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PBBM ink Negros Island Region Act, Real Property Valuation and Assessment Reform Act to further improve and expedite the delivery of government services for various needs and concerns of Filipinos
PTVPhilippines
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6/13/2024
PBBM ink Negros Island Region Act, Real Property Valuation and Assessment Reform Act to further improve and expedite the delivery of government services for various needs and concerns of Filipinos
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00:00
Finally, no longer does one Negros province have to play second fiddle to the other,
00:04
thanks to the president signing into law the consolidation of both provinces into one,
00:09
where the distribution of revenues and benefits from national government are more equitable.
00:14
William Theo tells us more to include the sub-island province of Guimaras
00:18
also in the Negros region consolidation.
00:22
President Ferdinand R. Marcos Jr. signed the Negros Island Region Act,
00:27
which consolidates the provinces of Negros Occidental, including Bacolod City,
00:32
Negros Oriental, and Siquijor into one region, the Negros Island Region, or NIR.
00:40
According to the president, it is high time to enact this proposed measure,
00:44
especially as Negrenses are on the same island but managed by different administrative regions.
00:51
Hence, the delivery of government services are delayed,
00:54
leading to a slow, staggered, and unequal pace of development.
00:59
For decades now, Negrenses have endured the rigors of sea travel, unnecessary expenses,
01:04
bureaucratic red tape, inefficiency that this arrangement has brought, especially when
01:12
there is a need to urgently access government services from regional centers on other islands.
01:19
Even glaring, even glaring, equally glaring is the uneven growth and
01:24
disparity of funding between the two provinces, which share many of the same
01:28
natural resources and industries, such as sugar, tourism, renewable energy.
01:33
The government will also push for the NIR to be a center of progress and prosperity in Visayas
01:40
by accelerating socioeconomic development and providing resources,
01:45
investments, and effective economic planning.
01:48
Indeed, in unity there is always strength, and that is what we are building.
01:53
And I trust that the people of the newly established Negros Island Region will work
01:58
together to complement each other's strengths to build a more united and flourishing Negrense
02:05
community. And this is something that the national government will have to play a very large part in,
02:12
and we pledge that assistance so that we can bring this new region up to speed as quickly
02:19
as possible.
02:20
According to Negros Occidental 3rd District Representative Kiko Benitez,
02:25
this is a huge deal for them because government service will be closer to the people and
02:31
development of the area will be faster. A technical working group will also be
02:35
formed to create a plan and roadmap for proper institutional arrangement
02:40
and organizational development in NIR. President Marcos Jr. also signed the Real
02:47
Property Valuation and Assessment Reform Act, which is included in the priority bills of the
02:53
current administration and in the common legislative agenda. It is intended to
02:59
accelerate the automation of services provided by government agencies for proper tax collection,
03:05
which, according to the president, will have increased revenues, create jobs,
03:10
and attract investments to the country. A law that streamlines and enhances the real
03:16
property valuation and assessment system through a uniform real property appraisal that is compliant
03:23
with international standards. It also adopts the prevailing market value as the single real
03:30
property valuation base for the assessment of real property tax.
03:35
LGU service will also be modernized through a real property information system for an up-to-date
03:42
electronic database of real property transactions and declarations nationwide. President Marcos Jr.
03:49
encouraged government agencies to properly implement the new laws to ensure the public
03:54
reaps the benefits. The chief executive also said that the government will work with both
03:59
Houses of Congress to pass other priority bills before the year ends to improve the living
04:05
conditions for every Filipino. William Theo from the National TV Network for a new and better
04:12
Philippines.
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