The automatic release of Internal Revenue Allotments (IRAs), including unspent allotments, to local government units (LGUs) has been proposed at the House of Representatives.

Camarines Sur Rep. LRay Villafuerte made the proposal under his House Bill (HB) 4697, which amends Section 286 of the Local Government Code (LGC) and states that the share of each LGU will be automatically released and retained by it, without need of any further action, directly to the provincial, city, municipal or barangay (village) treasurer, as the case may be, on a quarterly basis within five days after the end of each quarter.

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