'
Republic. of the Phihppines
HousE oF REPRESENTATrv'Es
Quezon City
NINETEENTH CONGRESS
Fit.st Regular Session
HousE`BiliNo.5288
Introduced by Hon. lose Manuel F. jAlba
RECEIVEE}
f    OATBF.I
*     TIME;
2  9  2022   rtyrit
EXPIANATO RY NOTE
Rcscarch shows that one of the causes o±~ marital conflicts revolve around financial issues.
The subsequent fal]ure to manage thesc- I-inancial issues in the family st]mcdmc`s result in phy`sical,
:`modonal, cc{in{>mic abuse and even violence. Lack of basic financial knowledge and differences
ln money beliefs has been noted as one of the top factors in why couples separate or fight.
Thus, Persorlal Finance Educatit>n in the context of family life is extremely important for
persons  planning  to  get  married  or  to    rlewly  wedded  couplL`s.  Ths  Reprcscntatit)n  strongly
believes  that jt is  the duty ot- the  State,  acting as P4rg/Jj`4#/rj-#c to ensure chat Filipim>s arc given
adequate financial education and training prior to marriage.
Ai.ticle  XV,  Secdon  1   of the  Constitution  c)f the  Philippines  expresses  that,  "The  State
recogri7,es the Fhipino family as the foundadon of the riation. Accordingly, jt shall strengthen its
solidarity and acrivdy promote its total development. " Furthermore, the Fani]y Code also states
that Marriage is the foundation cif the finily and it is an inviolable social institution. Hence, it is
the  moral  responsibility  of  the  State  to  safeguard  the  fanfl}-  by  protccrfug  marriages  from
avoidable conflicts such as those arising from financial mismanagement.
This Bill also seeks tt> further reinforce R.A.  10354 off responsible parenthot>d.
Accordingly,   local   government  units  and   relevant  agencies,   serving  as   frontliners  jr]
promoting  quality  faniily  life,  sh{}uld  be  mandated  to  pr{]vide  Personal  Finance  F,ducation
Programs f{]r all persons applying f{ji- a mafriagc ]jcensc.
The immediate passage {>f this bill is camcstly sought.
M-
EL F. jELBA
ct, Bukidnon


Republic of the Philippines
HOUSE OF REPRESENTATIVES
Quezon City
NINETEENTH CONGRESS
Fil.st Regular Session
HousE I;ILL`Nc;.  52 88
Introduced by Hon. lose Manuel F. Alba
AN ACT MANDATING A PERSONAL FINANCE EDUCATION PROGRAM
FOR ALL PERSONS APPLYING FOR A MARRIAGE LICENSE
Be it enacted ky tlJe  Senate and the HouJe if Rgpresentctt.lug.I Of the Pbil¢Pinef  .ln Cong!reH  assembled.
SECTION  1.  JfaoG*  TGtfe.  -  Ths  Act  shall  bc  known  as  the  `Pzz#%4/¢j.#g  ]Tgiv4A,
Pagdd]avcingPayah,I'anileyangPanatdg:'or"3PfAct"
Sec.  2.  No marriage license shall be issued by the Local Civil Registrar unless
the  applicants present a  Certificate  of Compliance issued for free by the local
Family   Planning   Office   certifying   that   they  had   duly  received   adequate
instructions and information on:
a.  BEHAVIORAL FINANCE;
b.  SAVINGS,   EMERGENCY   AND    RESILIENCE   FUND
DEVELOPMENT;
c.  DEBT MANAGEMENT;
d.  INVESTMENT,    INSURANCE,    AND    RETIREMENT
P-ING;
e.   OTHER        APPLICABIE        PERSONAL        FINANCE
PROGRAMS;
Sec.  3.  Rfpc4J2.cog  Cfac4s:t7.  -  All  laws,  presidential  decrees  or  issuances,  executive
orders, letters of instruction, administrative orders, rules or regulation inconsistent with
the provisions of this Act are hereby repealed or modified accordingly.
Sec. 4. JcP¢#tzag./dy Cfa#fc.  -- Should any part of this Act be declared unconstitutional,
the vahdity of remaining provision hereof shall remain in full and effect.
Sec.   5.  Ejrgcfe.c„.dy   CfoG¢s:c7.   --  This  Act  shall   take   effect   fifteen   (15)   days  from  its
publicadon in a newspaper of general circulation.
AI,Pror,ed