Laguna 3rd District Rep. Sol Aragones are now filing the house bill on ABS-CBN's 25-year congressional franchise, a day after the Kapamilya Trade Launch "Gabi ng Pangarap" at the SMX Convention Center, SM Mall of Asia Complex in Pasay City. The bill was enacted into law as Republic Act No. 10___ or AN ACT RENEWING THE FRANCHISE GRANTED TO ABS-CBN CORPORATION (FORMERLY ABS-CBN BROADCASTING CORPORATION) UNDER REPUBLIC ACT NO. 7966 OR ‘AN ACT GRANTING ABS-CBN BROADCASTING CORPORATION A FRANCHISE TO CONSTRUCT, INSTALL, ESTABLISH, OPERATE, AND MAINTAIN BROADCASTING STATIONS IN THE PHILIPPINES, AND FOR OTHER PURPOSES’ FOR TWENTY-FIVE (25) YEARS FROM THE EFFECTIVITY OF THIS ACT. House Bill Number 4997 last September 15, 2014 was introduced by former Isabela 4th District Rep. Giorgidi B. Aggabao.
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