Tuesday, January 6, 2015

50 HAS. OF AGRI LAND FOR CO-OPS





The House of Representatives has approved a bill which would allow cooperatives, engage in agricultural activities, to own up to fifty (50) hectares of agricultural land.



 Approved last December 1, 2014, was House Bill No. 5175, principally authored by Rep. Rico B. Geron, AGAP Party List; and co-authored by Rep. Anthony M. Bravo, COOP-NATCCO Party List; Rep. Jose I. Tejada, 3rd District, North Cotabato; and Rep. Cresente C. Paez, COOP-NATCCO Party List, and by Rep. Nicanor M. Briones, also of AGAP Party List.



Rep. Cresente C. Paez is also chairman of the House Committee on Cooperative Development.



The Bill is entitled: "An Act Strengthening the right of cooperatives to develop into viable and responsive economic enterprises, amending for this purpose Article 9 of R.A. 9520, otherwise-known as "Philippine Cooperative Code of 2008".



HB 5175 proposed amendment is:


"..Section 1. Article 9, Cooperative Powers and Capacities of R.A. 9520, otherwise known as the "Philippine Cooperative Code of 2008", is hereby amended by adding a new subsection 5-A that shall read, as follows:


"(5-A).  In the case of cooperatives engaged in agricultural activities, the right to own, purchase, receive or retain any public agricultural land, the size of which shall not exceed fifty (50) hectares."



The Bill had been transmitted to and received by the Senate on December 3, 2014.  (END).

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