House sight fixed on 2 DU30 bills

Ve­lasco as­sured Pres­i­dent Ro­drigo Duterte that the House’s at­ten­tion will be fixed on two more ur­gent bills he en­dorsed

Daily Tribune (Philippines) - - FRONT PAGE - BY MICHELLE R. GUILLANG @tri­bunephl_mish

Fol­low­ing the or­derly ap­proval of the 2021 na­tional bud­get bill and the anti-red tape mea­sure, newly-in­stalled Speaker Lord Al­lan Ve­lasco vowed Congress will con­tinue to pass pri­or­ity leg­is­la­tions of Pres­i­dent Ro­drigo Duterte as soon as pos­si­ble.

Ve­lasco as­sured Pres­i­dent Ro­drigo Duterte that the House’s at­ten­tion will be fixed on two more ur­gent bills he en­dorsed.

The Chief Ex­ec­u­tive cer­ti­fied House bills 6174 and 6622 as ur­gent on the day Congress ad­journed its four-day spe­cial ses­sion.

The first bill seeks to strengthen the Anti-Money Laun­der­ing Act (AMLA) while the other pro­poses to en­sure re­siliency of the coun­try’s fi­nan­cial in­dus­try amid the on­go­ing pan­demic or the Fi­nan­cial In­sti­tu­tions Strate­gic Trans­fer (FIST) Act.

We are com­mit­ted to work harder, smarter and more ef­fi­ciently when Congress re­sumes ses­sion on 16 Novem­ber.

De­spite the on­go­ing break of Congress from 17 Oc­to­ber to 15 Novem­ber, Ve­lasco said the House is com­mit­ted to ap­prove amend­ments on the bill as soon as ple­nary ses­sions re­sume.

“Cog­nizant of the im­por­tance to put in place more strin­gent pro­vi­sions in AMLA, the House will see to it that the mea­sure, which aims to curb the cost of do­ing fi­nan­cial trans­ac­tions of our over­seas Filipino work­ers and the busi­ness sec­tor, will be ap­proved ex­pe­di­tiously once ple­nary ses­sions re­sume next month,” Ve­lasco said in a state­ment.

Ro­mualdez: Ex­pect hard work

The com­mit­ment was echoed by House Ma­jor­ity Leader and Leyte Rep. Martin Ro­mualdez.

“We are com­mit­ted to work harder, smarter and more ef­fi­ciently when Congress re­sumes ses­sion on 16 Novem­ber,” Ro­mualdez said.

“As part of our tra­di­tion, we are go­ing to hit the ground run­ning to pass vi­tal pieces of leg­is­la­tion,” he added.

The FIST Act aims to aid fi­nan­cial in­sti­tu­tions get rid of their non-per­form­ing as­sets (NPA) to re­lieve the eco­nomic im­pact of the coro­n­avirus dis­ease (COVID-19) pan­demic on their op­er­a­tions.

As fi­nan­cial in­sti­tu­tions like banks faced a long pe­riod of de­layed loan col­lec­tions, this led them to deal with higher NPA — hin­der­ing them from act­ing as fi­nan­cial in­ter­me­di­ary.”

Mean­while, Duterte wanted the AMLA to be com­pli­ant of the le­gal stan­dards of in­ter­na­tional bod­ies against money laun­der­ing and fi­nanc­ing of ter­ror­ism.

These two bills were the sec­ond and third mea­sure which the Pres­i­dent cer­ti­fied as ur­gent in a span of three days. The first one was the Anti-Red Tape bill which was cer­ti­fied as ur­gent last 14 Oc­to­ber and was passed by the House on 16 Oc­to­ber.

The law gave Duterte the power to ex­pe­dite the process and is­suance of na­tional and lo­cal permits, li­censes and cer­ti­fi­ca­tions.

LAKAS grows stronger

Ro­mualdez also in­di­cated mem­bers of the Lakas-Chris­tian Mus­lim Democrats (CMD) in the House have grown to 42, fol­low­ing the ad­di­tion of six new al­lies.

Ro­mualdez, the po­lit­i­cal party’s pres­i­dent, said of this num­ber, 21 are dis­trict con­gress­men and 21 are partylist al­lies.

The two dis­trict con­gress­men who re­cently joined the party were Que­zon City Rep. An­thony Peter “Onyx” Crisol­ogo and Zam­boanga City Rep. Manuel Jose Dalipe; while the four partylist law­mak­ers were Reps. Rodolfo Or­danes (Se­nior Cit­i­zens); Du­cielle Marie Cardema (Duterte Youth); An­gelina Natasha Co (BHW) and Clau­dine Diana Bautista (DUMPER PTDA).

Crisol­ogo, who is formerly from Na­tional Unity Party (NUP), took his oath last 16 Oc­to­ber af­ter the House ad­journed its four-day spe­cial ses­sion; while Dalipe, who was from Na­tion­al­ist Peo­ple’s Coali­tion (NPC), took oath last 15 Septem­ber.

Dalipe was once again sworn in be­fore Ro­mualdez last 15 Oc­to­ber.

The four partylist rep­re­sen­ta­tives, mean­while, signed the “Dec­la­ra­tion of Al­liance for Unity and Progress.”

Be­ing the ad­min­is­tra­tion’s coali­tion party, Ro­mualdez re­it­er­ated the com­mit­ment of Lakas-CMD to sup­port the leg­isla­tive agenda of Pres­i­dent Ro­drigo Duterte.

Cog­nizant of the im­por­tance to put in place more strin­gent pro­vi­sions in AMLA, the House will see to it that the mea­sure, which aims to curb the cost of do­ing fi­nan­cial trans­ac­tions of our over­seas Filipino work­ers and the busi­ness sec­tor, will be ap­proved ex­pe­di­tiously.

“Wel­come to the ever-grow­ing Lakas-CMD party. This is in line with our com­mit­ment to strengthen Lakas-CMD’s po­lit­i­cal in­flu­ence na­tion­wide and help Pres­i­dent Duterte pass the re­main­ing leg­isla­tive agenda of his ad­min­is­tra­tion and en­sure that gen­uine re­forms are im­ple­mented in the last 20 months of his ad­min­is­tra­tion,” Ro­mualdez, con­cur­rently the House com­mit­tee on rules chair­per­son, said.

“Lakas-CMD is gain­ing mo­men­tum in its goal to strengthen its ranks in the House of Rep­re­sen­ta­tives,” he noted.

Ear­lier, two for­mer mem­bers of the rul­ing Par­tido Demokratik­o Pilipino have also joined the Lakas-CMD. They were Camiguin Rep. Xavier Je­sus “XJ” Ro­mualdo and Di­na­gat Is­lands Rep. Alan Ecleo.

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