Proposal for Price Freeze on Construction Materials During Disasters
House Bill 16464, introduced by Rep. Alan Uno Ecleo, aims to freeze prices on essential construction materials during calamities to protect consumers and prevent exploitative practices. The bill seeks to amend the Price Act to include materials like galvanized iron sheets, nails, and cement, ensuring affordable rebuilding costs and quicker recovery. Another key proposal, House Bill 10233, focuses on proactive disaster response by allowing the declaration of a state of imminent disaster, enabling resource mobilization and preemptive action. Together, these bills aim to enhance disaster resilience and economic stability.
