Bill Type
Short Title
CORPORATE SOCIAL RESPONSIBILITY ACT
Text as Filed (File)
Third Reading Copy link (HRep)
Scope
Legislative Status
Legislative Status Date
Session Sequence No.
66
Session Type
Subjects
Document Certification
All Information (Senate Website)
Legislative History (Senate Website)
Committee Referral (Senate Website)
Committee Details
House Committee Report link
Legislative History
| House Bill/Resolution NO. HB06137 | |
| FULL TITLE : AN ACT ENCOURAGING CORPORATE SOCIAL RESPONSIBILITY, PROVIDING INCENTIVES THEREFOR | |
| SHORT TITLE : Encouraging Corporate Social Responsibility, Providing Incentives Therefor | |
| ABSTRACT : Refers corporate social responsibility (CSR) to the commitment of business to contribute on a voluntary basis to sustainable economic development by working with relevant stakeholders to improve their lives in ways that are good for business, sustainable development agenda and society at large.Defines CSR-related activities as charitable programs and projects; scientific research; youth and sports development; cultural or educational promotion; services to veterans and senior citizens; social welfare; environmental sustainability; health development; disaster relief and assistance; and employee and worker welfare related related CSR activities.Allows stock corporations to retain surplus profits in excess of one hundred per cent (100%) of their paid-in capital stock to be used to definite corporate expansion or corporate social responsibility projects and programs approved by the directors.Mandates the Department of Trade and Industry to recognize and reward all business organizations for outstanding, innovative and world-class CSR-related services, projects and programs , and extend endorsement and encouragements to domestic and foreign corporations doing business in the Philippines which are candidates for recognition in international award-giving bodies for their CSR-related activities. | |
| ALIAS NAME : "Corporate Social Responsibility Act." | |
| PRINCIPAL AUTHOR/S : MACAPAGAL ARROYO, JUAN MIGUEL, PINEDA, ENRICO A., AGABAS, TYRONE D., ROMERO, MICHAEL ODYLON L., VERGARA, ROSANNA "RIA", CRISOLOGO, ANTHONY PETER "ONYX" D., SAVELLANO, DEOGRACIAS VICTOR "DV" B., VARGAS, ALFRED, BARBA, ANGELO MARCOS, GATCHALIAN, WESLIE T., SUNTAY, JESUS "BONG" C., BIRON, BRAEDEN JOHN Q., ESCUDERO, EVELINA G., REYES, ALLAN BENEDICT S., BABASA, LEONARDO JR. L., VIOLAGO, MICAELA S., TIANGCO, JOHN REYNALD M., REVILLA, STRIKE B., QUIMBO, STELLA LUZ A., UNABIA, CHRISTIAN S., LOPEZ, MANUEL LUIS T., BARBERS, ROBERT ACE S., BORDADO, GABRIEL JR. H., CASTRO, FRANCE L., PADUANO, JOSEPH STEPHEN S., CASTELO, PRECIOUS HIPOLITO, SALVADOR-TAMBUNTING, JOY MYRA, VILLAR, CAMILLE A., ALVAREZ, FRANZ "CHICOY" E., ZUBIRI, MANUEL F., OUANO-DIZON, EMMARIE "LOLYPOP", COLLANTES, MA. THERESA V., TY