New Agrarian Emancipation Act | |
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Congress of the Philippines | |
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Territorial extent | Philippines |
Enacted by | House of Representatives of the Philippines |
Enacted by | Senate of the Philippines |
Signed by | President Bongbong Marcos |
Signed | July 7, 2023 |
Status: In force |
The New Agrarian Emancipation Act, officially designated as Republic Act No. 11953, is a bill passed by the 19th Congress of the Philippines and signed by President Bongbong Marcos on July 7, 2023. The law frees more than 600,000 farmers from debt. The Act complements the Comprehensive Agrarian Reform Program, which condones farmers with awarded lands from amortizations, including interest and surcharges. [1] About 610,054 agrarian reform beneficiaries (ARBs) tilling 1.173 million hectares of land are seen to benefit from this law. [2] The Philippine government will pay the remaining balance of the direct compensation due the landowners under the Voluntary Land Transfer (VLT) or the Direct Payment Scheme (DPS) amounting to ₱206.2 million. [3] The law covers PHP57.56 billion in agrarian arrears. [4]
Maria Corazon "Cory" Sumulong Cojuangco-Aquino was a Filipino politician who served as the 11th president of the Philippines from 1986 to 1992. She was the most prominent figure of the 1986 People Power Revolution, which ended the two-decade rule of President Ferdinand Marcos and led to the establishment of the current democratic Fifth Philippine Republic.
Maria Imelda Josefa Remedios "Imee" Romualdez Marcos is a Filipina politician and former actress serving as a Senator since 2019. She is the daughter of Ferdinand Marcos and former first lady Imelda Marcos and the older sister of the current president, Bongbong Marcos. She previously served as governor of Ilocos Norte from 2010 to 2019 and as representative of Ilocos Norte's 2nd district from 1998 to 2007.
Land Bank of the Philippines, is a government-owned bank in the Philippines with a special focus on serving the needs of farmers and fishermen. While it provides the services of a universal bank, it is officially classified as a "specialized government bank" with a universal banking license.
Miriam Palma Defensor-Santiago was a Filipino scholar, academic, lawyer, judge, author, and stateswoman who served in all three branches of the Philippine government: judicial, executive, and legislative. Defensor Santiago was named one of The 100 Most Powerful Women in the World in 1997 by The Australian. She was known for being a long-serving Senator of the Republic of the Philippines, an elected judge of the International Criminal Court, and the sole female recipient of the Philippines' highest national honor, the Quezon Service Cross.
The Bataan Nuclear Power Plant is a nuclear power plant on the Bataan Peninsula, 100 kilometres (62 mi) west of Manila, Philippines. Completed but never fueled, it is located on a 3.57 km2 (1.38 sq mi) government reservation at Napot Point in Morong, Bataan. It was the Philippines' only attempt at building a nuclear power plant. It was mothballed due to safety concerns in the wake of the Chernobyl disaster in Ukraine in 1986 and issues regarding corruption. The Letter of Instruction No. 957, s. 1979 was signed by the late President Ferdinand Marcos and was published on November 13, 1979, in which it states that the continuation of the construction was not possible due to potential hazards to the health and safety of the public; however, the Marcos administration eventually supported the project.
This article covers the history of the current Philippine republican state following the 1986 People Power Revolution, known as the Fifth Philippine Republic.
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The Comprehensive Agrarian Reform Program, more commonly known as CARP, is an agrarian reform law of the Philippines whose legal basis is the Republic Act No. 6657, otherwise known as the Comprehensive Agrarian Reform Law (CARL). It is the redistribution of private and public agricultural lands to help the beneficiaries survive as small independent farmers, regardless of the “tenurial” arrangement. Its goals are to provide landowners equality in terms of income and opportunities, empower land owner beneficiaries to have equitable land ownership, enhance agricultural production and productivity, provide employment to more agricultural workers, and put an end to conflicts regarding land ownership.
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Corazon Aquino became the 11th President of the Philippines following the People Power Revolution or EDSA 1, and spanned a six-year period from February 25, 1986, to June 30, 1992. Aquino's relatively peaceful ascension to the Philippine presidency signaled the end of authoritarian rule of Ferdinand Marcos in the Philippines, and drew her and the Filipino people international acclaim and admiration.
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Ferdinand Martin Gomez Romualdez is a Filipino businessman, lawyer and politician serving as the Speaker of the House of Representatives since July 25, 2022. He is also serving as the representative for the 1st district of Leyte since 2019 and previously from 2007 to 2016. He formerly served as the House Majority Leader from 2019 to 2022, and unsuccessfully ran for senator in the 2016 elections. He is a first cousin of President Bongbong Marcos.
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