The House Committee on Economic Affairs and Committee on Social Services approved substitute bill and committee report on Bayanihan 3.
According to Speaker Lord Allan Velasco, at least 290 members of the chamber are principal authors and co-authors of the proposed third Bayanihan.
“I urge our partners in the Senate and the Executive to fully partner with us in this mission. We need your help,” Velasco said.
According to Committee on Economics Affairs AAMBIS-Owa party-list Representative Sharon Garin, Section 29 of the bill states the proposed amendment on the fund sources for the programs of the proposed Bayanihan 3 such as the 2021 General Appropriations Act:
“Provided, that funds for the herein authorized programs, activities, and projects shall be sourced primarily from the unprogrammed funds and savings realized from modified, realigned or reprogrammed allocations for operational expense of any government agency or instrumentality under the Executive department, including, but not limited to, traveling expenses, supplies and materials, expenses, professional services, general services, advertising expenses, printing and publication expenses, and other maintenance and operating expenses in 2021 GAA: Provided further, that to fasttrack economic recovery and pump prime the economy, implementation ready programs, activities, and projects, including programs, activities, and projects that have not yet undergone the procurement process, whether for comprehensive release or for later release, shall not be discontinued and appropriations for such programs, activities, and projects shall be immediately released.”
House panel approves Bayanihan 3 substitute bill
“Programs, activities, and projects that have the highest multiplier effect and that promote countryside development, including infrastructure projects, shall be prioritized in the release of appropriation,” it added.
Last week, the P405.6 billion Bayanihan 3 bill was approved by the House committee on appropriations.
Under Phase 1 of the proposed Bayanihan 3, a total of P108 billion is allotted for assistance for all Filipinos, regardless of socioeconomic status.
Marikina City Representative Stella Quimbo, one of the principal authors, has said that all Filipinos would receive at least P1,000 cash aid under the Bayanihan 3.
Another P108 billion is being allocated in Phase II.
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