ALAN, DUAVIT, JOHN MICHAEL R., SINGSON-MEEHAN, KRISTINE, AUMENTADO, ERICO ARISTOTLE C., CAMPOS, LUIS JR. N., SAGARBARRIA, MANUEL T., BARONDA, JULIENNE "JAM" L., CUEVA, LEO RAFAEL M., CUA, JUNIE E., KHO, ELISA "OLGA" T., OLIVAREZ, ERIC L., MARTINEZ, ERIC M., GARCIA, JOSE ENRIQUE "JOET" III S., MATUGAS, FRANCISCO JOSE "BINGO" II F., CPA, CESO, LLB, PACQUIAO, ROGELIO D., PANOTES, MARISOL C., ESPINO,JUMEL ANTHONY I., GO, MARK O., GARBIN, ALFREDO JR. A., VILLA, JAKE VINCENT, BAÑAS-NOGRALES, SHIRLYN, CANAMA, SABINIANO S., GARIN, SHARON S., CO, ELIZALDY S. | |
| DATE FILED : 2020-01-30 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS (Journal Entries) : | |
| 1. Chatto (000 2020-05-02) | |
| AUTHORS(Final/Third Reading) : | |
| 1. Macapagal Arroyo | 2. Pineda |
| 3. Agabas | 4. Romero |
| 5. Vergara | 6. Crisologo |
| 7. Savellano | 8. Vargas |
| 9. Barba | 10. Gatchalian |
| 11. Suntay | 12. Biron |
| 13. Escudero | 14. Reyes |
| 15. Babasa | 16. Violago |
| 17. Tiangco | 18. Revilla |
| 19. Quimbo | 20. Unabia |
| 21. Lopez (M.L.) | 22. Barbers |
| 23. Bordado | 24. Castro (F.L.) |
| 25. Paduano | 26. Castelo |
| 27. Salvador-Tambunting | 28. Villar |
| 29. Alvarez (F.) | 30. Zubiri |
| 31. Ouano-Dizon | 32. Collantes |
| 33. Ty (A.) | 34. Duavit |
| 35. Singson-Meehan | 36. Aumentado |
| 37. Campos | 38. Sagarbarria |
| 39. Baronda | 40. Cueva |
| 41. Cua | 42. Kho (E.) |
| 43. Olivarez | 44. Martinez |
| 45. Garcia (J.E.) | 46. Matugas |
| 47. Pacquiao (R.) | 48. Panotes |
| 49. Espino | 50. Go (M.) |
| 51. Garbin | 52. Villa |
| 53. Bañas-Nograles | 54. Canama |
| 55. Garin (S.) | 56. Co (E.) |
| 57. Romualdez (F.M.) | 58. Remulla |
| 59. Bolilia | 60. Bondoc |
| 61. De Venecia | 62. Herrera-Dy |
| 63. Romualdo | 64. Fariñas (R.C.) |
| 65. Suarez (D.) | 66. Bautista |
| 67. Taduran | 68. Delos Santos |
| 69. Zarate | 70. Singson |
| 71. Estrella | 72. Gonzales (A.) |
| 73. Arenas | 74. Oaminal |
| 75. Deloso-Montalla | 76. Lara |
| 77. Aragones | 78. Sarmiento |
| 79. Acosta-Alba | 80. Robes |
| 81. Ferrer (J.M.) | 82. Bravo |
| 83. Acop | 84. Tutor |
| ACTIONS TAKEN BY THE COMMITTEE | |
| COMMITTEE REPORT NO. 00213 | |
| SUBMITTED ON 2020-01-30 | |
| SUBMITTED BY: TRADE AND INDUSTRY | |
| RECOMMENDATIONS: Approval in substitution of House Bills Numbered 1198, 1225 and 3853 | |
| SUBSTITUTED BILLS: HB01198, HB01225, HB03853 | |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON RULES ON 2020-02-03 | |
| DATE INCLUDED IN OB: 2020-02-03 | |
| DATE CALENDARED : 2020-02-17 | |
| SECOND READING INFORMATION | |
| PERIOD OF SPONSORSHIP : 2020-03-09 | |
| SPONSORED BY : Macapagal Arroyo | |
| DATE SPONSORSHIP/DEBATE CLOSED: 2020-03-09 | |
| PERIOD OF INDIVIDUAL AMENDMENTS : 2020-03-09 | |
| AMENDED BY : Gatchalian | |
