Home Forex Bills restoring NFA powers, creating Water Resources dep’t filed in Senate

Bills restoring NFA powers, creating Water Resources dep’t filed in Senate

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PHILIPPINE STAR/MIGUEL DE GUZMAN

MEASURES RESTORING the regulatory powers of the National Food Authority (NFA) and creating dedicated government agencies for water resources management have been filed in the Senate.

Under Senate Bill No. 284, Rice Industry and Consumer Empowerment (RICE) bill, Senator Francis G. Escudero sought to grant the NFA the authority to import rice for its buffer stocking requirement in cases of emergencies.

“This bill will not restore the quantitative restrictions abolished by the Rice Tariffication Law. Rather, it will enable targeted state intervention to protect public welfare, support farmers, and ensure food security,” Mr. Escudero said in the explanatory note of the bill, filed on Wednesday.

“Rice is the staple crop of the Philippines, with each Filipino consuming around 136 kilograms each year. Given its central role in the Filipino diet, regulation is needed to protect families from the price fluctuations of this essential commodity.”

The bill proposes to reduce buffer stock requirement for rice to nine days from 15 days.

The NFA will also be granted the authority to sell rice to accredited NFA retailers, government and non-government agencies, or through public auction.

“The NFA shall dispose, on a monthly basis, a maximum of twenty 25% of its total existing buffer stock unless directed by the NFA council to dispose of a larger portion,” the bill said.

The Rice Tariffication Law of 2019 removed the NFA’s regulatory powers to import rice and intervene in the market if rice prices are elevated.

The proposed RICE bill also grants the Department of Agriculture (DA) the powers to impose a floor price for palay (unmilled rice) to protect farmers.

“The DA shall have the authority to set and enforce national, regional, or provincial floor prices of palay below which rice traders shall be prohibited from purchasing palay from farmers,” the bill stated.

The proposed measure also allows the agency to seize hoarders of rice stocks in accordance with Republic Act No. 12022, Anti-Agricultural Economic Sabotage law.

The bill also enforces strict penalties against practices that distort supply and pricing of rice, with violators facing a fine of up to P2 million or imprisonment of up to two years. Traders also risk revocation of their license, trading permits, or accreditation.

A similar measure was earlier filed before the House of Representatives by Leyte Rep. Ferdinand Martin G. Romualdez.

WATER RESOURCES AGENCIESSeparately, Senator Emmanuel Joel J. Villanueva on Tuesday filed a bill that seeks to create the Department of Water Resources and Water Regulatory Commission for a “more efficient, transparent, and effective management of the sector.”

The still-unnumbered Senate Bill, National Water Resources Management bill, tasked the agencies to craft policies and plans for the effective management of the country’s water resources.

The bill provided that the functions of the National Water Resources Board (NWRB), Local Water Utilities Administration (LWUA), River Basin Control Office, Manila Bay Coordinating Office, Water Supply and Sanitation Unit, and Water Resource Management Office will be absorbed by the new department.

It also transfers functions of the Department of Public Works and Highways, with regard to planning, programming, administration monitoring and management of the National Sewerage and Septage Management Program. It will also perform functions of the now-dissolved Pasig River Rehabilitation Commission.

Meanwhile, the Water Regulatory Commission will be established as an independent body, which will adopt the economic regulatory units and functions of the Metropolitan Waterworks and Sewerage System, NWRB, and the LWUA.

The Commission will be composed of five full-time members, including a chairperson and four members, all of whom will appointed by the President. — Adrian H. Halili

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