R('puhlic uf 1I1l' I'hiliPl'iI1l'S 
~;I'I'\I\TI':()I'lllh 1'llll."'I'II'\I'~; 
1\_1SciV Cit\' 
~)IXII.II\TII (( l'JCI\IS" 
hI's! I~('glll'lr ~';l's.'-,i()ll 
. S. B. No., lB55 
INTROI )U( '1'.1) BY SI'NATOR SONNY M. ANCARA 
LXI'I;\ N ;\'1'0 R Y NOT\<: 
'13 
NOV 26 f' 6:.'lQ 
()\,(TC;l''-l.'l r;ilipi'H) \\i()rk('rs (()j;VVs) pl(1): 
d crllCicd r()ll' in Lh<..' dl'VC'1of'11H'1l1-
oC Lhe 
I'hilippiJll's, Sl'lldill)', ill llluch-·Ill'l'dl'd foreign fCl1iillclllC(,S ih"ll hl'lp !11i.Linlilill tilt' cUlIIllry's 
l1li\('J'(h'(,()ll()lllic sl,lhilily. t'vlC1IlY O];\Vs Vl~tlltlrt\ i.lhr();}d \vit-h 111(' <lim of building lip a producliv(; 
,lnd digllificd lift' j'()1' l1H'IUSclv('S <llltl their Llll1ilics. That Ull\Y do s(} lllr{)ug.h ll1l!ch hdrdship 
mi.lke's il [illil1\! t() ;ISl'l'itll' Ill'l'nislll Lo [lwi!' c~f(()rl<-;. 
" 
(;ovl'rnnwnl h<ls lIlt' llhligi.lli()ll io prn\'i~ill <-IS much il,ssisLi.1I1Cl' (1S i.t CellI to ()PVVs, ill line' 
with its l"l'SI)Ollsihi\iLy to prulllO!(' SUCidl ju~tin', whicll include:', "lht' cOllllniLment tn Cl'C'<JtC' 
l'C0110lllic op)lurLtlnilil's h'l.Sl,d on fn'cdnlll oj initil1L1vv .lnd sl'lf-rclicuHT/' d'S ~tipllLlI(ld in j\rlicle 
XIII, ~;{'('. 7. or 11ll' l'hilil11'iIW ('oI1slilulioIl. 
Such I.'llrl ht' l'X!l'tlLil'd Vid jln l'xcl11sivl' credit iJssislal1c(' )lro('!r~lrlll '-1S [h(' forcgoing 
nll'ilSlIrl' dd'-lils, 
('{lVl'l"cl)',l' 1I111ll'r ll1(' lTl'Liil (flcili!il's c')';p\;lil1ed ill lhis bill Sli.lrts l:)(,(Url' the dl'pdrLLlfc of 
lhl~ ()];VV, \lVith '-1 Villid l'llll)loyt1ll'll! con!-r,H'l, (111 ()F\'\/ 111a\' ilViJil of II l-<'ifly Thousnnd Pc'SOS 
(1'111' :i1l,1I()().O()) I",m 11{)<11 lile (l"{'r,,',,s \Vmizt'rs \v,.lr",,· l\cil11inisirc,lion (OWW/\) l" ddray 
living ('XI)('I1Sl'S of Ccl1)lilil's Iclllwilind ,-llid rl'l'ruill1lC'llt Fees ,-lnt! othe]" costs incurn'Li during prc-
('11l pIn)' Illl' 11 t, 
This (Tl'dil fell'ilily is Inll i.ltlnlhcr VC\llllC' for g()\'l'l'lunl'nL to sllppurL OP\Vs for t-11cir 
illlllH'llS(' l'tlllirihuliull In lite IWt-iUll. 


