The bill would create a ₱5 billion fund to refinance the debts of financially distressed electric cooperatives, forgive their accrued interest and penalties, grant a one‑time tax amnesty, and impose governance rules—including NEA‑appointed board members and step‑in authority—to ensure repayment and better service.
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/HB07291. Status changes over time; check the link for the latest.
HB07291 · 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.