An Act Strengthening the Bases Conversion and Development Authority Amending for the Purpose Republic Act No. 7227 or the 'bases Conversion and Development Act of 1992', as Amended
The bill would extend the BCDA’s life by 30 years, raise its authorized capital to ₱200 billion, allow it to sell up to 10 % (plus a possible extra 5 %) of land in four special economic zones, and require the proceeds to fund infrastructure in those zones.
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/SBN-1733. Status changes over time; check the link for the latest.
SBN-1733 · Sources: BatasWatch
Similar in what they’d do, filed by any lawmaker.