Entitled:
AN ACT AMENDING FOREIGN OWNERSHIP RESTRICTIONS IN SPECIFIC LAWS GOVERNING ADJUSTMENT COMPANIES, LENDING COMPANIES, FINANCING COMPANIES AND INVESTMENT HOUSES CITED IN THE FOREIGN INVESTMENT NEGATIVE LIST, EXCEPT THOSE IN THE CONSTITUTION & FOR OTHER PURPOSES
[ THIRD REGULAR SESSION, 16TH CONGRESS ]
[ 2015 ]
12/3/2015	Prepared and submitted by the Committee on ECONOMIC AFFAIRS with Senator JOSEPH VICTOR G. EJERCITO as author per Committee Report No. 321, recommending its approval in substitution of SBN-2517;
12/8/2015	Committee Report Calendared for Ordinary Business;
12/8/2015	Sponsor: Senator JOSEPH VICTOR G. EJERCITO;
12/14/2015	Transferred from the Calendar for Ordinary Business to the Calendar for Special Order;
12/14/2015	Sponsorship speech of Senator JOSEPH VICTOR G. EJERCITO;
12/15/2015	Period of interpellation closed;
12/15/2015	Period of committee amendments closed;
12/15/2015	Period of individual amendments closed;
12/15/2015	Approved on Second Reading without Amendment;
[ 2016 ]
1/7/2016	Printed copies were distributed to the Senators;
1/18/2016	Approved on Third Reading;
1/18/2016	In favor: (18) JUAN EDGARDO "SONNY" M. ANGARA, PAOLO BENIGNO "BAM" AQUINO IV, MARIA LOURDES NANCY S. BINAY, ALAN PETER COMPANERO S. CAYETANO, PIA S. CAYETANO, FRANKLIN M. DRILON, JOSEPH VICTOR G. EJERCITO, JUAN PONCE ENRILE, FRANCIS "CHIZ" G. ESCUDERO, TEOFISTO "TG" GUINGONA III, GREGORIO B. HONASAN II, MANUEL "LITO" M. LAPID, LOREN B. LEGARDA, SERGIO R. OSMENA III, AQUILINO KOKO III L. PIMENTEL, GRACE L. POE, VICENTE C. SOTTO III and ANTONIO "SONNY" F. TRILLANES;
1/18/2016	Against: N o n e ;
1/18/2016	Abstention: N o n e ;
1/20/2016	Sent to the House of Representatives requesting for concurrence;
2/1/2016	Senate requested the House of Representatives for a conference on the disagreeing provisions of SBN-3023 and HBN-6395, designating Senators Ejercito, Angara and Villar as its conferees to the Bicameral Conference Committee;
2/3/2016	House of Representatives informing the Senate that Representatives Del Rosario, Aggabao, Cua, Romualdo, Gutierrez and Tinio were designated as its conferees to the Bicameral Conference Committee on the disagreeing provisions of SBN-3023 and HBN-6395 on February 1, 2016;
2/3/2016	Conference Committee Report on the disagreeing provisions of SBN-3023 and HBN-6395, submitted to the Senate, recommending that SBN-3023 in consolidation with HBN-6395, be approved as reconciled;
2/3/2016	Sponsorship speech on the Conference Committee Report of Senator JOSEPH VICTOR G. EJERCITO;
2/3/2016	Conference Committee Report Approved by the Senate; (Transmittal letter sent to the House of Representatives on February 11, 2016);
5/23/2016	Conference Committee Report Approved by the House of Representatives;
6/16/2016	Enrolled copies of the consolidated version of SBN-3023 and HBN-6395, sent to the Office of the President of the Philippines through PLLO, for the signature and approval of His Excellency President Benigno S. Aquino III;
FINAL TITLE: AN ACT AMENDING INVESTMENT ESTRICTIONS IN SPECIFIC LAWS GOVERNING ADJUSTMENT COMPANIES, LENDING COMPANIES, FINANCING COMPANIES AND INVESTMENT HOUSES CITED IN THE FOREIGN INVESTMENT NEGATIVE LIST AND FOR OTHER PURPOSES
6/30/2016	Enacted into Law without Executive Approval Pursuant to the provisions of Section 27(1), Article VI of the Constitution on July 17, 2016 and Became
6/30/2016	REPUBLIC ACT NO. 10881.
(Pursuant to paragraph g, Sec. 7, Rule V of the Rules of the Senate, R.A.No. 10881 (SBN-3023/HBN-6395) with pertinent documents transmitted to the Legislative Records and Archives Service for safekeeping and preservation on August 9, 2016)
(The legislative history/plenary deliberations is prepared by the INDEXING, MONITORING AND LIS SECTION, LEGISLATIVE BILLS AND INDEX SERVICE; The data entry re conducted committee meetings/hearings, conducted technical working group, is prepared by the Committee concerned/Committee Affairs Bureau)