The bill proposes to set up a new government corporation, the Cagayan De Oro River Basin Development Authority, to design and run flood‑control, drainage, water‑supply and related infrastructure for the Cagayan de Oro River and its tributaries. It will be overseen by the President, governed by a board of senior cabinet members, local officials and a private‑sector representative, and funded initially by ₱20 million per year and a ₱500 million capital stock, with tax exemptions and the power to acquire land if必要.
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
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HB05355 · Sources: BatasWatch
No changes since we started checking daily on Oct 4, 2026.
Status via BatasWatch (independent source)
Similar in what they’d do, filed by any lawmaker.