HB 4822

House·20th Congress·Filed Sep 23, 2025

An Act for the Condonation of Unpaid Interests, Penalties, Surcharges, and Unremitted Universal Charges on the Overdue Obligations of the Basilan Electric Cooperative, Inc. to the National Power Corporation

In plain language

The bill proposes to wipe out all interest, surcharge, penalty and universal charges that BASELCO owes to NPC since 1999, and to apply the Php 3.821 billion already paid by BASELCO toward its remaining principal debt, while also setting up a one‑time repayment plan with performance reporting.

Energy

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

Authors · 3 Representatives

Official sources

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

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
HB 8619· Filed Mar 17, 2026
An Act Granting the Condonation of the Unpaid Interests, Penalties, and Surcharges on the Overdue Obligations of the Maguindanao Electric Cooperative, Inc. to the Power Sector Assets and Liabilities Management Corporation
Approved by the House on 2026-05-20, transmitted to the Senate on 2026-05-25 and received by the Senate on 2026-05-25Rep. Sergio C. Dagooc +25
HB 6099· Filed Nov 18, 2025
An Act Providing for the Condonation of Unpaid Interests, Penalties, Surcharges, and Unremitted Universal Charges on the Overdue Obligations of the Lanao Del Sur Electric Cooperative, Inc. to the Power Sector Assets and Liabilities Management Corporation
Substituted by HB08620Rep. Ziaur-Rahman "Zia" Alonto Adiong
HB 7479· Filed Jan 29, 2026
An Act Providing for the Condonation of Unpaid Interests, Penalties, and Surcharges on the Overdue Obligations of the Lanao Del Sur Electric Cooperative, Inc. and the Maguindanao Electric Cooperative, Inc. to the Power Sector Assets and Liabilities Management Corporation
Measure recommitted on 2026-02-11Rep. Sergio C. Dagooc +25
HB 3911· Filed Aug 20, 2025
An Act Providing for the Condonation of Unpaid Interests, Penalties, Surcharges, and Unremitted Universal Charges on the Overdue Obligations of the Lanao Del Sur Electric Cooperative, Inc. and the Maguindanao Electric Cooperative, Inc. to the Power Sector Assets and Liabilities Management Corporation
Substituted by HB08620Rep. Sergio C. Dagooc +1

Spot something wrong?

HB04822 · Sources: BatasWatch