The proposed Maharlika Investment Fund is not yet acceptable as no major changes have been made to the bill, former Bayan Muna Rep. Neri Colmenares said in a statement. | GabrielLaluINQ
A quick search at the House website, however, shows a third reading copy of House Bill No. 6608, the final version of the MIF proposal that was approved at the plenary on its third and final reading on Dec. 15, 2022.
Still, Colmenares insists that more time should be spent studying the bill as it was certified as urgent despite the absence of an emergency “First, the bill was certified as urgent by the president despite there being no emergency or calamity. The Constitution provides that presidential certification of urgency must only be exercised in a clearly exceptional situation of public emergency or calamity that is of such nature that the ‘immediate enactment’ of a law is required to address said emergency or calamity,” Colmenares said.
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