Bill Type
Congress Name
Long Title
AN ACT PROVIDING FOR THE PAYMENT THROUGH VETERANS BONDS OF ARREARAGES IN THE VETERANS PENSIONS AS MANDATED BY REPUBLIC ACT NO. 7696 AND FOR OTHER PURPOSES
Date filed
July 6, 2001
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. House Bill No. 787, 12th Congress of the Republic | |
| FULL TITLE : AN ACT PROVIDING FOR THE PAYMENT THROUGH VETERANS BONDS OF ARREARAGES IN THE VETERANS PENSIONS AS MANDATED BY REPUBLIC ACT NO. 7696 AND FOR OTHER PURPOSES | |
| ABSTRACT : The Secretary of Finance, with the approval of the President of the Philippines, after consultation with the Monetary Board, is authorized to issue Veterans Bonds, in accordance with Section 1 of Republic Act No. 245, as amended, and Section 123 ofR. A> No. 7653, to meet the payment of the arrearages in the veterans pensions as mandated by R.A. No. 7696 amounting to Ten billion nine hundred twenty nine million nine hundred forty three thousand seven hundred ninety five pesos (P10,929,943,79 5.00) | |
| PRINCIPAL AUTHOR/S : VILLAR, CYNTHIA A. | |
| DATE FILED : 2001-07-06 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS (Journal Entries) : | |
| 1. Gordon (036 ) | 2. Lapus (028 ) |
| 3. Espino (035 ) | 4. Syjuco (023 ) |
| ADMINISTRATION BILL? No | |
| URGENT BILL? No | |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON VETERAN'S AFFAIRS ON 2001-07-24 |
Abstract
The Secretary of Finance, with the approval of the President of the Philippines, after consultation with the Monetary Board, is authorized to issue Veterans Bonds, in accordance with Section 1 of Republic Act No. 245, as amended, and Section 123 ofR. A> No. 7653, to meet the payment of the arrearages in the veterans pensions as mandated by R.A. No. 7696 amounting to Ten billion nine hundred twenty nine million nine hundred forty three thousand seven hundred ninety five pesos (P10,929,943,79 5.00)
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.