Marcos to lead LEDAC

Marcos to lead LEDAC

By Liezelle Soriano

MANILA — President Ferdinand “Bongbong” Marcos Jr. will lead the Legislative-Executive Development Advisory Council (LEDAC) which aims to ensure that the administration’s priority bills are promoted.

Vice President Sara Duterte-Carpio, Senate President Juan Miguel Zubiri, House Speaker Martin Romualdez, and representatives from the Senate and House are expected to attend the LEDAC meeting.

Among the administration’s priority bills is the National Government Rightsizing Program (NGRP); Budget Modernization Bill; Government Financial Institutions Unified Initiatives to Distressed Enterprises for Economic Recovery (GUIDE) and the Unified System of Separation, Retirement, and Pension.

Economic bills are also expected to be discussed including E-Governance Act; National Land Use Act; Tax Package 3: Valuation Reform Bill; Passive Income and Financial Intermediary Taxation Act (PIFITA) and Internet Transaction Act or E-Commerce Law.

Also, included in the bills to be discussed are National Defense Act; Mandatory Reserve Officers’ Training Corps (ROTC) and National Service Training Program (NSTP); the establishment of the Medical Reserve Corps, National Disease Prevention Management Authority, Virology Institute of the Philippines, Department of Water Resources; legislation for the natural gas industry; amendment to the Electric Power Industry Reform Act or EPIRA (Republic Act No. 9136) and an amendment to the Build-Operate-Transfer (BOT) Law.

Zubiri and Romualdez are also expected to present the priorities of Congress.

This is the first LEDAC under the Marcos administration. (ai/mtvn)

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