17th Congress

Committee Report No. 22

CORPORATION CODE OF THE PHILIPPINES
Filed on December 13, 2016

MATTERS REPORTED OUT

 SBN-1280: Corporation Code of the Philippines

 17th Congress
Senate Bill No. 1280
 CORPORATION CODE OF THE PHILIPPINES
 Filed on December 13, 2016 by Escudero, Francis "Chiz" G., Drilon, Franklin M., Aquino
IV, Paolo Benigno "Bam", Angara, Juan Edgardo "Sonny" M., Zubiri, Juan Miguel F.,
Binay, Maria Lourdes Nancy S., Ejercito, Joseph Victor G., Gatchalian, Sherwin T.,
Gordon, Richard J., Honasan II, Gregorio B., Hontiveros, Risa, Lacson, Panfilo M.,
Pacquiao, Emmanuel "Manny" D., Pangilinan, Francis N., Pimentel, Aquilino Koko III
L., Poe, Grace L., Sotto III, Vicente C., Trillanes, Antonio "Sonny" F., Villanueva, Joel,
Villar, Cynthia A., De Lima, Leila M.
 Long title
AN ACT AMENDING BATAS PAMBANSA BLG. 68 OR THE CORPORATION
CODE OF THE PHILIPPINES
Scope
National
Legislative status
Passed by Both Houses (11/28/2018)

 SBN-81: One-Person Corporations Act

 17th Congress
Senate Bill No. 81
 ONE-PERSON CORPORATIONS ACT
 Filed on June 30, 2016 by Escudero, Francis "Chiz" G.
 Long title
AN ACT ALLOWING ONE PERSON CORPORATIONS, AMENDING FOR
THE PURPOSE PERTINENT PROVISIONS OF BATAS PAMBANSA BLG. 68 OR
THE CORPORATION CODE OF THE PHILIPPINES, AS AMENDED
Scope
National
Legislative status
Consolidated/Substituted in the Committee Report (12/13/2016)

 SBN-231: Corporation Code of the Philippines, Revision

 17th Congress
Senate Bill No. 231
 CORPORATION CODE OF THE PHILIPPINES, REVISION
 Filed on July 4, 2016 by Drilon, Franklin M.
 Long title
AN ACT REVISING THE CORPORATION CODE OF THE PHILIPPINES
Scope
National
Legislative status
 Consolidated/Substituted in the Committee Report (12/13/2016)

 SBN-692: Corporation Code

 17th Congress
Senate Bill No. 692
 CORPORATION CODE
 Filed on July 20, 2016 by Aquino IV, Paolo Benigno "Bam"
 Long title
AN ACT AMENDING BATAS PAMBANSA BLG. 68 OTHERWISE KNOWN AS
THE CORPORATION CODE OF THE PHILIPPINES
Scope
National
Legislative status
Consolidated/Substituted in the Committee Report (12/13/2016)

 SBN-1011: Corporation Code of the Philippines

 17th Congress
Senate Bill No. 1011
 CORPORATION CODE OF THE PHILIPPINES
 Filed on August 9, 2016 by Angara, Juan Edgardo "Sonny" M.
 Long title
AN ACT AMENDING BATAS PAMBANSA BLG. 68 OR THE CORPORATION
CODE OF THE PHILIPPINES
Scope
National
Legislative status
Consolidated/Substituted in the Committee Report (12/13/2016)
 UPDATE

17th Congress
Senate Bill No. 1280
CORPORATION CODE OF THE PHILIPPINES

Filed on December 13, 2016 by Escudero, Francis "Chiz" G., Drilon, Franklin M., Aquino IV, Paolo Benigno
"Bam", Angara, Juan Edgardo "Sonny" M., Zubiri, Juan Miguel F., Binay, Maria Lourdes Nancy S., Ejercito,
Joseph Victor G., Gatchalian, Sherwin T., Gordon, Richard J., Honasan II, Gregorio B., Hontiveros, Risa,
Lacson, Panfilo M., Pacquiao, Emmanuel "Manny" D., Pangilinan, Francis N., Pimentel, Aquilino Koko III
L., Poe, Grace L., Sotto III, Vicente C., Trillanes, Antonio "Sonny" F., Villanueva, Joel, Villar, Cynthia A.,
De Lima, Leila M.

Sponsor(s)

Drilon, Franklin M.

