What's new in House Kalinga bill to cushion oil price shock?

rapplerdotcom

The House passes on second reading a revised version of the Kalinga bill, originally filed by House Speaker Bojie Dy and Majority Leader Sandro Marcos.  Full story: https://www.rappler.com/philippines/how-kalinga-bill-changed-house-representatives-oil-crisis/

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00:00The House of Representatives passes on second reading a revised version of the Kalinga Bill,

00:05originally filed by House Speaker Bo GD and Majority Leader Sandro Marcos.

00:10The revised version, House Bill No. 9305, sets the triggers that will allow the President to

00:16declare a state of national emergency in times of oil price volatility. In addition,

00:21the changes in the bill include the following.

00:27The bill now undergoes a final vote but is expected to pass on third reading despite

00:31potential objections by some opposition lawmakers.

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