| FINAL LIST OF AUTHORS : Macapagal Arroyo, Pineda, Agabas, Romero, Vergara, Crisologo, Savellano, Vargas, Barba, Gatchalian, Suntay, Biron, Escudero, Reyes, Babasa, Violago, Tiangco, Revilla, Quimbo, Unabia, Lopez (M.L.), Barbers, Bordado, Castro (F.L.), Paduano, Castelo, Salvador-Tambunting, Villar, Alvarez (F.), Zubiri, Ouano-Dizon, Collantes, Ty (A.), Duavit, Singson-Meehan, Aumentado, Campos, Sagarbarria, Baronda, Cueva, Cua, Kho (E.), Olivarez, Martinez, Garcia (J.E.), Matugas, Pacquiao (R.), Panotes, Espino, Go (M.), Garbin, Villa, Bañas-Nograles, Canama, Garin (S.), Co (E.), Romualdez (F.M.), Remulla, Bolilia, Bondoc, De Venecia, Herrera-Dy, Romualdo, Fariñas (R.C.), Suarez (D.), Bautista, Taduran, Delos Santos, Zarate, Singson, Estrella, Gonzales (A.), Arenas, Oaminal, Deloso-Montalla, Lara, Aragones, Sarmiento, Acosta-Alba, Robes, Ferrer (J.M.), Bravo, Acop, Tutor | |
| DATE APPROVED ON SECOND READING : 2020-03-09 | |
| THIRD READING INFORMATION | |
| DATE COPY DISTRIBUTED TO MEMBERS: 2020-03-10 | |
| DATE APPROVED BY THE HOUSE ON THIRD READING :2020-05-20 | |
| THIRD READING TITLE :AN ACT ENCOURAGING CORPORATE SOCIAL RESPONSIBILITY, PROVIDING INCENTIVES THEREFOR | |
| HOUSE VOTES: YEAS:209 NAYS:0 ABSTAIN:.0 | |
| Voting Details Per Member(Legend:Y-Yes N-No A-Abstain X-Did Not Vote B-Absent D-N/A) | |
| Y---Abante | B---Abaya--(Absent) |
| Y---Abellanosa | Y---Abu |
| Y---Abueg-Zaldivar | Y---Abunda |
| Y---Acop | B---Acosta--(Absent) |
| Y---Acosta-Alba | B---Adiong--(Absent) |
| Y---Advincula | Y---Agabas |
| B---Agarao--(Absent) | Y---Aglipay |
| Y---Albano (A.) | D---Albano (R.)--(N/A) |
| Y---Vargas Alfonso | Y---Almario |
| Y---Alonte | Y---Alvarez (F.) |
| B---Alvarez (G.)--(Absent) | B---Alvarez (P.)--(Absent) |
| Y---Amante-Matba | B---Amatong--(Absent) |
| Y---Andaya | Y---Angara |
| Y---Aragones | B---Arbison--(Absent) |
| Y---Arenas | Y---Macapagal Arroyo |
| Y---Arroyo | B---Atienza--(Absent) |
| B---Aumentado--(Absent) | Y---Babasa |
| Y---Bagatsing | Y---Bainto-Aguinaldo |
| Y---Balindong | B---Bañas-Nograles--(Absent) |
| Y---Barba | Y---Barbers |
| Y---Baronda | B---Barzaga--(Absent) |
| Y---Bascug | Y---Bautista |
| Y---Bautista-Bandigan | Y---Belmonte |
| Y---Benitez | B---Bernos--(Absent) |
| B---Biazon--(Absent) | Y---Billones |
| B---Biron--(Absent) | Y---Bolilia |
| Y---Bondoc | Y---Bordado |
| Y---Bravo | Y---Brosas |
| B---Bulut--(Absent) | Y---Bustos |
| Y---Cabatbat | Y---Cabochan |
| Y---Cabredo | Y---Cagas |
| Y---Calderon | B---Calixto--(Absent) |
| B---Caminero--(Absent) | Y---Campos |
| B---Canama--(Absent) | B---Caoagdan--(Absent) |
| D---Cardema--(N/A) | Y---Cari |
| Y---Castelo | Y---Castro (F.L.) |
| X---Castro (F.H.) | Y---Cayetano (A.P.) |
| Y---Cayetano (M.L.) | Y---Celeste |
| Y---Chatto | Y---Chipeco |
| Y---Chungalao | Y---Co (A.N.) |
| X---Co (E.) | X---Cojuangco |
| Y---Collantes | Y---Crisologo |
| X---Cua | Y---Cuaresma |
