HB 11494

House·20th Congress·Filed Sep 29, 2026

An Act Extending the Corporate Life of the Philippine International Trading Corporation (Pitc) for Another Twenty Five Years, Amending for the Purpose Section 2 of Presidential Decree No. 1071, Otherwise Known as “the Revised Charter of the Philippine International Trading Corporation”

In plain language

The bill would lengthen the Philippine International Trading Corporation’s charter from 50 to 75 years, letting it keep operating after its current term ends on 25 January 2027. It also says the corporation will still be subject to regular performance reviews by the GOCC Governance Commission, and that all its contracts and obligations will remain valid.

Government AdministrationPublic Works and InfrastructureForeign Affairs

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

Authors · 2 Representatives

Official sources

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

HB 11138· Filed Sep 7, 2026
An Act Providing for the Perpetual Existence of the Philippine International Trading Corporation (Pitc), Amending for the Purpose Section 2 of Presidential Decree No. 1071, Otherwise Known as “the Revised Charter of the Philippine International Trading Corporation”
Pending with the Committee on GOVERNMENT ENTERPRISES AND PRIVATIZATION since 2026-09-09Rep. Roy M. Loyola
HB 11186· Filed Sep 7, 2026
An Act Providing for the Perpetual Existence of the Philippine International Trading Corporation (Pitc), Amending for the Purpose Section 2 of Presidential Decree No. 1071, Otherwise Known as “the Revised Charter of the Philippine International Trading Corporation”
Pending with the Committee on GOVERNMENT ENTERPRISES AND PRIVATIZATION since 2026-09-09Rep. Eric L. Olivarez
HB 11376· Filed Sep 17, 2026
An Act Providing for the Perpetual Existence of the Philippine International Trading Corporation (Pitc), Amending for the Purpose Section 2 of Presidential Decree No. 1071, Otherwise Known as “the Revised Charter of the Philippine International Trading Corporation”
Pending with the Committee on GOVERNMENT ENTERPRISES AND PRIVATIZATION since 2026-09-18Rep. King Collantes
HB 11329· Filed Sep 15, 2026
An Act Providing for the Perpetual Existence of the Philippine International Trading Corporation (Pitc), Amending for the Purpose Section 2 of Presidential Decree No. 1071, Otherwise Known as “the Revised Charter of the Philippine International Trading Corporation”
Pending with the Committee on GOVERNMENT ENTERPRISES AND PRIVATIZATION since 2026-09-17Rep. Philip Conrad M. Acop
SB 2052· Filed Apr 21, 2026
Revised Charter of the Philippine International Trading Corporation
Pending in the committeeSen. Panfilo M. Lacson

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HB11494 · Sources: BatasWatch