FOURTEEENTH CONGRESS OF THE ) 
REPUBLIC OF THE PHILIPPINES 
) 
First Regular Session 
) 
COMMITTEE REPORT NO: 
Submitted 
by 
the 
Committee 
on 
Agriculture 
and 
Food 
on 
Re: 
S. No. 
4 f; 4 8 Prepared by the Committee 
Recommending its approval in substitution of SB Nos. 38, 1538 and 1617 
SEP 2 6 2007 
Sponsor: 
Senator Edgardo J. Angara 
MR. PRESIDENT: 
The Committee on Agriculture and Food, to which were referred Senate Bill 
No.38, introduced by Senator Biazon, entitled: 
AN ACT 
EXTENDING THE UTILIZATION PERIOD OF THE AGRICULTURAL 
COMPETITIVENESS ENHANCEMENT FUND, AMENDING FOR 
THIS PURPOSE SECTION 8 OF REPUBLIC ACT NO. 8178, 
ENTITLED “AN ACT REPLACING QUANTITATIVE IMPORT 
RESTRICTIONS ON AGRICULTURAL PRODUCTS, EXCEPT RICE, 
WITH 
TARIFFS, 
CREATING 
THE 
AGRICULTURAL 
COMPETITIVENESS ENHANCEMENT FUND” AND FOR OTHER 
PURPOSES 
Senate Bill No. 1538, introduced by Senator Gordon, entitled: 
AN ACT 
EXTENDING 
THE 
UTILIZATION 
PERIOD 
OF 
THE 
AGRICULTURAL COMPETITIVENESS ENHANCEMENT FUND, 
AMENDING FOR THIS PURPOSE SECTION 8 OF REPUBLIC 
ACT 
NO, 
8178, 
ENTITLED 
“AN 
ACT 
REPLACING 
QUANTITATIVE IMPORT RESTRICTIONS ON AGRICULTURAL 
PRODUCTS, EXCEPT RICE, WITH TARIFFS, CREATING THE 
AGRICULTURAL COMPETITIVENESS ENHANCEMENT FUND,” 
AND FOR OTHER PURPOSES 
and Senate Bill No. 1617, introduced by Senator Villar, entitled: 
AN ACT 
STRENGTHENING 
THE 
SCHOLARSHIP 
PROGRAM 
FOR 
AGRICULTURE, FORESTRY, FISHERIES AND VETERINARY 
MEDICINE EDUCATION, AMENDING FOR THE PURPOSE 
REPUBLIC ACT NO. 8178, AND FOR OTHER PURPOSES 
has considered the same and has the honor to report them back to the Senate 
with the recommendation that the attached S. No. 1.648 , prepared by the 
Committee, entitled: 


AN ACT 
EXTENDING THE UTILIZATION PERIOD OF THE AGRICULTURAL 
COMPETITIVENESS ENHANCEMENT FUND, AMENDING FOR 
THIS PURPOSE SECTION 8 OF REPUBLIC ACT NO. 8178, 
ENTITLED “AN ACT REPLACING QUANTITATIVE IMPORT 
RESTRICTIONS ON AGRICULTURAL PRODUCTS, EXCEPT RICE, 
WITH 
TARIFFS, 
CREATING 
THE 
AGRICULTURAL 
COMPETITIVENESS ENHANCEMENT FUND” AND FOR OTHER 
PURPOSES 
be approved in substitution of SB Nos. 38, 1538 and 1617 with Senators Biazon, 
Gordon, Villar and Angara as authors thereof. 
Respectfully submitted: 
Chairman 
Committee on Agriculture and Food 
Vice ChairDersons: #A 
EL F. ZUBlRl 
Members: 
BENIGN0 C. AQUINO 111 
ANTONIO F. TRILLANES IV 


Ex-Officio Members: 
Q. PIMENTEL, JR. 
Minority Floor Leader 
HON. MANNY VILLAR 
Senate President 
Pasay City 


