PCA braces for coconut trust fund law implementation
After decades-long of waiting, last February 26 (Friday), President Rodrigo Duterte signed into law the landmark Republic Act No. 11524, otherwise known as the Coconut Farmers and Industry Development Trust Fund Act. This law prescribes the management and utilization of the coco levy fund, the tax exacted from farmers during the Marcos Administration from 1971 to 1983 currently deposited in the national treasury
Read more ...House approval of coco levy trust fund bill, a Christmas gift to our coconut farmers – PCA
MANILA ---- The House of Representatives (HOR) on Monday, December 14, approved on third and final reading the bill seeking the creation of a trust fund for the coconut farmers.
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After decades-long of waiting, last February 26 (Friday), President Rodrigo Duterte signed into law the landmark Republic Act No. 11524, otherwise known as the Coconut Farmers and Industry Development Trust Fund Act. This law prescribes the management and utilization of the coco levy fund, the tax exacted from farmers during the Marcos Administration from 1971 to 1983 currently deposited in the national treasury
Read more: PCA braces for coconut trust fund law implementation
- Details
- Written by Super User
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MANILA ---- The House of Representatives (HOR) on Monday, December 14, approved on third and final reading the bill seeking the creation of a trust fund for the coconut farmers.