Entitled:
AN ACT REDUCING THE TAX INSURANCE PREMIUM UNDER CERTAIN CONDITIONS, AMENDING FOR THIS PURPOSE SECTION 123 OF THE NATIONAL INTERNAL REVENUE CODE, AS AMENDED
[ THIRD REGULAR SESSION, 14TH CONGRESS ]
[ 2009 ]
10/15/2009	Prepared and submitted by the Committee on WAYS AND MEANS with Senator(s) JINGGOY P. EJERCITO-ESTRADA, LOREN B. LEGARDA, EDGARDO J. ANGARA and PANFILO M. LACSON as author(s) per Committee Report No. 724, recommending its approval in substitution of HBN-6017, taking into consideration SBNos. 596, 2117 and 3181;
11/9/2009	Sponsor: Senator PANFILO M. LACSON;
11/9/2009	Abstention: Senator M.A. MADRIGAL;
11/9/2009	Committee Report calendared for Ordinary Business;
11/10/2009	Transferred from Ordinary Business to Special Order;
11/10/2009	Sponsorship speech of Senator PANFILO M. LACSON;
11/16/2009	Senator Compañera PIA S. CAYETANO expressing full support on the bill and was made cosponsor;
11/16/2009	Period of interpellation closed;
11/16/2009	Period of committee amendments;
11/16/2009	Period of committee amendments closed;
11/16/2009	Period of individual amendments;
11/16/2009	Period of individual amendments closed;
11/16/2009	Approved on Second Reading with Amendments;
11/17/2009	Printed copies were distributed to the Senators;
12/1/2009	Approved on Third Reading:
12/1/2009	In favor: (10) EDGARDO J. ANGARA, BENIGNO S. AQUINO III, MIRIAM DEFENSOR SANTIAGO, JINGGOY P. EJERCITO-ESTRADA, JUAN PONCE ENRILE, GREGORIO B. HONASAN II, PANFILO M. LACSON, M. A. MADRIGAL, MAR ROXAS and JUAN MIGUEL F. ZUBIRI;
12/1/2009	Against: N o n e;
12/1/2009	Abstention: N o n e;
12/1/2009	Senate requested the House of Representatives for a conference on the disagreeing provisions of SBN-3502 and HBN-6017, and designating Senators Lacson, Angara, Zubiri and Cayetano (P.) as its conferees;
12/7/2009	House of Representatives agreed to a conference on the disagreeing provisions of SBN-3502 and HBN-6017, and designated Representatives Javier, Salvacion, Jr., Vinzons-Chato, Lapus and Noel as its conferees to the Bicameral Conference Committee; (See: O.B. dated December 14, 2009);
12/11/2009	Conference Committee Report submitted to the Senate, recommending the SBN-3502 in consolidation with HBN-6017 be approved as reconciled;
12/11/2009	The Joint Explanation of the Conference Committee Report is inserted into the Record;
12/11/2009	Conference Committee Report Approved by the Senate;
12/16/2009	Conference Committee Report approved by the House of Representatives on December 15, 2009;
[ 2010 ]
1/25/2010	Enrolled copies of the consolidated version of HBN-6017 and SBN-3502, received by the Senate for the signature of Senate Secretary Reyes and Senate President Enrile;
2/3/2010	Enrolled copies of the consolidated version of HBN-6017 and SBN-3502, sent back to the House of Representatives already signed by Senate Secretary Reyes and Senate President Enrile;
FINAL TITLE: AN ACT REDUCING THE TAXES ON LIFE INSURANCE POLICIES, AMENDING FOR THIS PURPOSE SECTIONS 123 AND 183 OF THE NATIONAL INTERNAL REVENUE CODE OF 1997, AS AMENDED
5/31/2010	Consolidated with HBN-6017 which was Approved and Signed into Law by the President of the Philippines, Her Excellency President Gloria Macapagal Arroyo, vetoing certain item, Sec. 4, "Exempting life insurance premiums from tax", on February 23, 2010, and became;
5/31/2010	REPUBLIC ACT NO. 10001. =====================