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VOL. XXXIV NO. 80 TUESDAY, OCTOBER 15, 2019 . 3 SECTIONS, 34 PAGES
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THE PHILIPPINE STAR
i
TUESDAY I OCTOBER t5,2ot9 i neuts
Over 220 bills processed
by House in 20 session days
By DELON PORCALLA and JESS DIAZ termination of House members under the
leadership o{ the Speaker, we are dways
The House of Representatives under focused and committed to pass qualitv
the leadership of Speaker Alan peter legislation at all times to make betier th"e
Cayetano has-proce3sed a total of 220 life of Filipinos," he added.
bills, includingkey tax reform measures
Ryqhed.by PreSaent Dutertq a key official Bills passed
of the chimber revealed yesterday. the crucial measures the House
_Amqng
House Maiority LeadeiMartin Iiomual- passed, aside from HB 4228, were HBs
dez said at [he fop of the heap was the 1026 (a measure imposing additional
record-time approi,al of HousdBi 422& excise taxes on alcohoi, tobaico and vape
or the P4.l-cilliirn national budeet for 2020, products) ald HB 300 (amendment
to the
along with 18 other measures thnt wendap- Foreign Invesbnent Act of 1991).
proved on thkd and final readinq. HB 304 or the Passive Income and
Deputy Speaker Mikee Rdmero of Financial Intermediary Taxation Act
-P.acrn1n par'tyll1st saidupon Cayetano,s
(PIFIIA) and LIB 4L57 or the Corporate
f
inskuctiory the House dia its belt to aD-Income Tax and Incentive Ratiorializa-
prove the budget early enoueh so thht tion Act (CITIRA) were pushed by
the
Congress woul? have sufficie"nt time to economic managers of f :terte,
pass it before the end of the year. "We also immediatelv passed on third
. Since Cayetano took ovei on lulv ZZ, and final reading bills under the Compre-
the chamber received a total of 5,566 hensive Tax Reform Program to help niach
measures and 70 committee r€ports - of the A credit rating goal"of the Dute:rte
ad-
which 5,121 are House bills an^d 445 arc minishation. We ar€ a notdr away from ,rr
House resolutions territory rating after a vote of c6nfidence
"The House as an institution Der- by Standard. & Poor's (S&P), upgradirg
formed its tasks commendablv and with the countlz's credit rating from -BBB'
t6
distinction to deliver the feeislative 'BBB+' with a stable outiook because of
agenda of the President. We ans*ered the the robust economic growtlr," said Ro-
drallenges and demands of our duties and mualdez, a former bank executive.
responsibilities," Romualdez said. He said the House also approl,ed on sec-
. This means an average of 11 bills daily
during the 20 session diys.
ond reading Fts 4933, as amenijed, last Oct. 2"
or ttre pnrposed law seeking to postpone the
"This will usher us io a qood start. barangay and Sanggunjang Kabataan elec-
Through the collective hard w6rk and de- tiors fi,om May 11, 2020 to Dec.5,2022.

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