Entitled:
AN ACT ADJUSTING THE 13TH MONTH PAY AND OTHER BENEFITS CEILING EXCLUDED FROM THE COMPUTATION OF GROSS INCOME FOR PURPOSES OF INCOME TAXATION, AMENDING FOR THE PURPOSE SECTION 32 (B), CHAPTER VI OF THE NATIONAL INTERNAL REVENUE CODE OF 1997, AS AMENDED
[ SECOND REGULAR SESSION, 16TH CONGRESS ]
[ 2014 ]
10/22/2014	Prepared and submitted by the Committee on WAYS AND MEANS with Senator(s) RALPH G. RECTO, MANUEL "LITO" M. LAPID, JUAN EDGARDO "SONNY" M. ANGARA and CYNTHIA A. VILLAR as author(s) per Committee Report No. 84, Recommending its approval in substitution of SBNos. 256, 452, 1838, 1944 and 2157, taking into consideration HBN-4970;
10/22/2014	Sponsor: Senator Sonny Angara;
10/22/2014	Committee Report Calendared for Ordinary Business;
10/22/2014	Letter of Senator CYNTHIA A. VILLAR dated October 9, 2014, requesting that she be made coauthor of SBN-256 which was substituted by SBN-2437 per Committee Report No. 84, received by the LBIS;
10/22/2014	Transferred from the Calendar for Ordinary Business to the Calendar for Special Order;
10/22/2014	Sponsorship speech of Senator JUAN EDGARDO "SONNY" M. ANGARA;
10/22/2014	Co-sponsorship speech of Senator RALPH G. RECTO;
10/22/2014	Co-sponsorship speech of Senator MANUEL "LITO" M. LAPID;
10/22/2014	Senator LOREN B. LEGARDA was made coauthor as manifested by Senator Angara;
10/22/2014	All Senators present were made coauthors: Senators PAOLO BENIGNO "BAM" AQUINO IV, ALAN PETER COMPANERO S. CAYETANO, PIA S. CAYETANO, FRANKLIN M. DRILON, JOSEPH VICTOR G. EJERCITO, FRANCIS "CHIZ" G. ESCUDERO, TEOFISTO "TG" GUINGONA III, GREGORIO B. HONASAN II, SERGIO R. OSMENA III, AQUILINO KOKO III L. PIMENTEL, VICENTE C. SOTTO III and ANTONIO "SONNY" F. TRILLANES;
11/18/2014	Period of interpellation closed;
11/18/2014	Period of committee amendments;
11/18/2014	Period of committee amendments closed;
11/18/2014	Period of individual amendments closed;
11/18/2014	Approved on Second Reading with Amendments;
11/18/2014	Motion of Senator Cayetano A., that all Senators present were made coauthors (Senators Angara, Aquino, Binay, Cayetano A.P., Cayetano P., Drilon, JV Ejercito, Escudero, Honasan, Lapid, Legarda, Osmena, Pimentel III, Sotto, and Poe);
11/19/2014	Printed copies were distributed to the Senators;
11/26/2014	Approved on Third Reading;
11/26/2014	In favor: (14) JUAN EDGARDO "SONNY" M. ANGARA, PAOLO BENIGNO "BAM" AQUINO IV, MARIA LOURDES NANCY S. BINAY, PIA S. CAYETANO, FRANKLIN M. DRILON, JOSEPH VICTOR G. EJERCITO, TEOFISTO "TG" GUINGONA III, GREGORIO B. HONASAN II, MANUEL "LITO" M. LAPID, LOREN B. LEGARDA, FERDINAND "BONGBONG" R. MARCOS, GRACE L. POE, RALPH G. RECTO and VICENTE C. SOTTO III;
11/26/2014	Against: N o n e ;
11/26/2014	Abstention: N o n e ;
11/26/2014	Senate requested the House of Representatives for a conference on the disagreeing provisions of SBN-2437 and HBN-4970, designating Senators Angara, Recto, Lapid, Aquino and Binay as its conferees to the Bicameral Conference Committee;
12/9/2014	Letter from the House of Representatives informing the Senate that it adopted SBN-2437 as an amendment to HBN-4970 on December 1, 2014;
12/18/2014	Enrolled copies of the consolidated version of HBN-4970 nd SBN-2437, received by the Senate for the signature of Senate Secretary Yabes and Senate President Drilon;
[ 2015 ]
1/12/2015	Enrolled copies of the consolidated version of HBN-4970 and SBN-2437, returned to the House of Representatives already signed by Senate Secretary Yabes and Senate President Drilon;
2/18/2015	Consolidated with HBN-4970, which was Approved and Signed into Law by the President of the Philippines, His Excellency President Benigno S. Aquino III on February 12, 2015 and became;
2/18/2015	REPUBLIC ACT 10653.
(Pursuant to paragraph g, Sec. 7, Rule V of the Rules of the Senate, REPUBLIC ACT NO. 10653(HBN-4970/SBN-2437) with pertinent documents transmitted to the Legislative Records and Archives Service for safekeeping and preservation on February 25, 2015)
(Prepared by the Indexing, Monitoring and LIS Section, Legislative Bills and Index Service)