Law Summary
Appropriation of Funds
- The necessary funding to implement this conversion will be included in the General Appropriations Act for the fiscal year following the law's enactment and for subsequent years.
Effectivity of the Act
- This Act shall take effect immediately upon its approval.
- The law lapsed into effect on May 30, 1998, without the signature of the President, pursuant to the constitutional provision Article VI, Section 27(1).
Legislative Process and Ratification
- The measure originated in the House of Representatives.
- It was passed by the House on August 5, 1997.
- It was passed by the Senate on December 10, 1997.
- The document bears the signatures of key legislative officials and the President's approval lapsed as per constitutional mandate.