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SOURCE: Press and Public Affairs Bureau


COMMITTEE REPORT ON PROPOSED “TIMBANGAN NG BAYAN ACT” APPROVED; SUBSTITUTE BILL AMENDING INTELLECTUAL PROPERTY CODE TACKLED


 

15 September 2021 05:51:14 PM

The House Committee on Trade and Industry chaired by Navotas City Rep. John Reynald Tiangco, in an online meeting Wednesday, approved the Committee Report on the amended Substitute bill to five bills, which provides for the establishment of a Timbangan ng Bayan Center in all markets nationwide to protect consumers from deceptive and unfair sales acts and practices. The substitute bill consolidated House Bill 3255 with HBs 4199, 4552, 5060 and 7340. The amendment involves the funding provision of the substitute bill and was introduced by the Committee on Appropriations in its meeting last August 18, 2021. The amendment provides that the amount necessary for the initial implementation of the proposed law would be charged against the internal revenue allotment (IRA) of the LGUs. The bill would amend for the purpose Chapter 11 of RA 7394 or the Consumer Act of the Philippines. In her sponsorship speech for HB 3255, Bulacan Rep. Lorna Silverio thanked the committee for scheduling the long overdue bill, which would enhance transparency for consumers and accountability of unscrupulous traders. “I am privileged to sponsor this bill, which was a pet measure of former Speaker Gloria Macapagal- Arroyo. It is my fervent hope that it would be passed this 18th Congress,” she said. The substitute bill would mandate the LGUs to establish a Timbangan ng Bayan Center in all markets nationwide, public or private, including flea markets or “tiangges.” Moreover, the centralized weighing scale would be available and open to anyone in the markets to validate the accuracy of the quantity and measurement of the products that consumers buy. Meanwhile, the committee also approved, subject to style, form, amendments, and suggestions, the draft substitute bill to HBs 1597, 8062 and 8620, which would amend the Intellectual Property Code of the Philippines. AAMBIS-OWA Party-list Rep. Sharon Garin headed the technical working group that crafted the substitute bill. The committee will meet again to discuss the amended substitute bill before this is endorsed to the plenary.

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