Bill Type
Congress Name
Long Title
AN ACT AMENDING REPUBLIC ACT NO. 7160, OTHERWISE KNOWN AS THE LOCAL GOVERNMENT CODE OF 1991 AND FOR OTHER PURPOSES (RE: RE-LENDING SCHEME)
Date filed
December 14, 1998
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. HB06002 |
| FULL TITLE : AN ACT AMENDING REPUBLIC ACT NO. 7160, OTHERWISE KNOWN AS THE LOCAL GOVERNMENT CODE OF 1991 AND FOR OTHER PURPOSES (RE: RE-LENDING SCHEME) |
| ABSTRACT : Seeks to AMEND the re-lending scheme allowed under the Local Government Code to prevent the imposition of exorbitant add-on interest which renders the scheme meaningless. |
| PRINCIPAL AUTHOR/S : BACULIO, AUGUSTO H. |
| DATE FILED : 1998-12-14 |
| SIGNIFICANCE: NATIONAL |
| ADMINISTRATION BILL? No |
| URGENT BILL? No |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON LOCAL GOVERNMENT ON 1998-12-17 |
Abstract
Seeks to AMEND the re-lending scheme allowed under the Local Government Code to prevent the imposition of exorbitant add-on interest which renders the scheme meaningless.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.