| Republic of the Philippines
HOUSE OF REPRESENTATIVES
Quezon City

3 DAT EM 13 2922 $
Nineteenth Congress
First Regular Session

HOUSE BILL No, 1883

Introduced by Representative Ma. Theresa V. Collantes

EXPLANATORY NOTE

This bill seeks to establish a Pag-IBIG Fund Field Office in Tanauan City,
Province of Batangas.

The Home Development Mutual Fund, more popularly known as the Pag-IBIG
Fund, is a| government financial institution that aims to “generate more savings from
Filipino workers, to administer a sustainable Fund with integrity, sound financial
principles, and with social responsibility, and to provide accessible funds for housing
of every member.” To perform its role as the lead agency in managing funds for shelter
finance, it maintains field offices in the country for the purpose of implementing fully
its principal functions and responsibilities under Republic Act No. 9679, or the “Home
Development Mutual Fund Law of 2009, otherwise known as the Pag-IBIG
(Pagtutulungan sa kinabukasan: Ikaw, Bangko, Industriya at Gobyerno) Fund.” ‘These
offices provide technical assistance and frontline servicing for the processing of various
Pag-IBIG Fund programs, as well as collection and disbursement activities.

Presently, the nearest Pag-IBIG Fund Field Office from Tanauan City is in Lipa
City, which is approximately 20 kilometers away. Another field office is located in
Batangas City which is even farther at a distance of 42 kilometers. Residents from
various municipalities of the Third Legislative District of Batangas which covers
Tanauan City need to travel far to address their Pag-IBIG Fund concerns. Hence,
establishing a Pag-IBIG Fund Field Office in that area will be beneficial not just for its
residents but also for those in nearby municipalities, especially during times of natural
disasters when many members apply for calamity loans. Also, this will certainly
enhance the promotion of home ownership, management of integrated and sound
mutual provident savings, and processing of returns on those investments by the
members.

In epnsonance with the State’s policy of providing access to services and giving
preferential attention to the needs of the people, the immediate approval of this measure

is earnestly requested.
Naw 0. (QUOTE

MA. THERESA V. COLLANTES


Republic of the Philippines
HOUSE OF REPRESENTATIVES
Quezon City

Nineteenth Congress
First Regular Session

|
HoUsE BILL No L883

Introduced by Representative Ma. Theresa V. Collantes

AN ACT
ESTABLISHING A PAG-IBIG FUND FIELD OFFICE IN TANAUAN
CITY, PROVINCE OF BATANGAS AND APPROPRIATING FUNDS
THEREFOR

Be it enacted by the Senate and House of Representatives of the Phi
lippines ne ‘ongress assembled:

SECTION 1. There shall be established a Pag-IBIG Fund Field Office in
Tanauan City, Province of Batangas.

SEC. 2. The field office in Tanauan City shall provide frontline services
of Pag BIG Fund in the conduct of its business and in the exercise of its powers
and functions as provided under Republic Act No. 9679, also known as the
“Home Development Mutual Fund Law of 2009, otherwise known as the Pag-
IBIG (Pagtutulungan sa kinabukasan: lkaw, Bangko, Industriya at Gobyerno)
Fund,” and such additional functions as may hereafter be provided by law.

SEC. 3. The chairperson of the Pag-IBIG Fund shall issue the necessary

rules and regulations for the effective implementation of this Act, and appoint the



necessary officers and employees to operate the Pag-IBIG Fund Field Office in
Tanauan City, subject to civil service laws, rules and regulations.

SEC. 4. The amount necessary for the initial implementation of this Act
shall be charged to the current funds of the Home Development Mutual Fund.
‘Thereafter, such sum as may be necessary for its continued implementation shall
be inclu ! d in the annual General Appropriations Act.

SEC. 5. This Act shall take effect fifteen (15) days after its publication in

the Official Gazette or in a newspaper of general circulation.

Approved,