Bill Type
Congress Name
Long Title
AN ACT AMENDING SECTIONS 27 AND 71 OF REPUBLIC ACT NO. 6657, OTHERWISE KNOWN AS THE COMPREHENSIVE AGRARIAN REFORM LAW OF 1988 THEREBY LIFTING THE RESTRICTION ON THE RIGHT OF FARMER-BENEFICIARIES TO MORTAGE AND/OR ENCUMBER THE LANDS AWARDED TO THEM UNDER THE COMPREHENSIVE AGRARIAN REFORM PROGRAM AND ALLOWING THE SUBMISSION OF THE CERTIFICATE OF LAND OWNERSHIP AWARD AS SUFFICIENT COLLATERAL FOR LOANS ENTERED INTO WITH BANKS AND/OR OTHER FINANCIAL INTERMEDIARIES
Text as filed (link)
Date filed
July 1, 2013
Scope
Legislative History
| House Bill/Resolution NO. HB00309 |
| FULL TITLE : AN ACT AMENDING SECTIONS 27 AND 71 OF REPUBLIC ACT NO. 6657, OTHERWISE KNOWN AS THE COMPREHENSIVE AGRARIAN REFORM LAW OF 1988 THEREBY LIFTING THE RESTRICTION ON THE RIGHT OF FARMER-BENEFICIARIES TO MORTAGE AND/OR ENCUMBER THE LANDS AWARDED TO THEM UNDER THE COMPREHENSIVE AGRARIAN REFORM PROGRAM AND ALLOWING THE SUBMISSION OF THE CERTIFICATE OF LAND OWNERSHIP AWARD AS SUFFICIENT COLLATERAL FOR LOANS ENTERED INTO WITH BANKS AND/OR OTHER FINANCIAL INTERMEDIARIES |
| ABSTRACT : Lifts the restrictions that bar the farm workers from using the lands awarded to them as collateral for any loan transaction to enhance their chances of gaining credit and thereby equipping them with the necessary tools to improve their living conditions |
| PRINCIPAL AUTHOR/S : MACAPAGAL-ARROYO, GLORIA |
| DATE FILED : 2013-07-01 |
| SIGNIFICANCE: NATIONAL |
| NATURE : Welfare |
| CO-AUTHORS : |
| 1. Arroyo |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES |
| REFERRAL TO THE COMMITTEE ON AGRARIAN REFORM ON 2013-07-23 |
Abstract
Lifts the restrictions that bar the farm workers from using the lands awarded to them as collateral for any loan transaction to enhance their chances of gaining credit and thereby equipping them with the necessary tools to improve their living conditions
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.