HB 6099

House·20th Congress·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

In plain language

The bill would forgive all accrued interest, penalties, surcharges and universal charges on LASURECO’s debt to PSALM dating back to 2009, apply about P96 million already paid toward the principal, and let PSALM set up a one‑time repayment plan that requires LASURECO to submit regular performance‑improvement reports.

EnergyPublic Works and Infrastructure

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

Author · Representative

Ziaur-Rahman "Zia" Alonto AdiongReceipts →

Official sources

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

HB 8620· Filed Mar 17, 2026
An Act Granting the Condonation of the Unpaid Interests, Penalties, and Surcharges on the Overdue Obligations of the Lanao Del Sur 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 +26
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 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 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
SB 784· Filed Aug 4, 2025
Condonation of Unpaid Obligations on the Power Consumption
Pending in the committeeSen. Francis "Chiz" G. Escudero

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HB06099 · Sources: BatasWatch