HB 4475
House·20th Congress·Filed Sep 9, 2025
An Act Providing for a Facility Within Government Financial Institutions to Enable Local Government Units, Local Water Districts, and Electric Cooperatives to Retake Failed or Abandoned Privatization of Public Utilities, and for Other Purposes
In plain language
The bill would set up a loan program inside DBP and LBP so that LGUs, water districts and electric co‑ops can buy and run utilities that private operators have abandoned, using low‑interest, long‑term loans for assets, repairs, debts and capacity building.
Public 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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HB04475 · Sources: BetterGov Open Congress, BatasWatch