AN ACT
INSTITUTIONALIZING AN INSTALLMENT PAYMENT SCHEME ON BASIC
UTILITY BILLS DURING CALAMITIES, AND FOR OTHER PURPOSES, TO BE
KNOWN AS THE "THREE-GIVES LAW"
EXPLANATORY NOTE
Section 10, Article III of the 1987 Constitution provides that no law impairing the obligation of contracts shall be passed. However, in the case of Abe v. Foster Wheeler Corporation, L-14785, November 29, 1960, the Supreme Court said that "the constitutional guaranty of non-impairment... is limited by the exercise of the police power of the State, in the interest of public health, safety, morals and general welfare."
It is the intent of this measure to uphold the general welfare of the people and to assist their economic well-being immediately after the occurrence of natural or man-made calamities or health epidemics.
This measure seeks to provide a moratorium on all electric, water and telephone bills during the entire duration of a state of calamity. This measure also provides for an installment scheme on all amounts which fell due during the moratorium period in order to promote social justice and insure the economic security of the people.
In the light of the foregoing, the passage of this bill earnestly sought.
FRANCIS "TOL" N. TOLENTINO
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Installment payment scheme on basic utility bills pushed
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on
May 17, 2020
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