Sno 21 an act appropriating the sum of ____ billion pesos (_______) as supplemental appropriations...

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SEVENTEENTH CONGRESS OF THE REPUBLIC OF THE PHILIPPINES 1 ST Regular Session July , 2016 SENATE S NO. _____ Introduced by Senator Rodel “Henry Sy” Navarro AN ACT APPROPRIATING THE SUM OF ____ BILLION PESOS (_______) AS SUPPLEMENTAL APPROPRIATIONS FOR FY ______ AND FOR OTHER PURPOSES EXPLANATORY NOTE WHEREAS WHEREAS WHEREAS WHEREAS WHEREAS Senator Rodel “Henry Sy” Navarro SEVENTEENTH CONGRESS

Transcript of Sno 21 an act appropriating the sum of ____ billion pesos (_______) as supplemental appropriations...

Page 1: Sno 21 an act appropriating the sum of ____ billion pesos (_______) as supplemental appropriations for fy ______ and for other purposes

SEVENTEENTH CONGRESSOF THE REPUBLIC OF THE PHILIPPINES1ST Regular SessionJuly , 2016

SENATES NO. _____

Introduced by Senator Rodel “Henry Sy” Navarro

AN ACT APPROPRIATING THE SUM OF ____ BILLION PESOS (_______) AS SUPPLEMENTAL APPROPRIATIONS

FOR FY ______ AND FOR OTHER PURPOSESEXPLANATORY NOTE

WHEREAS

WHEREAS

WHEREAS

WHEREAS

WHEREAS

Senator Rodel “Henry Sy” Navarro

SEVENTEENTH CONGRESSOF THE REPUBLIC OF THE PHILIPPINES1ST Regular SessionJuly , 2016

SENATES NO. ______

Page 2: Sno 21 an act appropriating the sum of ____ billion pesos (_______) as supplemental appropriations for fy ______ and for other purposes

Introduced by Senator Rodel “Henry Sy” Navarro

AN ACT APPROPRIATING THE SUM OF ____ BILLION PESOS (_______) AS SUPPLEMENTAL APPROPRIATIONS

FOR FY ______ AND FOR OTHER PURPOSES

Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled:

SECTION 1.   Appropriations.   – The sum of ______ billion pesos (_______) is hereby appropriated to supplement the FY ____ Budget under the General Appropriations Act of ____ (Republic Act No. ____) for the purpose of augmenting the _____ Fund by _____ billion pesos (_____) and the ____ Fund of the Department of _____ by _____billion pesos (______).SEC. 2.   Use and Release of Funds.   – The amounts appropriated herein shall be used for _____________Releases from this Fund shall be made by the Department of Budget and Management (DBM) directly to the appropriate implementing departments/agencies in accordance with the approval of the President of the Philippines.SEC. 3.   Availability of Appropriations.   – The appropriations authorized in this Act shall be available for release and obligation for the purposes specified until December 31, _____.SEC. 4.   Submission of Reports.   – The DBM and the implementing department/agency shall submit, either in printed form or by way of electronic document, to the House Committee on Appropriations, the Senate Committee on Finance and the Commission on Audit, the quarterly accountability reports on the utilization of funds. The DBM and the DBM’s web administrator or his/her equivalent shall be responsible for ensuring that the said quarterly reports are likewise posted on the official website of the DBM and the implementing agency.Releases from the said Fund shall be subject to the submission of a special budget pursuant to Section 35, Chapter 5, Book VI of Executive Order no. 292, series of 1987.SEC. 5.   Separability Clause.   – If, for any reason or reasons, any part or provision of this Act shall be declared as unconstitutional or invalid, the other parts or provisions hereof which are not affected thereby shall continue to be in full force and effect.SEC. 6.   Repealing Clause.   – All provisions of existing laws, orders, rules and regulations or parts thereof which are in conflict or inconsistent with the provisions of this Act are hereby repealed, amended or modified accordingly.SEC. 7.   Effectivity.   – This Act shall take effect immediately upon its publication in the   Official Gazette   or in at least two (2) newspapers of general circulation in the Philippines.Approved,

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