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Congress OK’s extension of Bayanihan II validity
The House of Representatives approved House Bill 8063 on final reading, extending the availability of funds under the Bayanihan to Recover As One Act (Bayanihan 2) until June 30, 2021.
The Senate also passed the House version of the bill on final reading, solidifying the six-month extension.
The bill was certified as urgent by President Rodrigo Duterte, allowing Congress to skip procedural intervals.
With 179 affirmative votes, 6 negative votes, and no abstention, the House approved the bill.
This extension permits the government to continue its COVID-19 response programs and aid those affected by the pandemic.
Bayanihan 2, enacted in September, provides a PHP140 billion stimulus package and a PHP25 billion standby fund.
The law was originally set to lapse on December 19, 2020.
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Two congressional leaders proposed extending the validity of the Bayanihan to Recover as One Act (Bayanihan 2) until March or June 2021.
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The Senate approved on final reading measures to extend the availability of P148 billion in unspent funds under the 2020 national budget and Bayanihan 2.
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The House of Representatives approved on third and final reading House Bill 6656, extending the validity of the 2020 national budget until December 31, 2021.
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Senate President Pro Tempore Ralph Recto has filed a proposed Bayanihan 3 bill, amounting to P485 billion, to aid in the Philippines' economic recovery from the COVID-19 pandemic and recent typhoons.
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Senate Minority Leader Franklin Drilon supports the extension of the 2020 General Appropriations Act (GAA) and the Bayanihan to Recover as One Act into next year, but he expressed concerns about the government's funding capacity.
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