Veto of Airport City bill ‘meant to cure defects’

August 1, 2022 0 Comments

President Bongbong Marcos’ decision to veto House Bill no. 7575 proposing the creation of the Bulacan Airport City Special Economic Zone and Freeport was “meant to cure defects” he found in the measure, Press Secretary Trixie Cruz-Angeles said on 3 July.,In a statement, Angeles clarified Marcos “fully supports” the bill, but wanted lawmakers amend certain provisions.,“Presidential Veto is the fastest way to cure the defects of HB 7575 especially the provision which exempts the Commission on Audit (CoA) to look into the financial transactions on the special economic zone and freeport,” said Angeles.,“Had the President not vetoed HB 7575, it would have lapsed into law on 4 July or 30 days after the bill was sent by the legislature to Malacañang,” she added.,Marcos, said Angeles, found the bill “lacks coherence with existing laws, rules and regulations by failing to provide audit provisions for the CoA, procedures for the expropriation of lands awarded to agrarian reform beneficiaries and a master plan for the specific metes and bounds of the economic zone.”,Angeles said all financial transactions in government are audited by Coa, and the proposed Bulacan Airport City Special Economic Zone and Freeport should be no exception.