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House bill revitalizing salt industry approved on final reading

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The House of Representatives approved on third and final reading a bill exempting local producers from iodization of the salt they produce, distribute or trade.

The House of Representatives on Monday approved on third and final reading a bill exempting local producers from iodization of the salt they produce, distribute or trade.

Likewise, the bill mandates the DA, through the Bureau of Fisheries and Aquatic Resources , to lead in the industry strengthening, expansion and promotion of the salt industry. mandatory utilization of public lands previously intended for fishpond development and those with existing fishpond lease agreements

mandating administrative jurisdiction and management of salt farms and fishponds with salt farms under the DA-BFA the Board of Investments will classify salt farms as preferred areas of investment under its Investment Priorities Plan subject to pertinent rules and regulations

 

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