“While I was not one of the original proponents of the vetoed bill, I hope to help move this bill forward by filing a corrected version. The President’s concerns are valid, so we have to take heed," Salceda added.
Albay Representative Joey Salceda said Monday that he will file a bill to address President Ferdinand "Bongbong" Marcos, Jr.'s concerns over the creation of Bulacan Airport City Special Economic Zone and Freeport Authority by giving the latter more authority in its implementation.
Salceda also said the House of Representatives, in drafting the bill for the Bulacan Airport project, will require a cost-and-benefit analysis and that he will introduce safeguards to address the President’s fiscal and economic concerns that prompted the chief executive to veto or reject the measure even if his sister, Senator Imee Marcos, is in favor of its passage.
In doing so, Salceda, an economist, said that his proposed bill will explicitly state that the ecozone will be fully subject to the rules, procedures, including approvals, and regulations under Title 13 of the Corporate Recovery and Tax Incentives for Enterprises law.
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