1 
EIGHTEENTH CONGRESS OF THE  
) 
REPUBLIC OF THE PHILIPPINES  
) 
First Regular Session 
 
 
) 
 
 
SENATE 
 
S. No. _______ 
 
 
Introduced by Senator Ralph G. Recto 
 
 
AN ACT 
EXTENDING THE EFFECTIVITY OF REPUBLIC ACT NO. 11469, OTHERWISE 
KNOWN AS THE “BAYANIHAN TO HEAL AS ONE ACT,” PROVIDING 
MECHANISMS TO ACCELERATE THE RECOVERY AND BOLSTER THE 
RESILIENCY OF THE PHILIPPINE ECONOMY, AMENDING FOR THE PURPOSE 
REPUBLIC ACT NO. 11469, APPROPRIATING FUNDS THEREFOR, AND FOR 
OTHER PURPOSES 
 
EXPLANATORY NOTE 
 
The impact of the coronavirus disease (COVID-19) pandemic, both in terms of 
human life and economic growth, is quite staggering. Thus, this moment in our history 
is touted to be man’s darkest hour and perhaps, the bleakest period in this generation’s 
lifetime. 
 
COVID-19 Cases 
 
On the health front, as of May 26, 2020, about 5,508,904 cases have been 
recorded across the globe, of which 346,612 people have died. In the Philippines, as 
of May 26, 2020, the bulletin issued by the Department of Health (DOH) revealed that 
the COVID-19 pandemic has affected 14,669 individuals and caused the death of 886. 
The death toll suffered by the globe from the Ebola Virus Disease for two years has 
been eclipsed tenfold by the COVID-19 casualties in a span of less than five months. 
 
 
 
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06:59 pm
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2 
The Economic Impact 
 
On the economic front, individual and collective efforts to mitigate the 
transmission of the virus and to reduce the number of casualties have likewise caused 
the stagnation of global economic activity, in a magnitude unknown since the 
depression of 1936. Just recently, an updated World Economic Outlook of the 
International Monetary Fund (IMF) has projected the contraction of the global 
economy by three percent (3%) in 2020, much worse than the economic recession 
suffered during the 2008-2009 Global Financial Crisis. The International Labor 
Organization predicted that global unemployment figures will reach 25 million for 
Fiscal Year (FY) 2020, with loss of labor income amounting to as much as $3.4 Trillion. 
Estimates from the Philippine Institute of Development Studies (PIDS) show that the 
Philippines could suffer a 12.9% contraction of its economy.  
 
The Problem of Uncertainty and Lack of Confidence 
 
While short-term survival and mitigation of COVID-19 fatalities are paramount, 
the Philippines would eventually need to address another challenge posed by the 
pandemic: the problem of uncertainty and lack of business confidence.  
 
Global uncertainty during the COVID-19 pandemic, according to the World 
Uncertainty Index, is the highest in six decades, exceeding the global uncertainty 
caused by the US-China trade conflict, the European debt crisis, and the US-Iraq War. 
Uncertainty in times of pandemic affects the minds of policymakers, business owners, 
and ordinary citizens alike. The dramatic and unexpected impact on the economy has 
dampened the confidence of business in its ability to survive and eventually 
turnaround. This is aggravated by consumers whose fears of the sustainability of 
future incomes lead them to cut expenditures to the barest minimum and therefore 
creating problems in industries considered non-essential but nevertheless account for 
a substantial production in the economy.  
 


3 
The effect can be as trivial as small businesses imposing a moratorium on hiring 
new personnel; but it could also be as critical and complicated as losing billions of 
dollars’ worth of foreign direct investments from capital flight, or potential depleting 
of foreign currency reserves due to displacement of migrant workers abroad. For 
consumers, it could mean postponing travel, cutting on the purchase of personal 
effects like clothes, shoes, bags and the like or avoiding restaurants and curtailing 
entertainment. If and when the disease is brought under control, the government has 
to take the lead in the Aegean task of reducing socioeconomic uncertainty towards 
creating confidence in the economy. 
 
Objectives of the Recovery Program 
 
Such return to normalcy would require the realization of two objectives. First, 
it will mean the reactivation of disrupted economic activities, reopening of shuttered 
industries and enterprises, and reemployment of displaced workforces. Second, and 
most importantly, return to normalcy must come with the development of stronger 
mechanisms to prevent and control disease outbreaks and epidemics like COVID-19 
in the future.  
 
Extension of Validity of Bayanihan Act 
 
 
The bill seeks to extend the validity of Republic Act No. 11469, otherwise known 
as the “Bayanihan to Heal as One Act” up to September 30, 2020. This will allow the 
government to pursue aggressively its efforts to contain the transmission of COVID 19 
as well as to provide stimulus as the economy starts to open up. 
 
