SB 462
Senate·20th Congress·Filed Jul 14, 2025
Amending the Gocc Governance Act
An Act Amending Republic Act No. 10149, Otherwise Known as the 'gocc Governance Act of 2011'
In plain language
The proposal updates the GOCC Governance Act to give the GCG clearer authority to define, merge, consolidate, or regularize government‑owned corporations, adds a new executive director, creates nine specialized bureaus, and grants subpoena and immunity powers.
Government AdministrationPublic Works and InfrastructurePublic Order and Safety
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
Subjects
GOCC GovernanceGovernment-Owned And-Controlled Corporations (GOCC)
Official sources
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SBN-462 · Sources: BetterGov Open Congress, BatasWatch