HB08217: AN ACT EXTENDING THE AVAILABILITY OF APPROPRIATIONS UNDER REPUBLIC ACT NO. 11494, OTHERWISE KNOWN AS THE “BAYANIHAN TO RECOVER AS ONE ACT”
House Bill No. 8217, also known as the "Bayanihan to Recover as One Act," primarily aims to extend the availability of appropriations under Republic Act No. 11494 until June 30, 2021. This extension also applies to funds from the General Appropriations Act of 2020 that were reprogrammed or reallocated for COVID-19 interventions. The bill ensures that allotments for these fund releases, including those from other sources enumerated in Section 11 of the original Bayanihan Act, remain valid for obligation and disbursement until the same date.
The significance of this bill to the people lies in its continued support for COVID-19 response and recovery efforts. By extending the validity of these appropriations, the government ensures that essential programs, projects, and activities aimed at assisting citizens and the economy in mitigating the adverse effects of the pandemic can continue to be funded and implemented. This includes financial assistance, healthcare support, and other initiatives crucial for national recovery, providing a continued lifeline for those affected by the health crisis.