 
Hence, the President shall continue to have the power to realign appropriations 
provided under the FYs 2019 and 2020 General Appropriations Act (GAA) to programs 
and projects that will mitigate the impact of the COVID-19 pandemic, among other 
necessary emergency powers.  
 
 


4 
 
The bill also grants the President the following additional powers: 
 
1. Provide wage subsidies equivalent to one hundred percent (100%) of the 
applicable minimum wage rate for a maximum of two (2) months to 
critically-impacted displaced workers, freelancers, the self-employed and 
repatriated Overseas Filipino Workers (OFWs) in industries that are directly 
impacted by the COVID-19 pandemic and those that support priority 
programs of the government; 
 
2. Extend education subsidies to students and teaching and non-teaching 
personnel in private educational institutions who are facing financial 
difficulties brought about by the community quarantine as follows: a) 
Tuition subsidy amounting to PHP 8,000 each for qualified students in 
Private Higher Education who are neither part of the Listahanan of the 
Department of Social Welfare and Development (DSWD) nor covered under 
the Tertiary Education Subsidy (TES); b) Tuition subsidy in the amount of 
PHP 3,000 each for students in private elementary, and junior high school, 
who are not current recipients of Education Service Contracting (ESC) under 
Republic Act No. 8545, and students in private Senior High Schools who are 
not current recipients of the Senior High School Voucher Program (SHS VP) 
under Republic Act No. 10533; c) Provide a one-time cash assistance of PHP 
5,000 to PHP 8,000 to affected and displaced teaching and non-teaching 
personnel in private basic education schools and HEIs and part-time faculty 
members in State Universities and Colleges (SUCs) due to the deferred 
opening or reduced offering of classes during the community quarantine; 
 
3. Direct all banks, and other financial institutions including the Government 
Service Insurance System, Social Security System and Pag-ibig Fund, and 
utility companies, to implement a payment scheme to persons with multiple 
loans, such that after the grant of a minimum of thirty (30)-day grace 
period, settlement of unpaid loans shall be deferred to the end of the loan 
term without incurring interests, penalties, fees or other charges, in effect 


5 
extending the maturity of the loan to a period equal to the period of 
quarantine. Moreover, unpaid credit card and utility bills shall be settled on 
an installment basis without interest and penalties until December 31, 2020; 
 
4. Direct the Department of Agriculture to extend assistance to qualified agri-
fishery enterprises, farmers, fisherfolk, and other agricultural workers; and 
 
5. Direct the Department of Information and Communications Technology 
(DICT) to accelerate the deployment of critical ICT infrastructure, 
equipment, software, and wireless technologies throughout the country to 
address the need for digital connectivity, internet speed and stability, and 
cybersecurity in e-commerce, e-government, online learning, and 
telecommuting during the COVID-19 pandemic;  
 
Reserve Appropriations for Economic Recovery and Resiliency 
 
 
The bill grants the President a standby spending authority of PHP 
600,000,000,000 the release of which, shall be subject to the collection of increased 
revenues, new tax or non-tax revenues, or available proceeds for approved 
borrowings, as follows:  
 
Emergency Subsidy to Workers  
 
 
PHP 30,000,000,000 
 
The bill will protect the incomes of workers as it grants wage subsidies 
to industries that are directly impacted by the COVID-19 pandemic and those 
that support priority programs of the government. 
 
 
 
Cash for Work Program  
 
 
           PHP 20,000,000,000 
 
 
 
This employment intervention will provide temporary jobs to those who 
have been displaced by the closure of businesses as a result of the economic 
downturn. The jobs may include the temporary hiring of contact tracers, data 


6 
encoders and other personnel needed in the response to the COVID-19 
pandemic. 
 
 
Prevention and Control of Other Diseases  
PHP 20,000,000,000 
 
The bill will enhance the capacity of the Department of Health to provide 
better health services for Filipinos by implementing programs and projects that 
will enhance the capacity of public health care institutions to provide safe and 
quality health care services and to eliminate, prevent and control other 
diseases including Measles, Tuberculosis, Malaria, Hepatitis, Sexually 
Transmitted Diseases, and other non-communicable diseases, among others. 
With the present priority given to COVID-19, interventions for these other 
diseases have been neglected while deserving attention as these too have 
dreadful effects on the health and life of the people. 
 
