BILL? No
URGENT BILL? No
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON TRANSPORTATION AND COMMUNICATIONS ON 2001-09-25

Abstract

In line with the objective of spreading ownership among a wide base of the people, the concept of telephone subscriber self-financing is hereby adopted whereby a telephone subscriber MAY, ON A VOLUNTARY BASIS, finance(s) part of the capital investments in telephone installations through the purchase of stocks, whether common or preferred stock of the telephone company.

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Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.