Bill Type
Long Title
AN ACT EXPANDING THE COVERAGE OF AND THE CONDUIT NETWORK FOR AGRI-AGRA CREDITS, PRESCRIBING A FIXED PERCENTAGE OF THE FUNDS FOR LENDING TO SMALL FARMERS AND FISHERFOLK, AND FOR OTHER PURPOSES THEREBY AMENDING PRESIDENTIAL DECREE NO. 717, OTHERWISE KNOWN AS THE AGRI-AGRA LAW
Congress Author
Date filed
September 29, 1998
Scope
Urgent Bill
No

Legislative History

House Bill/Resolution NO. HB04043
FULL TITLE : AN ACT EXPANDING THE COVERAGE OF AND THE CONDUIT NETWORK FOR AGRI-AGRA CREDITS, PRESCRIBING A FIXED PERCENTAGE OF THE FUNDS FOR LENDING TO SMALL FARMERS AND FISHERFOLK, AND FOR OTHER PURPOSES THEREBY AMENDING PRESIDENTIAL DECREE NO. 717, OTHERWISE KNOWN AS THE AGRI-AGRA LAW
ABSTRACT : Re-directs credit to small farmer-borrower s. Mandates that 50% of the 25% loanable funds of banks for agricultural and agrarian credits be extended to these small farmers.
PRINCIPAL AUTHOR/S : SYJUCO, AUGUSTO JR. L.
DATE FILED : 1998-09-29
SIGNIFICANCE: NATIONAL
CO-AUTHORS :
1.
ADMINISTRATION BILL? No
URGENT BILL? No
ACTIONS TAKEN BY THE COMMITTEE
MOTHER BILL: HB05905
ACTIONS TAKEN BY THE COMMITTEE ON RULES
REFERRAL TO THE COMMITTEE ON ECONOMIC AFFAIRS ON 1998-10-05

Abstract

Re-directs credit to small farmer-borrower s. Mandates that 50% of the 25% loanable funds of banks for agricultural and agrarian credits be extended to these small farmers.

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Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.