 
Large-Scale COVID-19 Testing                                       PHP 10,000,000,000 
 
The bill sustains and scales up diagnostic testing efforts under the Trace-
Test-Treat (T3) Manage System adopted under the National Action Plan Against 
COVID-19 by providing resources to procure testing kits, supplies, materials 
and reagents necessary to conduct large-scale testing in the country.  
 
Capital Infusion to Government Banks 
           PHP 70,000,000,000 
 
This bill provides for standby appropriation of PHP 70 Billion, of which 
PHP 20 Billion is for an expanded guarantee program through the Philippine 
Guarantee Corporation (PGC) such as increased maximum loan guarantee; 
reduced eligibility requirements and guarantee fees. 
 
On the other hand, the amount of PHP 35 Billion and PHP 15 Billion is 
allocated to the LBP and DBP, respectively, to support the grant of low-interest 
loans for MSMEs, agri-fishery enterprises, primary tourism enterprises, export 


7 
and import industries, and Enhanced Community Quarantine (ECQ) non-
essential businesses and other affected sectors. 
 
Support Programs for Impacted Sectors            PHP 80,000,000,000 
 
The amount of PHP 80 Billion shall be utilized for programs and projects 
intended for health workers, displaced Overseas Filipino Workers (OFW), 
displaced employees and workers in the formal and informal economy, 
displaced teaching and non-teaching personnel employed; employees and 
workers in the public transport industry; and other critically-impacted sectors. 
 
Support to the Agricultural Sector  
           PHP 20,000,000,000 
 
 
 
The amount of PHP 20 billion shall be used to provide assistance to 
qualified agri-fishery enterprises and farmers and fisherfolk registered under 
the Registry System for Basic Sectors in Agriculture (RSBSA) to ensure food 
security and continuous productivity of the agricultural sector. 
 
 
Funding for Realigned  
Programs and Projects                                         PHP 350,000,000,000 
 
 
Under the Bayanihan Heal as One Act, the amount of PHP 350 Billion 
was made available for programs and projects in response to the COVID-19 
pandemic. This amount was financed by appropriations under the FYs 2019 
and 2020 General Appropriations Act that were deemed discontinued, 
abandoned, reprogrammed, reallocated, or realigned. Under this bill, said 
programs and projects are again funded in order that the original priorities of 
the government will not be derailed. 
 
 
 


8 
Ultimately, the bill seeks to save lives and protect incomes as well as strengthen 
the resilience of our socioeconomic institutions in dealing with the pandemic. These 
interventions are being sought to soften the impact of a projected economic downturn, 
and to accelerate the socioeconomic recovery of the country. 
  
In light of the foregoing, immediate passage of the bill is earnestly sought. 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
RALPH G. RECTO 
 
 
 
/mcp/ezl/aim/jiao/mjma/mksbc/ejcv/mdg 
 
 
 
 


1 
EIGHTEENTH CONGRESS OF THE  
) 
REPUBLIC OF THE PHILIPPINES  
) 
First Regular Session 
 
 
) 
 
SENATE 
 
S. No. _______ 
 
 
Introduced by Senator Ralph G. Recto 
 
 
AN ACT 
EXTENDING THE EFFECTIVITY OF REPUBLIC ACT NO. 11469, OTHERWISE 
KNOWN AS THE “BAYANIHAN TO HEAL AS ONE ACT,” PROVIDING 
MECHANISMS TO ACCELERATE THE RECOVERY AND BOLSTER THE 
RESILIENCY OF THE PHILIPPINE ECONOMY, AMENDING FOR THE PURPOSE 
REPUBLIC ACT NO. 11469, APPROPRIATING FUNDS THEREFOR, AND FOR 
OTHER PURPOSES 
 
Be it enacted by the Senate and House of Representatives of the Philippines in 
Congress assembled: 
 
Section 1. Short Title. – This Act shall be known as “Bayanihan to Recover as 
1 
One Act.” 
2 
Sec. 2. Declaration of Policy. – It is hereby declared the policy of the State to 
3 
promote a just and dynamic social order that will ensure the prosperity and 
4 
independence of the nation and free the people from poverty, particularly in the 
5 
aftermath of natural and man-made disasters, through policies that provide adequate 
6 
social services, promote full employment, a rising standard of living, and an improved 
7 
quality of life for all. Towards this end, and in cognizance of the adverse impact of the 
8 
2019 Coronavirus Disease (COVID-19) pandemic to the Philippine economy and 
9 
society, the State shall likewise establish mechanisms to achieve the following 
10 
objectives: 
11 
(a) Reduce the adverse impact of COVID-19 on the socioeconomic well-being 
12 
of Filipinos through the provision of assistance, subsidies and other forms of 
13 
socioeconomic relief; 
14 
May 27 2020
06:59 pm
1561


