The Senate and the House of Representatives have ratified the final reconciled version of a bill seeking to provide electric cooperatives (ECs) with a P750-million emergency and resiliency fund.

Both chambers straightened out differing provisions of Senate Bill 1461 and House Bill 7054 under the proposed Electric Cooperatives Emergency and Resiliency Fund Act (ECERF), which is expected to benefit all 122 electric cooperatives in the country.

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