Bayanihan 2 will retain agrarian reform benefits, no PUV phase-out — Angara

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Agrarian reform benefits, no phase-out of public utility vehicles and extension of waiver of permits are among the provisions of the Bayanihan to Recover as One Act or Bayanihan 2 that will continue beyond the expiration of the law, Angara said.

Bayanihan 2 that will continue beyond the expiration of the law, Senator Sonny Angara said on Thursday.

Specific provisions under Bayanihan 2, will still be in effect while the state of national emergency declared by President Rodrigo Duterte remains in place, according to Angara, chairman of the Senate finance committee.The law extending the availability of Bayanihan 2 funds expired on June 30 along with “most of the funds appropriated for various purposes.”

In a statement, Angara said the specific provisions include financial relief to agrarian reform beneficiaries, the lifting of the 30-percent cap on the quick response fund, and prohibition on private educational institutions grantees from retrenching their employees within nine months from receipt of grant.

 

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