'J 
~[XT[',[N['[ [ CUNCI,['S;i U[ 1'1111 
) 
FIII'Ulllll' 01"1 I II': J'IIILlI'J'IJ'\I:~" 
) 
!;ie;[ !\('IJuL.lr S('ssio!l 
) 
" 
~;, B, l\:o,1955 
INT\{()\)U('LD BY SrNATO\{ SONNY ANCARA 
AN ACT 
FSTABUSllINC A CH.lilJlT ASSISTANC1,: PRO CRAM 
HlR ()V l'.l{S I ,AS WORKLRS 
"13 
NOV 26 P6 :40 
I", if "III{(II'II (ii/ IiiI' S"IIIII,' ({lid llolls!' oj' 1\i'["'cOI'lIllIlil'l's of IIII' I'llill!,!,ill!''' ill COllg!'!'s,; 
11.'1.'1'(' I) I {I/n f: 
SF( TH lNI. Til/I', Thi,; /\d shall he kllown "s tlw "Oversells Workers Credit !lssistance 
!lct o/20!,1," 
4 
s\o:c, 2, /Jeriol'lItio" or Policies, [I is hl'r('by (1l'ci;l1wl il policy of liw S(01((' 10 [1m(eCi till' 
7 
SI':C. 1. 
LOlll/s. /\n ()\ll'I'Sl',lS COnll'dCl \vorkl'J' \vith ,.1 v,ditl (lLllploymllnL ctllliracl 
() 
pnH'(lSS('d lhroLl)jh c\ li('('nsl,d I'('cl'uilml'nl alld lH<ll1ning dgC'tll} i:lccrL'dil('d })\' the Phi]ippitw 
10 
()wrSl'''" I ':Ill I' I"y 111('111 /\c/Illinistmlion (1'01.,\) Illd\' ilCdil of il 1m" of Iwl ()}Im' th;lll Ilift)' 
II 
ThollS;"H[ [W,{OS (I "ill,OIlIl.IIII) fmlll til" O\,('rseas Work('/' ;lIlei W('[lm,' /\dl1linistrdl i()n (UWW 1\) 
12 
rur dll)' o( [he' lollowing 11lIq)()S('S: (cl) 10 lkfruy lll(' living eXfwnses of one's f(lmily d-ufing lhc 
1_) 
first mOl1ths t)j "h.'-l('I1(\'; flnd/ or (11) lo pcl), for J'ccfuitllWlll l'X1H._'1l'-i{'S including pl;lCl'!l1l'nl (('(\s/ 
14 
dO(,[It1wnl<lli()rl l'()StS ,Jlld 111;'111(\ t-ickds: 1\()vidC'tJ, I'hill <lny nwmh(''I' o( Lh(\ orvv's LUll;l\, not 
1 S 
o!lwrlvis{\ disljlldJifi(,d h,\' 
I<l\-\' ,'--lh,tll 
hl' 
(l tTl- borrowcr dnd '-ill"ll l'X(:Clltc Lhe 
llCcc.<;smy 
16 
dOCllI1H'lll,-llillil In th<lll'!'fr'd; 1))'ovidclL hlrtlwr, Thilll11e 10;1n shelll he gr'-llltvd dnd rel('iJsed by 
17 
11ll' ()\VVV/\ lllH)l1 PI'OPl'J' ('vi_du,-llion dfHJ slllnnissiol1 of lhl' c'rnploynlL'l.lt ('opLr(]ct and plane' 
20 
7! 
TIll' [Oi.lll shell! lw ('J1l'l'rl'd into by and 11('[\V('('11 the' oV('l'S('(:lS wurkcl'-borrovvc:]' {Jnd 
22 
()\,\/\IV /\ wilh !Ill' llt'xl·-of-kill (lS (1 co-horro\V('l". TIl(' lOi:ll1 -,·;lldll be c()vvrcd with lOi.lll redemption 
24 
I 1l.'->tIt",lllCl' ('()lllrni.c,siull (I( '), 11ll' jlrt'lniulYl 01 \-\:hich :-;hdll be r1i-lid hy t-h(' <lpplicanl OV('l"S('(1S 
25 
workl'r- hO[']"()Wl'l". 
