Bill Type
Congress Name
Long Title
AN ACT AMENDING REPUBLIC ACT NO. 8291 REMOVING INTERESTS ON DELAYED REMITTANCES, LIMITING DISBURSEMENTS FOR ADMINISTRATIVE AND OPERATIONAL EXPENSES AND THE POWERS OF THE GSIS AND ITS PRESIDENT AND GENERAL MANAGER, AND INCREASING THE PENALTIES FOR VIOLATION THEREOF, AND FOR OTHER PURPOSES
Date filed
November 30, 2004
Scope
Legislative History
| House Bill/Resolution NO. HB03371 | |
| FULL TITLE : AN ACT AMENDING REPUBLIC ACT NO. 8291 REMOVING INTERESTS ON DELAYED REMITTANCES, LIMITING DISBURSEMENTS FOR ADMINISTRATIVE AND OPERATIONAL EXPENSES AND THE POWERS OF THE GSIS AND ITS PRESIDENT AND GENERAL MANAGER, AND INCREASING THE PENALTIES FOR VIOLATION THEREOF, AND FOR OTHER PURPOSES | |
| ABSTRACT : The bill imposes penalties upon officials concerned for non-remittance or delayed remittance of monies due the GSIS, limits disbursements for administrative and operational expenses, controls the investment of funds, limits the powers of the GSIS and its President and General Manager, and increases the penalties for violations of the law. | |
| PRINCIPAL AUTHOR/S : ABANTE, BIENVENIDO JR. M. | |
| DATE FILED : 2004-11-30 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS (Journal Entries) : | |
| 1. Suplico (034 ) | 2. Tulagan (034 ) |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON GOVERNMENT ENTERPRISES AND PRIVATIZATION ON 2004-12-07 |
Abstract
The bill imposes penalties upon officials concerned for non-remittance or delayed remittance of monies due the GSIS, limits disbursements for administrative and operational expenses, controls the investment of funds, limits the powers of the GSIS and its President and General Manager, and increases the penalties for violations of the law.'
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.