| Y---Cueva | X---Cullamat |
| Y---Dagooc | Y---Dalipe |
| Y---Dalog | Y---Datol |
| Y---Ruiz Daza | Y---De Jesus |
| Y---De Venecia | Y---Defensor (L.) |
| Y---Defensor (M.) | Y---Del Mar |
| Y---Delos Santos | Y---Deloso-Montalla |
| Y---Dimaporo (A.) | Y---Dimaporo (M.K.) |
| X---Duavit | X---Dujali |
| X---Duterte | Y---Dy (F.M.C.) |
| Y---Dy (F.) | X---Dy (I.P.) |
| Y---Ebcas | Y---Ecleo |
| X---Elago | Y---Enverga |
| Y---Erice | Y---Eriguel |
| Y---Ermita-Buhain | Y---Escudero |
| Y---Espina | X---Espino |
| X---Estrella | Y---Fariñas (R.C.) |
| Y---Fariñas I (R.C.) | X---Fernandez |
| X---Fernando | Y---Ferrer (J.M.) |
| X---Ferrer (L.) | X---Flores |
| D---Fongwan--(N/A) | X---Fortun |
| X---Fortuno | Y---Frasco |
| X---Fuentebella | Y---Gaite |
| X---Garbin | X---Garcia (J.E.) |
| Y---Garcia (P.J.) | Y---Garcia (V.) |
| X---Garin (J.) | X---Garin (S.) |
| Y---Gasataya | X---Gatchalian |
| Y---Gato | Y---Geron |
| Y---Go (E.C.) | Y---Go (M.) |
| X---Torres-Gomez | X---Gonzaga |
| Y---Gonzales (A.) | Y---Gonzales (N.) |
| Y---Gonzalez | Y---Gorriceta |
| Y---Guico | X---Gullas |
| Y---Guya | X---Haresco |
| Y---Hataman | Y---Hernandez |
| Y---Herrera-Dy | Y---Hofer |
| Y---Jalosjos | Y---Javier |
| X---Jimenez | X---Kho (E.) |
| X---Kho (W.) | X---Khonghun |
| Y---Labadlabad | Y---Lacson |
| Y---Lacson-Noel | Y---Lagman |
| Y---Lagon | Y---Lara |
| Y---Lazatin | X---Leachon |
| Y---Legarda | Y---Lim |
| Y---Limkaichong | X---Lopez (M.L.) |
| Y---Loyola | X---Lusotan |
| Y---Maceda | Y---Madrona |
| Y---Malapitan | X---Mangaoang |
| Y---Mangudadatu | X---Marcoleta |
| Y---Mariano-Hernandez | Y---Mariño |
| Y---Marquez | Y---Martinez |
| X---Matba | Y---Matugas |
| X---Mendoza | Y---Mercado |
| Y---Momo | Y---Natividad-Nagaño |
| X---Nava | Y---Nieto |
| Y---Noel | Y---Nograles (J.J.) |
| Y---Nograles (J.F.F.) | Y---Nolasco |
| X---Nuñez-Malanyaon | X---Oaminal |
| Y---Olivarez | Y---Ong (J.) |
| Y---Ong (R.) | D---Ordanes--(N/A) |
| X---Ortega | Y---Ouano-Dizon |
| X---Pacquiao (A.) | Y---Pacquiao (R.) |
| Y---Padiernos | Y---Paduano |
| Y---Palma | Y---Pancho |
| Y---Panotes | Y---Peña |
| Y---Pichay | Y---Pimentel |
| Y---Pineda | X---Plaza |
| X---Puno | Y---Quimbo |
| Y---Radaza | Y---Ramirez-Sato |
| Y---Ramos | Y---Remulla |
| Y---Revilla | Y---Reyes |
| Y---Rivera | Y---Robes |
| Y---Rodriguez | Y---Roman |
| X---Romero | Y---Romualdez (F.M.) |
| Y---Romualdez (Y.M.) | Y---Romualdo |
| Y---Romulo | X---Roque |
| X---Sacdalan | Y---Sagarbarria |
| X---Sakaluran | X---Salceda |
| X---Salimbangon | Y---Salo |
| Y---Salvador-Tambunting | Y---Sanchez |
| Y---Sangcopan | X---Santos-Recto |
| Y---Sarmiento | X---Saulog |
| X---Savellano | Y---Siao |
| Y---Silverio | X---Singson |
| Y---Singson-Meehan | Y---Sinsuat |
| Y---Suansing (E.) | Y---Suansing (H.) |
| Y---Suarez (A.) | Y---Suarez (D.) |