" 


7 
X 
II 
12 
SH'. 4. ;\ccfl'llillfli(ll/ or Bllllks II" Ptll/l/li'lIl C(llIduils. - The O\VW/\ shilll dccredil dS 
J1li.lll)' dUI1ll'slic (lJ" (orl'ign h;mkin)J, illSLiLulioll<; ~lS possihll' which arc duh' <1uLhori/.l'd Lu do 
business ill tIll' [lhilipf1ilWS ill order!n S('l'\'l' Lhl' JOdll pdyltll'nLj(-ll)lorLiz(:lLihrl lleeds or o\'('rsC'ZlS 
\'\'orkers-horn)lNl'rs. It sh;lll \1(' lh(' (1[ljii1,,-1Iioll or lilt' ov('rS(,,,lS \vorkc'J'--j,orrnwl'j' to r('lllillh(' 10':-111 
p,-lynH'tlt/<111l(lrli/',clliOll rq~llltlrl.\' tll O\:VVV/\ through Lilt' h<lllking inslilutions. I'he OVV\\.:'/\ sh(111 
likewi,",' I'sldhlish, wilhin Ol\(' el) \'I'dl' dflel' lilt' dCI'llivil\' (If Ihis lVI, iJIl ollli,ll: I'dynwnl "ysll'rn 
SI':C. 6. Loan PUYlIllJIl{ /\S.'!llrtIIICt' Nlec/uHlisl11s. 
j-'dilure to pay [-Ill' tonn dlld/ or any 
1 J 
vioL_lliOt) or the' l('I'm'-, illlposvd upon Uw 10<.111 ,')\w11 be' sufficienl ground for the FOP;\ <lnd ill! its 
1 () 
dll\, ulilt'r ('xi( 11l'l'llIiljdl'cHdnCL' lu work <:lhrtli.ld t() I"he' Cl\'C'fSC,-IS \vul'kcr-ho!Towcr conCl~l'ned 
17 
unless: (ll) Iwjshc ,l?/l'('S [0 lilt' l'l'slrucluring of tlw 
IO~H1J ;tlld [hereupon 
pa~.'s Ule' first 
1X 
ins[,-lllllwnl utI [Il(' s,lid 
rl'~;Ll'uclllrin?), (IS duly Cl'l'lific'd hy O\V\Vi\' ,-llld, together with this 
2() 
c()nlH'clilltt with II,,' Illdl1; Ill', (1)) 111'/,,111' is "hie to Jlill' ill luLl, ilS duj\, cl'l'liCil'd by ClW\VI\' 
22 
'1'11(' l'l'rlifici.ltioll o( till' ()\VVV/\ ,lccount urrin:r (OIlCl'rllcd illdicLlling thcl"l'ln tilt: just 
~~4 
CdUSt' ur r(',-lS()1"\ ror [ht' rilihtl'(, ltl pil)', ell!1y ~l[[l'~;l('d to hv llw s,:l"id 
dCCOlltlL officer's i1111TH'di;:lLl' 
2) 
Sl!]wrvisol', .'ihid! ,';('r\'(' ,IS pr()()( of LIlt' jusl- CelliSt' llr I't',1";OIl. This l'crlifiG1tion and ,:lll olhl'f 
2() 
Cl'rlific(ltillll'-l tlll'llli()!ll'd lJll lhis sectiun 11l(lY hl' is<;Ul'd l'1('l'lI'()!licdl1y, through Lbl' illtl'l'm'C with 
27 
llll' ('l(,l'lrollic sigtl,-l!UI\'S ()f till' !)(,l'S(lllS l'xecLiling <:lllL1/Uf <:111C'slillf, to the said ccrtific,llions and 
2X 
olher (lLrlIH,tllicdtillg Sllr('gll(lt'ds. 
29 
3() 
SlJ'. 7. 
/.(}(lJl 
V(JJ'~rir'{/li(}ll. 