2 
(b) Sustain efforts to test, trace, isolate and treat COVID-19 cases to mitigate 
1 
the transmission of the disease and prevent further loss of lives; 
2 
(c) Enhance the capacity of the Philippine health care system to eliminate, 
3 
prevent and control disease outbreaks and pandemics; 
4 
(d) Mitigate the economic cost and losses stemming from the coronavirus 
5 
disease pandemic; 
6 
(e) Restore public trust and confidence on social and economic institutions; 
7 
(f) Accelerate the recovery and bolster the resilience of the Philippine economy 
8 
through measures grounded on economic inclusivity and collective growth; and 
9 
(g) Promote and protect the collective interests of all Filipinos in these 
10 
challenging times.  
11 
By reason thereof, and in order to optimize the efforts of the President to carry 
12 
out the tasks needed to realize the aforementioned objectives, it is imperative to 
13 
extend the effectivity of the emergency powers granted to him pursuant to Republic 
14 
Act No. 11469 subject to such limitations as hereinafter provided.  
15 
Sec. 3. Section 4 of Republic Act No. 11469 is hereby amended to read as 
16 
follows: 
17 
“Sec. 4. Authorized Powers. – Pursuant to Article VI, Section 23 
18 
(2) of the Constitution, the President is hereby authorized to exercise 
19 
the powers that are necessary and proper to carry out the declared 
20 
national policy. The President shall have the power to adopt the 
21 
following temporary emergency measures to respond to crisis brought 
22 
about by the pandemic: 
23 
“(a) xxx; 
24 
“(b) Expedite and streamline the accreditation of testing kits and 
25 
facilitate prompt testing by public and designated private institutions of 
26 
SUSPECTED AND PROBABLE COVID-19 CASES [PUIs and PUMs] 
27 
and the compulsory and immediate isolation and treatment of 
28 
CONFIRMED COVID-19 patients: Provided, That the cost of 
29 
treatment for COVID-19 patients shall be covered under the National 
30 
Health Insurance Program of the Philippine Health Insurance 
31 
Corporation (PHIC); 
32 


3 
“(c) xxx; 
1 
“(D) PROVIDE WAGE SUBSIDIES TO CRITICALLY-
2 
IMPACTED DISPLACED WORKERS, FREELANCERS, THE SELF-
3 
EMPLOYED AND REPATRIATED OVERSEAS FILIPINO WORKERS 
4 
(OFWS): 
PROVIDED, 
THAT 
THE 
AMOUNT 
OF 
WAGE 
5 
AMELIORATION SHALL BE EQUIVALENT TO ONE HUNDRED 
6 
PERCENT (100%) OF THE APPLICABLE MINIMUM WAGE RATE 
7 
FOR A MAXIMUM OF TWO (2) MONTHS: PROVIDED, FURTHER, 
8 
THAT THE WORKERS HAVE BEEN DIRECTLY IMPACTED BY THE 
9 
COVID-19 PANDEMIC, SUCH AS THOSE IN THE TOURISM, 
10 
PUBLIC TRANSPORTATION AND TRADE INDUSTRIES, AND 
11 
THOSE THAT SUPPORT PRIORITY PROGRAMS OF THE 
12 
GOVERNMENT; 
13 
“[(d)] E xxx; 
14 
“[(e)] F Direct the [Philippine Health Insurance Corporation 
15 
(Philhealth)] PHIC to shoulder all medical expenses of public and 
16 
private health workers in case of exposure to COVID-19 or any work-
17 
related injury or disease during the duration of the emergency; 
18 
“[(f)] G xxx; 
19 
“(H) THE PERTINENT PROVISIONS OF REPUBLIC ACT NO. 
20 
10931, OTHERWISE KNOWN AS THE “UNIVERSAL ACCESS TO 
21 
QUALITY TERTIARY EDUCATION ACT;” REPUBLIC ACT NO. 
22 
8545, OTHERWISE KNOWN AS THE “EXPANDED GOVERNMENT 
23 
ASSISTANCE TO STUDENTS AND TEACHERS IN PRIVATE 
24 
EDUCATION” OR THE “E-GASTPE ACT;” AND REPUBLIC ACT NO. 
25 
10533, OTHERWISE KNOWN AS THE “ENHANCED BASIC 
26 
EDUCATION ACT OF 2013” OR THE “K TO 12 LAW,” TO THE 
27 
CONTRARY NOTWITHSTANDING, PROVIDE TUITION SUBSIDY 
28 
TO STUDENTS WHO ARE CURRENTLY NOT RECEIVING ANY 
29 
ASSISTANCE FROM GOVERNMENT EDUCATIONAL SUBSIDY OR 
30 
VOUCHER PROGRAMS BUT ARE NOW FACING FINANCIAL 
31 
DIFFICULTIES BROUGHT ABOUT BY WORK STOPPAGE AND 
32 


