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Amend the cooperative code

SECTOR: Agriculture SONA YEAR: 2023 Amend the cooperative code PROMISE STATUS - DATE: In progress as of 07/12/2024 Congress approved in December 2023 a bill revising Republic Act (R.A.) No. 9520, or the Philippine Cooperative Code of 2008. The Senate Committee on Cooperatives tackled House Bill No. 9673 and counterpart bills on May 15. Some

By vfadmin

Jul 12, 2024

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SECTOR: Agriculture

SONA YEAR: 2023

Amend the cooperative code

PROMISE STATUS - DATE: In progress as of 07/12/2024

  • Congress approved in December 2023 a bill revising Republic Act (R.A.) No. 9520, or the Philippine Cooperative Code of 2008.
  • The Senate Committee on Cooperatives tackled House Bill No. 9673 and counterpart bills on May 15.
  • Some proposed amendments to R.A. 9520 include limits on foreign investments and assistance, share capital holdings and specifications on cooperative membership guidelines.

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