Co-sponsor(s)

Zubiri, Juan Miguel F., Escudero, Francis "Chiz" G., Aquino IV, Paolo Benigno "Bam",
Angara, Juan Edgardo "Sonny" M.

Document certification

No Certification

Floor activity

JOURNAL Date Parliamentary status Senator(s)

No. 47 12/13/2016 Sponsorship Speech Drilon, Franklin M.
12/13/2016 Co-Sponsorship Speech Zubiri, Juan Miguel
F.
No. 56 1/31/2017 Interpellation De Lima, Leila M.
No. 59 2/7/2017 Interpellation Villanueva, Joel
No. 66 2/22/2017 Period of Interpellation Closed
2/22/2017 Interpellation Recto, Ralph G.
No. 76 5/2/2017 Motion Drilon, Franklin M.
5/2/2017 Period of Committee Amendments Closed
No. 78 5/8/2017 Period of Individual Amendments
No. 79 5/9/2017 Period of Individual Amendments
No. 4 7/30/2018 Manifestation Drilon, Franklin M.
No. 5 7/31/2018 Period of Individual Amendments
7/31/2018 Manifestation Drilon, Franklin M.
No. 6 8/1/2018 Period of Individual Amendments Closed
No. 39 11/28/2018 Sponsorship Speech on the Conference Committee Drilon, Franklin M.
Report

Vote(s)

Type of vote
 Third Reading (8/7/2018)
Voted Yes Voted No
Angara, Juan Edgardo "Sonny" M.
Binay, Maria Lourdes Nancy S.
Drilon, Franklin M.
Ejercito, Joseph Victor G.
Escudero, Francis "Chiz" G.
Gatchalian, Sherwin T.
Gordon, Richard J.
Honasan II, Gregorio B.
Hontiveros, Risa
Lacson, Panfilo M.
Legarda, Loren B.
Pacquiao, Emmanuel "Manny" D.
Pangilinan, Francis N.
Pimentel, Aquilino Koko III L.
Poe, Grace L.
Recto, Ralph G.
Sotto III, Vicente C.
Villanueva, Joel
Villar, Cynthia A.
Zubiri, Juan Miguel F.
Type of vote
Third Reading (8/7/2018)
Voted Yes Voted No
Angara, Juan Edgardo "Sonny" M.
Binay, Maria Lourdes Nancy S.
Drilon, Franklin M.
Ejercito, Joseph Victor G.
Escudero, Francis "Chiz" G.
Gatchalian, Sherwin T.
Gordon, Richard J.
Honasan II, Gregorio B.
Hontiveros, Risa
Lacson, Panfilo M.
Legarda, Loren B.
Pacquiao, Emmanuel "Manny" D.
Pangilinan, Francis N.
Pimentel, Aquilino Koko III L.
Poe, Grace L.
Recto, Ralph G.
Sotto III, Vicente C.
Villanueva, Joel
Villar, Cynthia A.
Zubiri, Juan Miguel F.
 LEGISLATIVE HISTORY

