The House of Representatives on Wednesday night approved on second reading a bill that will introduce amendments to the economic provisions in the 1987 Constitution.
The Resolution of Both Houses 2 which was authored by Speaker Lord Allan Velasco received overwhelming support from the majority. The lower house may approve the proposal on third and final reading next week, the last week of session before adjournment on June 5.
Said legislation will need three-fourths vote of the 300 members of the House or 225 representatives to be approved on third reading.
Ako Bicol Rep. Alfredo Garbin Jr., chairman of the House committee on constitutional amendments, said RBH 2’s objectives, among others, is to bring about improvement in the quality of life of Filipinos by encouraging more investments that will create more jobs.