By CONSUELO MARQUEZ, GMA News
Published July 25, 2021 2:33pm
As the third regular session of 18th Congress opens on Monday, Senate will prioritize bills on tax reforms as well as the creation of Virology Institute of the Philippines that aims to prepare the country for future pandemics.
In a statement, Senate President Vicente Sotto III said priority bills of the upper chamber include:
Amendments to the Foreign Investment Acts (FIA),
Amendments to the Public Service Act (PSA),
Government Financial Institutions Unified Initiatives to Distressed Enterprises for Economic Recovery (GUIDE),
Department of Migrant Workers and Overseas Filipinos Act,
Package 4 of the Comprehensive Tax Reform Program (CTRP) or the Passive Income Tax and Financial Intermediary Tax Act (PIFITA),