CALL FOR PASSAGE OF 17 PRIORITY REFORM BILLS

by | Jul 14, 2021 | Uncategorized

15 business groups, including eight Philippine business groups and the seven members of the Joint Foreign Chambers, are recommending passage of 17 priority measures by the 18th Congress during its third and final session year that commences on July 26. In a letter sent to President Rodrigo Duterte, the business groups advocated 17 measures that legislative priorities they hope to see passed in the remaining months of the 18th Congress.

The list includes:
1. Amendments to the Foreign Investments Act
2. Amendments to the Public Service Act
3. Amendments to the Retail Trade Liberalization Act
4. Department of Disaster Resilience
5. Department of Water Resources Management
6. Ease of Paying Taxes
7. Electric Vehicles and Charging Stations
8. Freedom of Information
9. National Land Use and Management
10. Open Access in Data Transmission
11. Philippine Creative Industries
12. Promotion of Digital Payments
13. Public Private Partnership
14. Rural Agricultural and Fisheries Development Financing System
15. Secrecy of Bank Deposits Law amendments
16. Tax Reform Package 3: Property Valuation and Assessment Reform
17. Tax Reform Package 4: Passive Income and Financial Intermediary Taxation

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