1 
2 
3 
4 
5 
6 
7 
8 
9 
10 
11 
12 
13 
14 
15 
FOURTEENTH CONGRESS OF THE 
) 
REPUBLIC OF THE PHILIPPINES 
First Regular Session 
) 
SENATE 
S. No. 
(In Substitution of SB Nos. 38, 1538 and 1617) 
Prepared by the Committee on Agriculture and Food with Senators Biazon, Gordon, Villar 
and Angara as authors thereof 
AN ACT 
EXTENDING 
THE 
UTILIZATION 
PERIOD 
OF 
THE 
AGRICULTURAL COMPETITIVENESS ENHANCEMENT FUND, 
AMENDING FOR THIS PURPOSE SECTION 8 OF REPUBLIC ACT 
NO. 8178, ENTITLED “AN ACT REPLACING QUANTITATIVE 
IMPORT RESTRICTIONS ON AGRICULTURAL PRODUCTS, 
EXCEPT RICE, WITH TARIFFS, CREATING THE AGRICULTURAL 
COMPETITIVENESS ENHANCEMENT FUND,” AND FOR OTHER 
PURPOSES 
Be if enacted by the Senafe and the House of Representatives of the Philippines in 
Congress assembled: 
SECTION 1. Section 8 of Republic Act No. 8178, entitled “An Act Replacing 
Quantitative Import Restrictions on Agricultural Products, Except Rice, with Tariffs, Creating 
the Agricultural Competitiveness Enhancement Fund, and for Other Purposes,” is hereby 
amended to read as follows: 
“SEC. 8. Agricultural Compefifiveness Enhancement Fund, - To implement the 
policy enunciated in this Act, there is hereby created the Agricultural 
Competitiveness Enhancement Fund, hereinafter referred to as the Fund. THE 
FUND SHALL CONSIST OF ALL DUTIES COLLECTED FROM [The proceeds of] 
the importation of AGRICULTURAL PRODUCTS UNDER THE minimum access 
volume (MAV) MECHANISM, TO BE CREDITED TO THE FUND. [shall accrue to 
the General Fund and shall be deposited in the national Treasury.] 
The FUND [entire proceeds] shall CONTINUE TO be set aside UP 
TO THE YEAR 2015, AFTER WHICH THE REMAINING BALANCE@) 
SHALL REVERT TO THE GENERAL FUND. 
[and earmarked by 
Congress for irrigation, farm to market roads, post-harvest equipment and 
1 


1 
2 
3 
4 
5 
6 
7 
8 
9 
10 
11 
12 
13 
14 
15 
16 
17 
18 
19 
20 
21 
22 
23 
24 
25 
26 
27 
facilities, credit, research and development, other marketing infrastructure, 
provision of market information, retraining, extension services, and other 
forms of assistance and support to the agricultural sector,] 
THEFUNDSHALLCONTINUETOBE USEDTOENHANCETHE 
COMPETITIVENESS OF PHILIPPINE AGRICULTURE. 
[The Committees on Agriculture and Food, Appropriations and Finance of both the 
Senate and House of Representatives shall conduct a periodic review of the use of the 
Fund. The Fund shall have a life of nine (9) years], after which all remaining balances shall 
revert to the General Fund.] 
Sec. 2. The Department of Agriculture in consultation with the Congressional 
Oversight Committee on Agricultural and Fisheries Modernization (COCAFM) shall forthwith 
revise and reform its processing and approval procedures in order to speed up the 
disbursement process. 
Sec. 3. Repealing Clause. - All laws, decrees, executive issuances, rules and 
regulations inconsistent with the provisions of this Act are hereby repealed or modified 
accordingly. 
Sec. 4. Separability Clause. - The provision of this Act are hereby declared to be 
separable, and in the event one or more of such provision are held unconstitutional, the 
validity of the other provision shall not be affected thereby. 
Sec. 5. Effecfivify. 
-This Act shall take effect immediately upon its approval. 
Approved, 
2