ls RECEIVED

Republic of the Philippines
r owe! 4 FEB 2018

HOUSE OF REPRESENTATIVES
‘Quezon City, Metro Manila

TIME.
<9, BY:
SEVENTEENTH CONGRESS

Second Regular Session

HOUSE BILL NO. 7187

Introduced by Rep. Winston “Winnie” Castelo

EXPLANATORY NOTE

Accessible education is a shared responsibility; parents, government, and the private sector
all have roles to play. To provide teeth to the principle that the public and private sector have
complementary roles in delivering education, the State must also provide support to the
private sector.

According to statistics, there are at least 616 private elementary and secondary schools in
the Philippines. To encourage private schools to expand their operations and their
capabilities, the government should provide an easier and streamlined process for the
schools to have easy access to credit.

This measure seeks to provide private schools with easier access to credit in order to help
the institutions in their operations and their expansion plans. The bill seeks to help private
schools so that they can better perform their role in delivering quality education Af the end, it
is the students who will benefit from better facilities, equipment, and well-traip€d teachers.

INNIE CASTELO


Republic of the Philippines
HOUSE OF REPRESENTATIVES
Quezon City, Metro Manila

SEVENTEENTH CONGRESS
Second Regular Session

7187

HOUSE BILL NO.

Introduced by Rep. Winston “Winnie” Castelo

“AN ACT PROVIDING SUPPORT TO PRIVATE SCHOOLS
THROUGH EASY ACCESS TO CREDIT”

Be it enacted by the Senate and House of Representatives of the Republic of the Philippines
in Congress assembled:

SECTION 1. Short Title. - This Act shall be known as the “Easy Access to Credit for Private
‘Schools’.

SEC. 2. Declaration of Policy. - The State recognizes the important role that private schools
play in the developing the youth and that they complement public schools in providing quality
education to the country’s youth.

SEC. 3. All private schools organized and operating within the Philippines shall be provided
support by the government through easier access to credit and streamlined submission of
requirements in order to facilitate their operations and expansion plans.

SEC. 4. Within ninety (90) days from the effectivity of this Act, the Department of Education
(DepEd), the Commission on Higher Education (CHED), and the Technical Skills
Development Authority (TESDA) shall work with the Bangko Sentral ng Pilipinas (BSP) and
other government agencies to develop policies and guidelines that would enable private
schools to have easy access to credit.

SEC. 5. Separability Clause. — If any provision or section of this Act is held invalid or
unconstitutional, the other provisions and sections not affected thereby shall remain in full
force and effect.

‘SEC. 6. Repealing Clause. — All laws, presidential decrees, executive orders, or issuances,
or any part thereof which are inconsistent with the provisions of this Act are hereby repealed,
amended, or modified accordingly

SEC. 7. Effectivity. - This Act shall take effect fifteen (15) days after its publication in the
Official Gazette or two (2) national newspapers of general circulation.

Approved.