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BusinessWorld
May 24, 2021 | 8:03 pm
THE HOUSE Committee of Energy approved a bill that will extend the term of the joint congressional energy commission (JCEC), an oversight body in charge of implementing energy-sector laws, after the extension was backed by various agencies and stakeholders Monday.
House Bill (HB) 9312 seeks to remove the expiration period of the JCEC, which is set to end its term on June 26 by amending a section in the electric power industry reform act of 2001 (EPIRA).
âThe removal of the expiration period of the JCEC will also allow us, House and Senate members of the JCEC, to conduct the oversight functions of regularly monitoring the implementation, not only of the existing laws but also the laws that we will pass during our term,â Vice-Chairman of the House Committee on Energy Presley C. De Jesus said during the committeeâs virtual deliberations Monday.