Mostly unheralded, the enrolled bill on the New Agrarian Emancipation Act of 2023 that is set to be signed on Friday may just be the Marcos administration’s “best and biggest accomplishment” in its first year, lawmakers said. | JMAurelioINQ /PDI
“This will be the hallmark of the Marcos administration’s inaugural year in office. It’s historic in scale, in world view, and in what it will bring to the people,” Albay Rep. Jose Ma. Salceda, chair of the ways and means committee of the House of Representatives, said in a statement.Sen. Cynthia Villar, chair of the Senate agriculture committee, said the bill, which is among President Marcos’ legislative priorities, involves almost two million hectares of farmland with P57.
This includes unpaid amortization, interest, surcharge and penalties of existing loans secured under the Comprehensive Agrarian Reform Program and mandates the Department of Agrarian Reform to issue a certificate of land ownership award or any other title as provided by law.
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