The proposal would create a special economic and free‑port zone covering Ozamiz, Tangub and five nearby towns, managed by a new authority that can build utilities, attract foreign investors (who may get resident status), and give businesses tax breaks in exchange for a modest 8 % final tax.
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/HB07586. Status changes over time; check the link for the latest.
HB07586 · Sources: BatasWatch
Similar in what they’d do, filed by any lawmaker.