Bill Type
Long Title
AN ACT AMENDING SECTION 8 OF REPUBLIC ACT 6426, OTHERWISE KNOWN AS THE "FOREIGN CURRENCY DEPOSIT ACT OF THE PHILIPPINES"
Congress Author
Date filed
July 1, 2013
Scope

Legislative History

House Bill/Resolution NO. HB00619
FULL TITLE : AN ACT AMENDING SECTION 8 OF REPUBLIC ACT 6426, OTHERWISE KNOWN AS THE "FOREIGN CURRENCY DEPOSIT ACT OF THE PHILIPPINES"
ABSTRACT : Seeks to lessen and avoid public officials and employees from using the law in hiding allegedly illegal and ill-gotten wealth that they have acquired by converting their income into foreign deposits.
PRINCIPAL AUTHOR/S : PIAMONTE, MARIANO JR. U.
DATE FILED : 2013-07-01
SIGNIFICANCE: NATIONAL
NATURE : Reform
CO-AUTHORS :
1. Cortuna
ACTIONS TAKEN BY THE COMMITTEE
COMMITEE HEARINGS/ACTIONS:
      1. Scheduled for first meeting/hearing on 2014-02-11
      2. Approved by the Committee on Appropriations on 2014-02-11
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON BANKS AND FINANCIAL INTERMEDIARIES ON 2013-07-24

Abstract

Seeks to lessen and avoid public officials and employees from using the law in hiding allegedly illegal and ill-gotten wealth that they have acquired by converting their income into foreign deposits.

Disclaimer

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