Bill Type
Long Title
AN ACT FURTHER STRENGTHENING THE HOME DEVELOPMENT MUTUAL FUND (ALSO KNOWN AS THE PAG-IBIG FUND) THEREBY AMENDING FOR THIS PURPOSE PRESIDENTIAL DECREE NO. 1752, AS AMENDED, OTHERWISE KNOWN AS THE HOME DEVELOPMENT MUTUAL FUND LAW, INSTITUTING REFORMSTHEREIN, AND FOR OTHER PURPOSES
Congress Author
Date filed
December 16, 1998
Scope
Urgent Bill
No

Legislative History

House Bill/Resolution NO. HB06104
FULL TITLE : AN ACT FURTHER STRENGTHENING THE HOME DEVELOPMENT MUTUAL FUND (ALSO KNOWN AS THE PAG-IBIG FUND) THEREBY AMENDING FOR THIS PURPOSE PRESIDENTIAL DECREE NO. 1752, AS AMENDED, OTHERWISE KNOWN AS THE HOME DEVELOPMENT MUTUAL FUND LAW, INSTITUTING REFORMSTHEREIN, AND FOR OTHER PURPOSES
ABSTRACT : "HDMF Law of 1998". Proposes amendatory provision to the PAG-IBIG Fund Law, such as: (1) Re-statement of the tax-exempt status of the Fund; (2) rationalizing the FUND coverage, generation and contribution rates; (3) strengthening the powers of the Board of Trustees,e tc.
PRINCIPAL AUTHOR/S : GONZALES, NEPTALI II M.
DATE FILED : 1998-12-16
SIGNIFICANCE: NATIONAL
CO-AUTHORS :
1. 2.
3. 4.
5. 6.
7.
ADMINISTRATION BILL? No
URGENT BILL? No
ACTIONS TAKEN BY THE COMMITTEE
MOTHER BILL: HB12422
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON GOVERNMENT ENTERPRISES AND PRIVATIZATION ON 1999-01-18
SECONDARILY REFERRED TO THE COMMITTEE(S) ON WAYS AND MEANS

Abstract

"HDMF Law of 1998". Proposes amendatory provision to the PAG-IBIG Fund Law, such as: (1) Re-statement of the tax-exempt status of the Fund; (2) rationalizing the FUND coverage, generation and contribution rates; (3) strengthening the powers of the Board of Trustees,e tc.

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