I:or purposc's of 
(",-lsl('1' 
IOclll 
vl:rifjcrltioll anll/()f 
_11 
illtllll'lllicilliDI1 ;lIlt! 10 f,ll'ilildlt' O\IVVV/\'S lldminisll'<1lion of this cl'('dit dssisl;-lnCl~ progri.lln, thl: 
:12 
I~;llik, rVlill1g~~;Jg'-\Will)n)C('ssillg ('l:I1I('I', Rt'gioll<ll Ufficc':--J ,-lI1d j,<lho]' !\ssisli:U1Cl' C\'nlcrs (j,J\Cs) of 
~)4 
Philippinl's {lIHI (ll)t'l)(1(\, (111 olher cOllCt:rnl'c\ govl'l'nrncnl ,JgCl1CiCSjllffic('s <1lld all licensed 
.15 
J'l'cl'uilnH'lli '-Inti llldllnillg il?,l'lll'il's d('puliz('dj(ll'lT(~dil('d hy tIll' 1-\ )[A lu issue opes lllld other 
36 
('xii IHTlllils/cil'itt'ittlCt'" I() w(lt'k i1h('(lilti, ,h,dl (()\lI'dillilll' dtJst:ly iltlti I'q',uiill'ly willi OWW/\ 
.;'7 
lTsing <-111 C.lViliL_lhjl' )]1('(1I1S o/" v('rifidhll' (mel pr()lll'rly protected conlllluniC<JLions including, but 
2 


1 
SJ·:c. 8. Prohiliited Ads and Pel1alties. - Any govcrnmlCnt official and/ or employcc who 
2 
issues an Overseas J\mploymC'nt Certificate (OEC) and/or an exit permit/clearance to any 
3 
avers('as worker-borrower in vlolation of any provision of this Act shall suffer the penalty of 
4 
sixty (GO) day suspcnsion without pay for the first offense and dismissal from the service with a 
5 
fivc (5) ycar disqualification to hold any public office for tl", second offense. 
6 
7 
Any private entity which issues on Overseas Employment CCltificate (OEe) and/ or an 
R 
exit Jwrmit/ clearance to any overseas worker-borrower in violation of ony proviSion of this Act 
9 
shall stiffer thc penally of sixty (Gil) day slIspension of its license or accreditation f01' the first 
1 0 
()f[cns(~ and pet'1nan(~nl cancellalion of license or accredilation for the second.offense. 
] I 
12 
SEC. 9. Additioual Personnel for OWWA. - To ensure' the prop(,r implementation of this 
13 
Act, OWWA is Iwreby authorized to hire, additional personnel who possess the necessary skills, 
14 
qualification and ,'xl'erience in bookkeeping, accOllllting, information te\'hnology, and credit 
15 
adminislralion, including but not linlitcd to, the areas of evaluation of loan applications, credit 
16 
investigi.llion, verification, authentication, and collection. 
17 
18 
SliC. 10. lHlI'/clIlcnlillg Rilles and Regllla/if",s. _. Tlw OWWA, in consultation with the 
] 9 
Senate Comlllillce on Labor and Employment and the I-louse Committee on Overseas Workers 
20 
Affairs, shall, within sixty (60) days after the effectivity of this Act, issue the necessary rules and 
21 
rcgulalions fur j ts cffcclivc irnplcJllcntation. 
22 
23 
SJiC. 11. !\ppropriatiolls. - The amount needed for the rdease of loans as mandated 
24 
umler this Act shall be <lppropriated O(lt of the Overseas Welfare Trust Fund. The departments, 
25 
ag('neies, bur"""s, and offices charged with carrying out the provisions of this act shall include 
26 
in nwir r"slwctive programs the implel1wntation of this Act, funding of which shal] be included 
27 
in the Annual Ccneral Appropriations Act. 
28 
29 
SliC '12. Rcpealing CIa liSe. Any otl",r provisions of law or rules and regulations 
30 
inconsistent to 111C' provisions of this' Act are 1wreby repealer\' amended or modified 
31 
accordingly. 
32 
33 
SH:. B. Scparaliility Clal{se. If, for any reason, any section or provision of this Act is 
34 
held unconstitutional or invaJid, the other sections or provisions hereof shall not be affected 
35 
tlwrd,y. 
36 
SliC 14. Effectivity. This Act shall lnke effect fifteen (15) days after its publication in the 
37 
Official Gazette and in at least two (2) newspapers of general circulation. 
3R 
Approved, 
3