Senate to propose ‘perfecting amendments’ to House version of Maharlika Fund bill

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Senate to propose ‘perfecting amendments’ to House version of Maharlika Fund bill
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There is no assurance that the Senate will pass the House of Representatives' version of the bill creating the Maharlika Investment Fund (MIF) as the measure is still a 'work in progress,' Senate President Juan Miguel Zubiri said Tuesday.

"We will propose a lot of perfecting amendments to the House version," Senate President Juan Miguel Zubiri said. File photo

The lawmaker made the remark as he stated that the upper chamber will introduce "perfecting amendments" to the House-approved MIF bill. He added that the passage of the bill creating the MIF would depend on Senator Mark Villar, who will shepherd the Senate hearings on the measures as the chairman of the committee on banks, financial institutions, and currencies.

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