HB 4017

House·20th Congress·Filed Aug 26, 2025

An Act Establishing a Special Debt Restructuring Program for the Albay Electric Cooperative (Aleco) and Other Distressed Electric Cooperatives as the National Electrification Administration (Nea) May Identify, Providing a Refinancing Facility, a Tax Amnesty, and for Other Purposes

In plain language

The proposal creates a ₱3 billion fund to refinance the debts of the Albay Electric Cooperative and other distressed cooperatives, offering loans at a rate 3 % below market, a one‑time tax amnesty, and new governance rules to improve service and lower consumer bills.

EnergyTaxationGovernment Administration

Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.

Author · Representative

Adrian Salceda
RepresentativeAlbay, 3rd District
Receipts →

Official sources

Similar in what they’d do, filed by any lawmaker.

HB 5864· Filed Nov 11, 2025
An Act Establishing a Special Financial Relief and Restructuring Program for the Albay Electric Cooperative (Aleco) and Other Distressed Electric Cooperatives as the National Electrification Administration (Nea) May Identify, Providing for a Revolving Refinancing Facility, Authorizing the Waiver of Surcharges, Penalties, and Interests, and for Other Purposes
Pending with the Committee on ENERGY since 2025-11-17Rep. Adrian E. Salceda
HB 7291· Filed Jan 26, 2026
An Act Providing for the Condonation of Unpaid Interests, Penalties, and Surcharges and Establishing a Special Debt Restructuring Program for All Ailing and Distressed Electric Cooperatives as the National Electrification Administration May Identify, Providing a Refinancing Facility, a Tax Amnesty, and for Other Purposes
Pending with the Committee on ENERGY since 2026-01-28Rep. Sergio C. Dagooc +1
HB 8087· Filed Feb 25, 2026
An Act Granting the Condonation of the Unpaid Interests, Penalties, and Surcharges on the Overdue Obligations of the Basilan Electric Cooperative, Inc. to the National Power Corporation
Approved by the House on 2026-03-10, transmitted to the Senate on 2026-03-11 and received by the Senate on 2026-03-11Rep. Ustadz Yusop T. Alano +24
SB 867· Filed Aug 4, 2025
Revised Cooperative Code of the Philippines
Consolidated/substituted in the committee reportSen. Jinggoy Ejercito Estrada
SB 1093· Filed Aug 7, 2025
Pondo Sa Pagbabago at Pag-Asenso (P3) Act
Pending in the committeeSen. Win T. Gatchalian

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HB04017 · Sources: BetterGov Open Congress, BatasWatch