THIS past Wednesday, the Senate approved the bicameral conference committee report on the bill to amend the existing Republic Act (RA) 11203, or the Rice Tariffication Law. The Senate and the House of Representatives had each passed a version of the measure (Senate Bill [SB] 2779 and House Bill 10381, respectively), with SB 2779 being the one ratified by both chambers of the legislature, after some revisions. The measure will now go to President Ferdinand Marcos Jr., who is expected to sign it into law.
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