To encourage transparency in reporting campaign expenses, the bill proposing an increase in the spending limit of candidates and political parties is due for floor deliberations in the Senate.
Senator Aquilino Pimentel III, chairman of the Senate Committee on Electoral Reforms and People’s Participation, said Monday the measure which he himself had refiled was recently approved for floor deliberations.
Despite the increase in the cap in the campaign expenditures, Senate Bill 2072 proved that the amount to be spent “per voter” by candidates and political parties would have to remain conservative.
This is to discourage overspending and to ensure that all those participating in the poll exercise will be competing on equal footing with other candidates, said Pimentel, who is also president of the ruling Partido Demokratiko Pilipino Lakas ng Bayan.
In Committee Report 497, independent senatorial, party-list and other candidates may spend from P6 to P8 per voter.
Candidates who are running under a political party or being endorsed by political parties may spend P6 per voter, the report said.
For political parties, every voter currently registered in the constituency or constituencies where it has official candidates, the existing cap of P5 is increased to P8. Macon Ramos-Araneta
Under the bill, the aggregate amount that a candidate for president and vice president may spend will remain at P10 for every voter.