Entitled:
AN ACT AMENDING BATAS PAMBANSA BLG. 68 OR THE CORPORATION
CODE OF THE PHILIPPINES
[ FIRST REGULAR SESSION, 17TH CONGRESS ]
[ 2016 ]
12/13/2016 Prepared and submitted jointly by the Committee(s) on
CONSTITUTIONAL AMENDMENTS AND REVISION OF CODES and
TRADE, COMMERCE AND ENTREPRENEURSHIP with Senator(s)
FRANCIS "CHIZ" G. ESCUDERO, FRANKLIN M. DRILON, PAOLO
BENIGNO "BAM" AQUINO IV, JUAN EDGARDO "SONNY" M. ANGARA
and JUAN MIGUEL F. ZUBIRI as author(s) per Committee Report No.
22, recommending its approval in substitution of SBNos. 81, 231, 692
and 1011;
12/13/2016 Committee Report Calendared for Ordinary Business;
12/13/2016 Sponsors: Senator(s) FRANKLIN M. DRILON, JUAN MIGUEL F.
ZUBIRI, FRANCIS "CHIZ" G. ESCUDERO, PAOLO BENIGNO "BAM"
AQUINO IV and JUAN EDGARDO "SONNY" M. ANGARA;
12/13/2016 Transferred from the Calendar for Ordinary Business to the Calendar
for Special Order;
12/13/2016 Sponsorship speech of Senator FRANKLIN M. DRILON;
12/13/2016 Co-sponsorship speech of Senator JUAN MIGUEL F. ZUBIRI;
[ 2017 ]
1/31/2017 Interpellation of Senator LEILA M. DE LIMA;
2/7/2017 Interpellation of Senator JOEL VILLANUEVA;
2/22/2017 Interpellation of Senator RALPH G. RECTO;
2/22/2017 Period of interpellation closed;
5/2/2017 Period of committee amendments closed;
5/2/2017 Period of Individual amendments;
5/2/2017 Senator FRANKLIN M. DRILON proposed to amend by substitution
SBN-1280, in accordance with Rule XXIX, second paragraph of Sec.
82 of the Rules of the Senate;
5/2/2017 Motion of Senator FRANKLIN M. DRILON was approved;
5/8/2017 Period of individual amendments;
5/9/2017 Period of individual amendments;
5/15/2017 Printed copies amended as of May 9, 2017, were distributed to the
Senators;
[ THIRD REGULAR SESSION ]
[ 2018 ]
7/30/2018 Manifestation of Senator FRANKLIN M. DRILON;
7/31/2018 Period of individual amendments;
7/31/2018 Manifestation of Senator FRANKLIN M. DRILON;
8/1/2018 Period of individual amendments;
8/1/2018 Period of individual amendments closed;
8/1/2018 Approved on Second Reading with Amendments;
8/1/2018 Motion of Senator Drilon that all Senators present be made coauthors
of SBN-1280, namely Senate President Sotto III, Senators Angara,
Binay, Ejercito, Gatchalian, Gordon, Honasan II, Hontiveros, Lacson,
Pacquiao, Pangilinan, Pimentel III, Poe, Trillanes IV, Villanueva, Villar
and Zubiri;
AMENDED TITLE: AN ACT PROVIDING FOR THE REVISED CORPORATION
CODE OF THE PHILIPPINES
8/2/2018 Printed copies were distributed to the Senators;
8/7/2018 Approved on Third Reading;
8/7/2018 In favor: (20) Senators JUAN EDGARDO "SONNY" M. ANGARA,
MARIA LOURDES NANCY S. BINAY, FRANKLIN M. DRILON, JOSEPH
VICTOR G. EJERCITO, FRANCIS "CHIZ" G. ESCUDERO, SHERWIN T.
GATCHALIAN, RICHARD J. GORDON, GREGORIO B. HONASAN II,
RISA HONTIVEROS, PANFILO M. LACSON, LOREN B. LEGARDA,
EMMANUEL "MANNY" D. PACQUIAO, FRANCIS N. PANGILINAN,
AQUILINO KOKO III L. PIMENTEL, GRACE L. POE, RALPH G. RECTO,
VICENTE C. SOTTO III, JOEL VILLANUEVA, CYNTHIA A. VILLAR and
JUAN MIGUEL F. ZUBIRI;
8/7/2018 Against: (None) ;
8/7/2018 Abstention: (None) ;
8/7/2018 Letter from Senator LEILA M. DE LIMA on even date, conveying her
intention to be made coauthor of SBN-1280, received by the LBIS;
8/9/2018 Sent to the House of Representatives requesting for concurrence;
11/13/2018 Senate requested the House of Representatives for a conference on
the disagreeing provisions of SBN-1280 and HBN-8374, designating
Senators Drilon, Angara and Villanueva as its conferees to the
Bicameral Conference Committee;
11/26/2018 House of Representatives designated Representatives Biron,
Romualdo, Vergara, Zubiri, Tambunting, Primicias-Agabas, Escudero,
Yap, Salo and Arcillas as conferees to the Bicameral Conference
Committee on the disagreeing provisions of SBN-1280 and HBN-8374
on November 14, 2018;
11/26/2018 Senate President Sotto III designated Senator Zubiri as additional
member of the Senate panel in the Bicameral Conference Committee
on the disagreeing provisions of SBN-1280 and HBN-8374;
11/28/2018 Conference Committee Report on the disagreeing provisions of SBN-
1280 and HBN-8374, submitted to the Senate, recommending the
ratification of the attached copy of the Reconciled bill;
11/28/2018 Sponsorship speech on the conference committee report of Senator
FRANKLIN M. DRILON;
11/28/2018 Conference Committee Report Approved by the Senate;
12/4/2018 Conference Committee Report Approved by the House of
Representatives on November 28, 2018;