HB 2412
House·20th Congress·Filed Jul 28, 2025
An Act Establishing Local Cooperatives Development Fund for Each Local Government Unit (LGU) and Appropriating Funds Therefor, and for Other Purposes
In plain language
The proposal would make every province, city and municipality set aside at least 1 % of their internal revenue allocation (or 2 % for poorer LGUs) to a new Local Cooperatives Development Fund that finances cooperative‑related projects and services.
Local GovernmentConstitutional and Electoral MattersPublic Works and Infrastructure
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
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Official sources
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HB02412 · Sources: BetterGov Open Congress, BatasWatch