In a productive single session, the House of Representatives approved a total of 13 priority measures of President Ferdinand Marcos, Jr. included in the Common Legislative Agenda of the Legislative-Executive Advisory Council (LEDAC) to ensure better public services for Filipinos and expedite economic growth.
It could be recalled that prior to the resumption of the session last month, Speaker Martin Romualdez reiterated the unwavering commitment of the House to act swiftly on the proposed P5.26-trillion national budget for 2023 and the priority measures under the LEDAC’s CLA.
Both the House and the Senate recently ratified the bicameral conference committee report on the 2023 national budget, which is expected to be signed by Marcos when he returns from his trip to Belgium to attend the EU-ASEAN Commemorative Summit.
“We will continue working on the passage of other LEDAC-priority bills,” Romualdez said.
“The Philippines may soon become the favorite investment destination in Asia.”
“We are on the first stage to full economic recovery, and we are marching in the right direction. Judging from interests shown by global businessmen in our international roadshow with the President, the Philippines may soon become the favorite investment destination in Asia,” the veteran legislator added.
“Stay the course with us, and share the benefits of progress and development. The best is yet to come.”
“We, in Congress, are committed to bring this goal to reality. Stay the course with us, and share the benefits of progress and development. The best is yet to come,” the seasoned lawmaker stressed.
Approved on the third and final reading during Monday’s session were the following measures: National Disease Prevention Management Authority or Center for Disease Control and Prevention Medical Reserve Corps (HEART), Agrarian Reform Debts Condonation, Philippine Passport Act, and Internet Transaction Act / E-Commerce Law.
The House likewise approved the Waste-to-Energy Bill, Free Legal Assistance for Police and Soldiers, Apprenticeship Act, Public–Private Partnership (PPP) Act, Magna Carta of Barangay Health Workers, Valuation Reform Bill (Package 3), Eastern Visayas Development Authority (EVDA), and the Leyte Ecological Industrial Zone.
The House recently approved two other measures included in the CLA of LEDAC, namely the Virology Institute of the Philippines, and the Passive Income and Financial Intermediary Taxation Act (PIFITA), which is the fourth package under the Comprehensive Tax Reform Program (CTRP).
Apart from the passage of these measures, the House also approved on second reading Monday night the Government Financial Institutions Unified Initiatives to Distressed Enterprises for Economic Recovery (GUIDE) bill, another measure under the CLA.
Two other bills in the CLA adopted by the LEDAC, namely the SIM Registration Act and the Resetting of the Barangay and Sangguniang Kabataan elections have been signed into law by Marcos.