House passes RBH No. 7 to amend foreign ownership limits

The House of Representatives has passed Resolution of Both Houses (RBH) No. 7, seeking constitutional amendments that would enable Congress to set foreign ownership limits for public utilities, basic education institutions, and the advertising industry through future legislation.

With a vote count of 288-8-2, this resolution aims to add 'unless otherwise provided by law' to specific sections of the constitution.

The measure now awaits Senate approval before it can proceed to the Commission on Elections (Comelec) for a plebiscite. Lawmakers are urging both chambers to reach a consensus before moving forward.