SBN-1561: Bayanihan To Recover as One
An Act Extending The Effectivity Of Republic Act No. 11469, Otherwise Known As The “Bayanihan To Heal As One Act,” Providing Mechanisms To Accelerate The Recovery And Bolster The Resiliency Of The Philippine Economy, Amending For The Purpose Republic Act No. 11469, Appropriating Funds Therefor, And For Other Purposes
- The bill seeks to extend the validity of Republic Act No. 11469, otherwise known as the “Bayanihan to Heal as One Act” up to September 30, 2020. This will allow the government to pursue aggressively its efforts to contain the transmission of COVID 19 as well as to provide stimulus as the economy starts to open up.
- Hence, the President shall continue to have the power to realign appropriations provided under the FYs 2019 and 2020 General Appropriations Act (GAA) to programs and projects that will mitigate the impact of the COVID-19 pandemic, among other necessary emergency powers.
- Signed into law as RA 11494. This was substituted by SBN 1564 under CRN 98.
COMMENT : Off