An Act Strengthening Philippine Disaster Risk Financing, Institutionalizing a Philippine Disaster Risk Financing and Insurance Strategy for Public Infrastructure Assets, and Appropriating Funds Therefor
The bill would set up a council and an insurance consortium to finance and insure government‑owned infrastructure after disasters, create a dedicated fund and a digital claims system, and give tax breaks to participating insurers.
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-1912. Status changes over time; check the link for the latest.
SBN-1912 · Sources: BatasWatch
Similar in what they’d do, filed by any lawmaker.