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CamSur Rep. Villafuerte’s PH Innovation bill a step closer to becoming a law

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Camarines Sur Rep. Luis Raymund “LRay” Villafuerte’s Philippine Innovation Bill is a step closer to becoming a law.

Villafuerte joined the House contingent that met with their Senate counterparts for a bicameral conference committee.

“Bicam conference committee with our Senate counterparts . One of the bill which I authored will soon be passed into Law, The #philippine Innovation Act,” Villafuerte said.

According to the CamSur solon the proposed law seeks to adopt innovation “as a vital component of the Country’s Development Policies.”

“This will encourage Innovation through incentives provided to Small and medium enterprises,” he said.

Villafuerte also said that the proposal “will generate livelihood and job opportunities for our people.”