MANILA, Philippines -- The House of Representatives approved on third and final reading the bill that aims to amend the Rice Tariffication Law (RTL).
MANILA, Philippines -- The House of Representatives approved on third and final reading the bill that aims to amend the Rice Tariffication Law .About 230 lawmakers voted for House Bill 10381, three against and one abstained.Under the bill, the National Food Authority is empowered to require all grain warehouses to be registered; and inspect warehouses 'to ensure compliance with standards related to rice quality and supply.
'As a final recourse, once all domestic sources have been exhausted, the NFA shall be granted the authority to directly import rice, subject to the explicit' written concurrence and authorization from the DA secretary, the bill stated.This authority to directly import rice 'is to be exercised solely in circumstances where domestic supply deficits necessitate such imports to stabilize the national rice supply and maintain the optimal buffer stock', the bill stated.
Bill Amending Rice Tariffication Law Hurdles 3Rd Reading
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