Public Utilities
AMENDING SEC. 4 OF R.A. NO. 9994, EXPANDED SENIOR CITIZENS ACT OF 2010
This bill amends Section 4 of the Expanded Senior Citizens Act of 2010 to provide a 5% discount on water and electricity for senior citizens, with specific conditions on consumption and cost-sharing between the government and utilities.
MORE ELECTRIC AND POWER CORPORATION
This bill amends sections of the franchise law for MORE Electric and Power Corporation, expanding its service area and establishing requirements for public ownership and market behavior.
AMENDING R.A. NO. 9994 (EXPANDED SENIOR CITIZENS ACT)
This bill aims to amend the Expanded Senior Citizens Act by providing senior citizens with a minimum 5% discount on their first 150 kilowatt-hours of electricity and first 50 cubic meters of water, along with an exemption from the Value-Added Tax (VAT) on these utilities.
THE ANTI-CONFLICT OF INTEREST IN PUBLIC UTILITIES ACT
Senate Bill No. 157, known as the Anti-Conflict of Interest in Public Utilities Act, aims to prohibit elected public officials and their immediate family members from owning or having financial interests in public utilities during their term. It establishes penalties for violations and mandates divestment of existing interests.