AN ACT EXTENDING THE LIFE OF, STRENGTHENING AND REORGANIZING THE POWER SECTOR ASSETS AND LIABILITIES MANAGEMENT CORPORATION, AMENDING FOR THE PURPOSE REPUBLIC ACT NO. 9136, AND FOR OTHER PURPOSES

AN ACT EXTENDING THE CORPORATE LIFE OF AND STRENGTHENING THE POWER SECTOR ASSETS AND LIABILITIES MANAGEMENT CORPORATION, AMENDING FOR THE PURPOSE REPUBLIC ACT NO. 9136, AND FOR OTHER PURPOSES

RESOLUTION DIRECTING THE APPROPRIATE SENATE COMMITTEE TO CONDUCT AN INVESTIGATION, IN AID OF LEGISLATION, AS TO THE FAILURE OF THE POWER SECTOR ASSETS AND LIABILITIES MANAGEMENT (PSALM) CORPORATION TO REMIT DIVIDENDS DUE TO THE NATIONAL GOVERNMENT.

RESOLUTION DIRECTING THE JOINT CONGRESSIONAL POWER COMMISSION (JCPC) TO CONDUCT AN INQUIRY, IN AID OF LEGISLATION, ON THE ASSET AND DEBT MANAGEMENT PRACTICES OF THE POWER SECTOR ASSET AND LIABILITIES MANAGEMENT CORP. (PSALM) IN DIRECT RELATION TO ITS PETITION FOR INCREASES IN CONSUMER ELECTRICITY RATES