4 
CLOSURE OF ESTABLISHMENTS DUE TO THE COMMUNITY 
1 
QUARANTINE AS FOLLOWS: 
2 
“(i) QUALIFIED STUDENTS IN PRIVATE HIGHER 
3 
EDUCATION 
WHO 
ARE 
NEITHER 
PART 
OF 
THE 
4 
LISTAHANAN OF THE DEPARTMENT OF SOCIAL WELFARE 
5 
AND DEVELOPMENT (DSWD) NOR COVERED UNDER THE 
6 
TERTIARY EDUCATION SUBSIDY (TES) AS PROVIDED IN 
7 
REPUBLIC ACT NO. 10931 SHALL RECEIVE A TUITION 
8 
SUBSIDY IN THE AMOUNT OF EIGHT THOUSAND PESOS 
9 
(PHP 8,000.00) PER STUDENT: PROVIDED, THAT THE 
10 
GEOGRAPHIC PRIORITIZATION OF AREAS WHERE 
11 
THERE ARE NO STATE UNIVERSITIES AND COLLEGES 
12 
(SUCS) AND LOCAL UNIVERSITIES AND COLLEGES 
13 
(LUCS) UNDER REPUBLIC ACT NO. 10931 SHALL BE 
14 
SUSPENDED TO MAKE QUALIFIED STUDENTS UNDER 
15 
THIS SUBSECTION ELIGIBLE; AND 
16 
“(ii) 
QUALIFIED 
STUDENTS 
IN 
PRIVATE 
17 
ELEMENTARY AND JUNIOR HIGH SCHOOL, AND SENIOR 
18 
HIGH SCHOOL WHO ARE CURRENTLY NOT RECEIVING 
19 
ASSISTANCE 
UNDER 
THE 
EDUCATION 
SERVICE 
20 
CONTRACTING (ESC) AS PROVIDED IN REPUBLIC ACT 
21 
NO. 8545, OR SENIOR HIGH SCHOOL VOUCHER 
22 
PROGRAM (SHS VP) AS PROVIDED IN REPUBLIC ACT NO. 
23 
10533, AS MAY BE APPLICABLE, SHALL RECEIVE A 
24 
TUITION 
SUBSIDY 
IN 
THE 
AMOUNT 
OF 
THREE 
25 
THOUSAND PESOS (PHP 3,000.00) PER STUDENT. 
26 
EDUCATION 
SUBSIDIES 
GRANTED 
UNDER 
THIS 
27 
SUBSECTION SHALL BE RELEASED DIRECTLY TO THE PRIVATE 
28 
HIGHER EDUCATION INSTITUTIONS OR PRIVATE BASIC 
29 
EDUCATION SCHOOLS, RESPECTIVELY, FOR THE PURPOSE OF 
30 
APPLYING THE SUBSIDY FOR UNPAID TUITION IN SCHOOL 
31 
YEAR 2019-2020: PROVIDED, THAT THE SUBSIDY SHALL BE 
32 


5 
RELEASED PRIOR TO THE OPENING OF SCHOOL YEAR 2020-
1 
2021 OR WITHIN A REASONABLE PERIOD AFTER SCHOOL 
2 
OPENING BUT IN NO CASE LATER THAN SEPTEMBER 2020; 
3 
“(I) PROVIDE A ONE-TIME CASH ASSISTANCE TO 
4 
AFFECTED AND DISPLACED TEACHING AND NON-TEACHING 
5 
PERSONNEL IN PRIVATE BASIC EDUCATION SCHOOLS AND 
6 
HIGHER EDUCATION INSTITUTIONS AND PART-TIME FACULTY 
7 
IN SUCs DUE TO THE DEFERRED OPENING OR REDUCED 
8 
OFFERING 
OF 
CLASSES 
DURING 
THE 
COMMUNITY 
9 
QUARANTINE: PROVIDED, THAT THE SUBSIDY SHALL AMOUNT 
10 
TO A MINIMUM OF FIVE THOUSAND PESOS (P5,000) UP TO A 
11 
MAXIMUM OF EIGHT THOUSAND PESOS (P8,000) COMPUTED 
12 
BASED ON THE PREVAILING REGIONAL MINIMUM WAGE 
13 
RATES; 
14 
“[(g)] (J) xxx; 
15 
“[(h)] (K) xxx; 
16 
“[(i)] (L) xxx; 
17 
“[(j)] (M) xxx; 
18 
“[(k)] (N) xxx; 
19 
“[(l)] (O) xxx; 
20 
“[(m)] (P) xxx; 
21 
“[(n)] (Q) xxx; 
22 
“[(o)] (R) xxx; 
23 
“[(p)] (S) xxx; 
24 
“[(q)] (T) xxx; 
25 
“(U) DIRECT THE DEPARTMENT OF AGRICULTURE (DA) 
26 
TO PROVIDE EXTENSION SUPPORT, FINANCIAL SUBSIDIES OR 
27 
OTHER FORMS OF ASSISTANCE TO QUALIFIED AGRI-FISHERY 
28 
ENTERPRISES, 
FARMERS, 
FISHERFOLK, 
AND 
OTHER 
29 
AGRICULTURAL WORKERS; 
30 
“(V) DIRECT THE DEPARTMENT OF INFORMATION AND 
31 
COMMUNICATIONS TECHNOLOGY (DICT) TO ACCELERATE THE 
32 
DEPLOYMENT 
OF 
CRITICAL 
ICT 
INFRASTRUCTURE, 
33 


