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Amend section 26 of RA 6657

SECTOR: Agriculture SONA YEAR: 2022 Amend section 26 of RA 6657 PROMISE STATUS - DATE: Fulfilled as of 07/17/2023 On March 22, Congress ratified the bicameral report on the disagreeing provisions of Senate Bill No. 1850 and House Bill No. 6336, otherwise known as the new Agrarian Emancipation Act. On July 7, Marcos signed the

By vfadmin

Jul 5, 2024

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SECTOR: Agriculture

SONA YEAR: 2022

Amend section 26 of RA 6657

PROMISE STATUS - DATE: Fulfilled as of 07/17/2023

  • On March 22, Congress ratified the bicameral report on the disagreeing provisions of Senate Bill No. 1850 and House Bill No. 6336, otherwise known as the new Agrarian Emancipation Act.
  • On July 7, Marcos signed the bill into law which condones at least P58 billion in unpaid debts incurred by over 600,000 farmer-beneficiaries of the government’s agrarian reform program. This includes all unpaid amortizations, interests, penalties and surcharges of awarded lands.

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