The bill would require any entity that earns money from mining, forestry, fishing or similar national‑wealth projects to send 40 % of those earnings straight to the local government that hosts the project, while the national government keeps the remaining 60 %. The money must be sent within five days after each quarter, and the rule takes effect 15 days after it is published.
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
Printed from CivicSync PH: https://civicsync-ph-gamma.vercel.app/bills/HB07243. Status changes over time; check the link for the latest.
HB07243 · Sources: BatasWatch
Status history
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.