6 
EQUIPMENT, SOFTWARE, AND WIRELESS TECHNOLOGIES 
1 
THROUGHOUT THE COUNTRY TO ADDRESS THE NEED FOR 
2 
DIGITAL CONNECTIVITY, INTERNET SPEED AND STABILITY, 
3 
AND CYBERSECURITY IN E-COMMERCE, E-GOVERNMENT, 
4 
ONLINE LEARNING, AND TELECOMMUTING DURING THE 
5 
COVID-19 PANDEMIC; 
6 
“[(r)] (W) xxx; 
7 
“[(s)] (X) xxx; 
8 
“[(t)] (Y) xxx; 
9 
“[(u)] (Z) xxx; 
10 
“[(v)] (AA) xxx; 
11 
“[(w)] (BB) xxx; 
12 
“[(x)] (CC) xxx; 
13 
“[(y)] (DD) xxx; 
14 
“(EE) UTILIZE THE RESERVE APPROPRIATIONS AS 
15 
PROVIDED IN SECTION 5 OF THIS ACT; 
16 
“[(z)] (FF) Move statutory deadlines and timelines for the filing 
17 
and submission of any document, the payment of taxes, fees, and other 
18 
charges required by law, and the grant of any benefit, in order to ease 
19 
the burden on individuals under Community Quarantine; 
20 
“[(aa)] (GG) Direct all banks, quasi-banks, financing companies, 
21 
lending companies, UTILITY COMPANIES and other financial 
22 
institutions, public and private, including the Government Service 
23 
Insurance System, Social Security System and Pag-ibig Fund, to 
24 
implement a minimum of a thirty (30)-day grace period for the payment 
25 
of all loans, including but not limited to salary, personal, housing, and 
26 
motor vehicle loans, as well as credit card AND UTILITY payments, 
27 
falling due within the period of the [enhanced] Community Quarantine 
28 
without incurring interests, penalties, fees, or other charges[.]: 
29 
PROVIDED, THAT persons with multiple loans shall [likewise] be given 
30 
the minimum thirty (30)-day grace period for every loan[;]: 
31 
PROVIDED, FURTHER, THAT AFTER THE GRACE PERIOD, 
32 


7 
PAYMENT OF UNPAID CONSUMER LOANS SHALL BE DEFERRED 
1 
TO THE END OF THE LOAN TERM, WITHOUT INCURRING 
2 
INTEREST ON INTERESTS, PENALTIES, FEES OR OTHER 
3 
CHARGES, THEREBY EXTENDING THE MATURITY OF THE SAID 
4 
LOANS TO A PERIOD EQUAL TO THE PERIOD OF COMMUNITY 
5 
QUARANTINE: PROVIDED, FINALLY, THAT UNPAID CREDIT 
6 
CARD AND UTILITY BILLS SHALL BE SETTLED ON A STAGGERED 
7 
BASIS 
WITHOUT 
INTERESTS, 
PENALTIES 
AND 
OTHER 
8 
CHARGES UNTIL DECEMBER 31, 2020; 
9 
“[(bb)] (HH) Provide for a minimum of thirty (30)-day grace 
10 
period on residential rents falling due within the period of the 
11 
[enhanced] community quarantine, without incurring interests, 
12 
penalties, fees, and other charges; 
13 
“[(cc)] (II) xxx. 
14 
“[(dd)] (JJ) Lift the thirty percent (30%) cap on the amount 
15 
appropriated for the quick response fund, as provided for in Republic 
16 
Act No. 10121 of the “Philippine Disaster Risk Reduction and 
17 
Management Act of 2010”, during the existence of the state of national 
18 
emergency due to COVID-19; AND 
19 
“[(ee)] (KK) Undertake such other measures as may be 
20 
reasonable and necessary to enable the President to carry out the 
21 
declared national policy subject to the Bill of Rights and other 
22 
constitutional guarantees.” 
23 
Sec. 4. A new Section 5 is hereby inserted after Section 4 of Republic Act No. 
24 
11469 to read as follows: 
25 
“SEC. 5. RESERVE APPROPRIATIONS FOR ECONOMIC 
26 
RECOVERY AND RESILIENCY. – A STANDBY APPROPRIATION 
27 
AMOUNTING 
TO 
SIX 
HUNDRED 
BILLION 
PESOS  
28 
(PHP 
600,000,000,000) 
SHALL 
BE 
APPROPRIATED 
AS 
29 
FOLLOWS: 
30 


