SB 940
Senate·20th Congress·Filed Aug 5, 2025
Gfis Unified Initiatives to Distressed Enterprises for Economic Recovery (Guide) Act
An Act Providing for Government Financial Institutions Unified Initiatives to Distressed Enterprises for Economic Recovery (Guide), Amending Executive Order No. 81, as Amended by Republic Act No. 8523, and for Other Purposes
In plain language
The GUIDE Act would let the Development Bank and LandBank give more loans and credit support to small businesses and local governments hurt by COVID‑19, and would let them set up a joint holding company to invest in larger firms that are temporarily insolvent.
Public Works and InfrastructureBusiness, Trade and IndustryGovernment Administration
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
Subjects
Government Financial Institutions
Official sources
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Printed from CivicSync PH: https://civicsync-ph-gamma.vercel.app/bills/SBN-940. Status changes over time; check the link for the latest.
SBN-940 · Sources: BetterGov Open Congress, BatasWatch