Bill Type
Full Title of Bill
AN ACT INSTITUTING BUDGET REFORM THAT WILL ENSURE THE EQUITABLE DISTRIBUTION OF FUNDS FOR BOTH THE NATIONAL AND LOCAL GOVERNMENT UNITS FOR THE PURPOSE OF PROMOTING VILLAGE EMPOWERMENT, ENABLING THEM TO BE AN EFFECTIVE INSTRUMENT IN ATTAINING INCLUSIVE GROWTH, APPROPRIATING FUNDS THEREFOR AND FOR OTHER PURPOSES
Congress Author
Date filed
June 30, 2022
Date Read
July 26, 2022
Bill Status
Pending with the Committee on APPROPRIATIONS since 2022-07-26

Committee Details

Primary Committee

Legislative History

House Bill/Resolution NO. HB00111
FULL TITLE : AN ACT INSTITUTING BUDGET REFORM THAT WILL ENSURE THE EQUITABLE DISTRIBUTION OF FUNDS FOR BOTH THE NATIONAL AND LOCAL GOVERNMENT UNITS FOR THE PURPOSE OF PROMOTING VILLAGE EMPOWERMENT, ENABLING THEM TO BE AN EFFECTIVE INSTRUMENT IN ATTAINING INCLUSIVE GROWTH, APPROPRIATING FUNDS THEREFOR AND FOR OTHER PURPOSES
ABSTRACT : Intends to institutionalize a rational and equitable budget distribution for LGU development with a more systematic, targeted and rigorous balance of the budget from national agencies to local governments.Proposes that the “Local Development Fund” (LDF) shall be divided among the different political subdivisions solely for developmental projects, activities and programs (PAPs) based on the approved Comprehensive Development Plans (CDPs).Seeks to appropriate adequate funds for “Local Government Academy” (LGA) to provide LGUs with the necessary tools in undertaking effective planning and proper implementation of their PAPs in accordance with their CDPs.
PRINCIPAL AUTHOR/S : LOYOLA, ROY M.
DATE FILED : 2022-06-30
SIGNIFICANCE: NATIONAL
CO-AUTHORS (Journal Entries) :
1. Palma (000 2022-08-08)
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON APPROPRIATIONS ON 2022-07-26

Abstract

ABSTRACT : Intends to institutionalize a rational and equitable budget distribution for LGU development with a more systematic, targeted and rigorous balance of the budget from national agencies to local governments.Proposes that the "Local Development Fund" (LDF) shall be divided among the different political subdivisions solely for developmental projects, activities and programs (PAPs) based on the approved Comprehensive Development Plans (CDPs).Seeks to appropriate adequate funds for "Local Government Academy" (LGA) to provide LGUs with the necessary tools in undertaking effective planning and proper implementation of their PAPs in accordance with their CDPs.

Significance