MANILA — Speaker Martin Romualdez on Sunday bared that President Ferdinand “Bongbong” R. Marcos Jr. approved 11 additional bills, including the Maharlika Investment Fund (MIF) as part of the Legislative-Executive Development Advisory Council (LEDAC), bringing to 42 from the original 31 the total number of priority administration measures.
“President Marcos approved eleven bills designed to address key issues on public health, job creation, and further stimulate economic growth as part of his administration’s priority legislation (LEDAC). These measures will be the focus of our legislative efforts when Congress resumes session this Monday,” Speaker Romualdez said.
The Speaker accompanied President Marcos during his “meaningful” and “constructive” five-day official visit to the United States (US) and the coronation of newly crowned monarchs of the United Kingdom of Great Britain and Northern Ireland, King Charles III, and Queen Camila.
According to Speaker Romualdez, the 11 bills include
- Amending the AFP Fixed Term Bill, which was transmitted to the President;
- Ease of Paying Taxes,
- Maharlika Investment Fund,
- Local Government Unit Income Classification, and
- Amendment to Universal Health Care Act, which was already sent to the Senate;
- Bureau of Immigration Modernization and
- Infrastructure Development Plan/Build Build Build Program, which is now for committee report preparation;
- Philippine Salt Industry Development Act;
- Philippine Ecosystem and Natural Capital Accounting System (PENCAS),
- National Employment Action Plan, and
- Amendment to the Anti-Agricultural Smuggling Act, which is under committee/technical working group (TWG) meeting.
Speaker Romualdez also said the leadership aims to approve the remaining eight LEDAC bills from the original 31 bills before the sine die adjournment of Congress on June 2.
“It will be on a best-effort basis. We will try to pass the remaining eight bills from the original priority list. If we could do that, we
would have approved all the urgent measures identified by President Marcos in less than a year,” Speaker Romualdez said.
These proposed pieces of legislation support the President’s Agenda for Prosperity and his eight-point socio-economic roadmap, Speaker Romualdez said.