| Y---Suntay | X---Sy-Alvarado |
| Y---Taduran | Y---Tallado |
| Y---Tan (A.S.) | Y---Tan (A.) |
| X---Tan (S.) | Y---Tan (S.A.) |
| X---Tan-Tambut | X---Tejada |
| X---Teves (A.) | Y---Teves (J.) |
| Y---Tiangco | Y---Tolentino |
| Y---Tulfo | X---Tupas |
| Y---Tutor | X---Ty (A.) |
| Y---Ty (D.) | Y---Umali (A.) |
| Y---Umali (M.V.) | X---Unabia |
| X---Ungab | X---Uy (J.) |
| X---Uy (R.) | Y---Valeriano |
| Y---Valmayor | Y---Vargas |
| Y---Velasco | X---Veloso |
| Y---Vergara | Y---Villa |
| X---Villafuerte | Y---Villanueva (E.) |
| Y---Villanueva (N.) | Y---Villar |
| X---Villaraza-Suarez | X---Villarica |
| Y---Violago | Y---Yap (E.) |
| Y---Yap (V.) | X---Yu |
| Y---Zamora (R.) | Y---Zamora (W.K.) |
| X---Zarate | Y---Zubiri |
| DATE TRANSMITTED TO THE SENATE: 2020-05-21 | |
| ACTIONS TAKEN BY THE SENATE/HOUSE | |
| DATE RECEIVED BY THE SENATE: 2020-05-21 | |
| REMARKS : |
Senate Legislative History
Entitled: AN ACT ENCOURAGING CORPORATE SOCIAL RESPONSIBILITY, PROVIDING INCENTIVES THEREFOR [ FIRST REGULAR SESSION, 18TH CONGRESS ] [ 2020 ] Introduced by Representatives JUAN MIGUEL MACAPAGAL ARROYO, ENRICO A. PINEDA, TYRONE D. AGABAS, MICHAEL L., PHD. ROMERO, et. al.; Approved on Third Reading by the House of Representatives on May 20, 2020; 5/21/2020 Sent to the Senate requesting for concurrence; 5/27/2020 Read on First Reading and Referred to the Committee on TRADE, COMMERCE AND ENTREPRENEURSHIP; 2/11/2021 Conducted TECHNICAL WORKING GROUP;
Abstract
Refers corporate social responsibility (CSR) to the commitment of business to contribute on a voluntary basis to sustainable economic development by working with relevant stakeholders to improve their lives in ways that are good for business, sustainable development agenda and society at large.Defines CSR-related activities as charitable programs and projects; scientific research; youth and sports development; cultural or educational promotion; services to veterans and senior citizens; social welfare; environmental sustainability; health development; disaster relief and assistance; and employee and worker welfare related related CSR activities.Allows stock corporations to retain surplus profits in excess of one hundred per cent (100%) of their paid-in capital stock to be used to definite corporate expansion or corporate social responsibility projects and programs approved by the directors.Mandates the Department of Trade and Industry to recognize and reward all business organizations for outstanding, innovative and world-class CSR-related services, projects and programs , and extend endorsement and encouragements to domestic and foreign corporations doing business in the Philippines which are candidates for recognition in international award-giving bodies for their CSR-related activities.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.