Bill Type
Congress Name
Long Title
AN ACT STRENGTHENING FURTHER THE COMPREHENSIVE AGRARIAN REFORM PROGRAM (CARP) BY PROVIDING ADDITIONAL FUNDING AND AMENDING FOR THIS PURPOSE SECTIONS 63, AND 37 OF REPUBLIC ACT NO. 6657, OTHERWISE KNOWN AS 'THE CARP LAW OF 1988' AS AMENDED BY REPUBLIC ACT 7905 AND REPUBLIC ACT 8532, THEREBY DIRECTING THE CONDUCT OF POST PROCESSES FOR A MORE EFFICIENT CARP IMPLEMENTATION AND APPROPRIATING FUNDS THEREFOR
Date filed
July 10, 2007
Scope
Legislative History
| House Bill/Resolution NO. HB00935 |
| FULL TITLE : AN ACT STRENGTHENING FURTHER THE COMPREHENSIVE AGRARIAN REFORM PROGRAM (CARP) BY PROVIDING ADDITIONAL FUNDING AND AMENDING FOR THIS PURPOSE SECTIONS 63, AND 37 OF REPUBLIC ACT NO. 6657, OTHERWISE KNOWN AS 'THE CARP LAW OF 1988' AS AMENDED BY REPUBLIC ACT 7905 AND REPUBLIC ACT 8532, THEREBY DIRECTING THE CONDUCT OF POST PROCESSES FOR A MORE EFFICIENT CARP IMPLEMENTATION AND APPROPRIATING FUNDS THEREFOR |
| ABSTRACT : The bill requires all financing institutions to accept as collateral for loans any duly registered emancipation patent (EP) or certificate of land ownership award (CLOA) provided that the loans obtained shall be used in the improvement or development of the farmholding of the farmer-beneficiary or the establishment of facilities that will enhance production or marketing or agricultural products or increase farm income. |
| PRINCIPAL AUTHOR/S : LIM, RENO G. |
| DATE FILED : 2007-07-10 |
| SIGNIFICANCE: NATIONAL |
| ACTIONS TAKEN BY THE COMMITTEE |
| COMMITEE HEARINGS/ACTIONS: |
| 1. Scheduled for first meeting/hearing on 2007-11-21 |
| 2. Committee Report Approved on 2008-04-30 |
| 3. Scheduled for first meeting/hearing on 2008-05-05 |
| 4. Approved by the Committee on Appropriations on 2008-05-05 |
| 5. Committee Report filed on 2008-05-07 |
| MOTHER BILL: HB04077 |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON AGRARIAN REFORM ON 2008-02-18 |
| SECONDARILY REFERRED TO THE COMMITTEE(S) ON APPROPRIATIONS |
| PREVIOUS COMMITTEE REFERRALS :PRIMARILY REFERRED TO APPROPRIATIONS on 2007-08-01;SECONDARILY REFERRED TO AGRARIAN REFORM on 2007-08-01; |
Abstract
The bill requires all financing institutions to accept as collateral for loans any duly registered emancipation patent (EP) or certificate of land ownership award (CLOA) provided that the loans obtained shall be used in the improvement or development of the farmholding of the farmer-beneficiary or the establishment of facilities that will enhance production or marketing or agricultural products or increase farm income.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.