SB 945
Senate·20th Congress·Filed Aug 5, 2025
Revised Warehouse Receipts Law of the Philippines
An Act Providing for the Revised Warehouse Receipts Law of the Philippines
In plain language
The bill updates the 1912 Warehouse Receipts Law by creating an online registry for electronic receipts, requiring warehouses to be accredited, insured, and bonded, and allowing those receipts to be used as loan collateral. The goal is to help farmers and small businesses get cheaper credit while protecting lenders and ensuring the safety of stored goods.
Agriculture and FisheriesConsumer ProtectionInformation and Communications Technology
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
Subjects
Warehouse Receipts
Official sources
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SBN-945 · Sources: BetterGov Open Congress, BatasWatch