8 
“(A) THIRTY-BILLION PESOS (PHP 30,000,000,000) FOR 
1 
EMERGENCY 
SUBSIDY 
TO 
WORKERS 
IN 
CRITICALLY-
2 
IMPACTED SECTORS AND INDUSTRIES; 
3 
“(B) TWENTY BILLION PESOS (PHP 20,000,000,000) FOR 
4 
THE IMPLEMENTATION OF CASH-FOR-WORK PROGRAM, SUCH 
5 
AS, BUT NOT LIMITED TO TEMPORARY HIRING OF CONTRACT 
6 
TRACERS, DATA ENCODERS, AND OTHER PERSONNEL AS MAY 
7 
BE NECESSARY IN THE RESPONSE TO THE COVID-19 
8 
PANDEMIC; 
9 
“(C) TEN BILLION PESOS (PHP 10,000,000,000) FOR THE 
10 
PROCUREMENT OF TESTING KITS, SUPPLIES, MATERIALS, AND 
11 
REAGENTS TO BE USED FOR THE CONDUCT OF COVID-19 
12 
TESTING; 
13 
“(D) SEVENTY BILLION PESOS (PHP 70,000,000,000) 
14 
FOR THE INFUSION OF CAPITAL TO GOVERNMENT FINANCIAL 
15 
INSTITUTIONS TO BE ALLOCATED AS FOLLOWS:  
16 
“(I) 
TWENTY 
BILLION 
PESOS 
(PHP 
17 
20,000,000,000) 
FOR 
THE 
CREDIT 
GUARANTEE 
18 
PROGRAM 
OF 
THE 
PHILIPPINE 
GUARANTEE 
19 
CORPORATION; 
20 
“(II) 
THIRTY-FIVE 
BILLION 
PESOS 
(PHP 
21 
35,000,000,000) TO SUPPORT WHOLESALE BANKING 
22 
AND EQUITY INFUSION OF THE LAND BANK OF THE 
23 
PHILIPPINES; AND 
24 
“(III) 
FIFTEEN 
BILLION 
PESOS 
(PHP 
25 
15,000,000,000) TO SUPPORT WHOLESALE BANKING 
26 
AND EQUITY INFUSION OF THE DEVELOPMENT BANK OF 
27 
THE PHILIPPINES; 
28 
“(E) TWENTY BILLION PESOS (PHP 20,000,000,000) FOR 
29 
THE EHANCEMENT OF CAPACITIES OF THE DEPARTMENT OF 
30 
HEALTH (DOH) IN THE PROVISION OF HEALTHCARE SERVICES 
31 
AND THE IMPLEMENTATION OF PROGRAMS AND PROJECTS TO 
32 


