Bill Type
Long Title
AN ACT ENSURING PHILIPPINE FINANCIAL INDUSTRY RESILIENCY AGAINST THE COVID-19 PANDEMIC
Short Title
FINANCIAL INSTITUTIONS STRATEGIC TRANSFER (FIST) ACT
Sponsor
Date filed
September 24, 2020
Scope
Legislative Status Date
Session Sequence No.
16
Session Type
Document Certification

Committee Details

Secondary Committee
Committee Report No.
116

Floor Activity

Floor Activity
Date Parliamentary status Senator(s)
9/28/2020 Sponsorship Speech Poe, Grace
12/15/2020 Sponsorship Speech on the Conference Committee Report Poe, Grace

Legislative History

Entitled:
AN ACT ENSURING PHILIPPINE FINANCIAL INDUSTRY RESILIENCY AGAINST THE COVID-19 PANDEMIC
[ SECOND REGULAR SESSION, 18TH CONGRESS ]
[ 2020 ]
9/24/2020 Prepared and submitted jointly by the Committees on BANKS, FINANCIAL INSTITUTIONS AND CURRENCIES and WAYS AND MEANS with Senators IMEE R. MARCOS, MANUEL "LITO" M. LAPID, RALPH G. RECTO and GRACE POE as authors per Committee Report No. 116, recommending its approval in substitution of SBNos. 1594, 1596, 1652, taking into consideration HBN-6816;;
9/28/2020 Committee Report Calendared for Ordinary Business;
9/28/2020 Sponsor: Senator GRACE POE;
9/28/2020 Transferred from the Calendar for Ordinary Business to the Calendar for Special Order;
9/28/2020 Sponsorship speech delivered by Senator GRACE POE;
11/9/2020 Certified by the President of the Philippines for its IMMEDIATE enactment on 10/16/2020;
11/10/2020 Period of interpellation closed;
11/10/2020 Period of committee amendments closed;
11/10/2020 Period of individual amendments;
11/10/2020 Perod of individual amendments closed;
11/10/2020 Approved on Second Reading with Amendments;
11/10/2020 Approved on Third Reading;
11/11/2020 Letter from Senator JOEL VILLANUEVA, conveying his intention to be made co-author of SBN-1849, received by LBIS;
11/17/2020 Sent to the House of Representatives requesting for concurrence;
11/26/2020 Senate designated Senators GRACE L. POE, RALPH G. RECTO and FRANKLIN M. DRILON as conferees to the Bicameral Conference Committee on the disagreeing provisions of SBN-1849 and HBN-6816;
12/9/2020 House of Representatives designated Representatives Cua, Tiangco and Quimbo as its conferees to the Bicameral Conference Committee on the disagreeing provisions of SBN-1849 and HBN-6816 on December 2, 2020;
12/14/2020 Conference Committee Report on the disagreeing provisions of SBN-1849 and HBN-6816, submitted to the Senate, recommending that SBN-1849, in consolidation with HBN-6816, be approved in accordance with the attached copy of the bill as reconciled and approved by the conferees
12/15/2020 Sponsorship speech of Senator GRACE POE on the conference committee report;
12/15/2020 Conference Committee Report Approved by the Senate;
12/17/2020 Conference Committee Report Approved by the House of Representatives on December 16, 2020;
[ 2021 ]
1/25/2021 Letter for Senate Secretary Myra Marie D. Villarica, returning eight (8) enrolled copies of the consolidated version of SBN-1849 and HBN-6816, which were signed by Speaker Lord Allan Jay Q. Velasco and Secretary General Mark Llandro L. Mendoza;
1/26/2021 Enrolled copies of the consolidated version of SBN-1849 and HBN-6816, sent to the Office of the President of the Philippines through PLLO for the signature and approval of His Excellency, President Rodrigo Roa Duterte;
2/22/2021 Approved and signed into law, in consolidation with HBN-6816, by the President of the Philippines, His Excellency, President Rodrigo Roa Duterte on February 16, 2021 and became
2/22/2021 REPUBLIC ACT NO. 11523.
(Pursuant to paragraph g, Sec. 7, Rule V of the Rules of the Senate, R.A.No. 11523 (SBN-1849/HBN-6816) with the pertinent documents transmitted to the Legislative Records and Archives Service for safekeeping and preservation on June 16, 2021)

President's Action

Date Received by the President
Date Signed by the President