9 
ELIMINATE, PREVENT AND CONTROL DISEASES OTHER THAN 
1 
COVID-19; 
2 
“(F) TWENTY BILLION PESOS (PHP 20,000,000,000) TO 
3 
PROVIDE DIRECT CASH ASSISTANCE, INTEREST-FREE LOANS, 
4 
AND OTHER FORMS OF ASSISTANCE TO QUALIFIED AGRI-
5 
FISHERY ENTERPRISES AND FARMERS AND FISHERFOLK 
6 
REGISTERED UNDER THE REGISTRY SYSTEM FOR BASIC 
7 
SECTORS IN AGRICULTURE (RSBSA) TO ENSURE FOOD 
8 
SECURITY 
AND 
CONTINUOUS 
PRODUCTIVITY 
IN 
THE 
9 
AGRICULTURAL SECTOR; 
10 
“(G) EIGHTY BILLION PESOS (PHP 80,000,000,000) TO 
11 
SUPPORT VARIOUS PROGRAMS AND PROJECTS FOR PUBLIC 
12 
AND PRIVATE HEALTH WORKERS, DISPLACED OVERSEAS 
13 
FILIPINO WORKERS, DISPLACED EMPLOYEES AND WORKERS 
14 
IN THE FORMAL AND INFORMAL ECONOMY; DISPLACED 
15 
TEACHING AND NON-TEACHING PERSONNEL IN PUBLIC AND 
16 
PRIVATE EDUCATIONAL INSTITUTIONS; EMPLOYEES AND 
17 
WORKERS IN THE PUBLIC TRANSPORT SECTOR; DISPLACED 
18 
WORKERS IN THE TOURISM INDUSTRY;  AND 
OTHER 
19 
CRITICALLY-IMPACTED SECTORS AS MAY BE IDENTIFIED BY 
20 
THE 
INTER-AGENCY 
TASK 
FORCE 
(IATF) 
FOR 
THE 
21 
MANAGEMENT OF EMERGING INFECTIOUS DISEASES; AND 
22 
“(H) 
THREE 
HUNDRED 
FIFTY 
BILLION 
(PHP 
23 
350,000,000,000) 
TO 
FINANCE 
ANY 
APPROPRIATION 
24 
DISCONTINUED, 
ABANDONED, 
REPROGRAMMED, 
25 
REALLOCATED, REALIGNED OR UTILIZED IN RESPONSE TO 
26 
THE COVID-19 PANDEMIC PURSUANT TO SECTION 4 OF 
27 
REPUBLIC ACT NO. 11469: 
28 
“PROVIDED, THAT THE AMOUNTS AUTHORIZED HEREIN 
29 
MAY ONLY BE USED WHEN ANY OF THE FOLLOWING EXISTS:  
30 
“(A) EXCESS REVENUE COLLECTION IN ANY ONE OF THE 
31 
IDENTIFIED TAX OR NON-TAX REVENUE SOURCES FROM ITS 
32 


10 
CORRESPONDING REVENUE COLLECTION TARGET, AS MAY BE 
1 
ESTABLISHED BY THE DEVELOPMENT BUDGET COORDINATING 
2 
COMMITTEE; 
3 
“(B) NEW REVENUE COLLECTIONS OR THOSE ARISING 
4 
FROM NEW TAX OR NON-TAX SOURCES WHICH ARE NOT PART 
5 
OF NOR INCLUDED IN THE ORIGINAL SOURCES AS IDENTIFIED 
6 
BY THE DEVELOPMENT BUDGET COORDINATING COMMITTEE; 
7 
AND  
8 
“(C) 
PROCEEDS 
FROM 
APPROVED 
LOANS 
FOR 
9 
PROGRAMS AND PROJECTS: 
10 
“PROVIDED, FURTHER, THAT THE DEPARTMENT OF 
11 
BUDGET AND MANAGEMENT SHALL SUBMIT REPORTS ON THE 
12 
RELEASES MADE PURSUANT TO THIS SECTION AS PART OF THE 
13 
WEEKLY REPORT AS MANDATED IN REPUBLIC ACT NO. 11469.” 
14 
Sec. 5. The succeeding sections of Republic Act No. 11469 are hereby 
15 
renumbered accordingly. 
16 
Sec. 6. Section 9 of Republic Act No. 11469 is hereby renumbered as Section 
17 
10 and amended to read as follows: 
18 
“Sec. 10. Effectivity – This Act shall take effect immediately upon 
19 
its publication in a newspaper of general circulation or in the Official 
20 
Gazette and shall be in full force and effect [only for three (3) months] 
21 
UNTIL SEPTEMBER 30, 2020, unless extended by Congress: 
22 
Provided, That the powers granted under this Act may be withdrawn 
23 
sooner by means of concurrent resolution of Congress or ended by 
24 
Presidential Proclamation.” 
25 
Sec. 7. Separability Clause. – If any provision, section or part of this Act shall 
26 
be declared unconstitutional or invalid, such judgment shall not affect, invalidate or 
27 
impair any other provisions, sections or parts hereof. 
28 
Sec. 8. Repealing Clause. – All laws, acts, decrees, executive orders, issuances, 
29 
and rules and regulations or parts thereof which are contrary to and inconsistent with 
30 
this Act are hereby repealed, amended or modified accordingly. 
31 


11 
Sec. 9. Effectivity. – This Act shall take effect fifteen (15) days following its 
1 
publication in at least two (2) newspapers of general circulation or in the Official 
2 
Gazette. 
3 
Approved,