Republic of the Phitippines
HOUSE OF REPRESENTATIVES,
Quezon Ci

FIFTEENTH CONGRESS
Second Regular Session

COMMITTEE REPORT NO. 2088

see AER Oke

ommittees on Agrarian Reform and Ways and Means on

Re. House Bill No 8093
Recommending its approval in substitution of House Bill No. 3854
Sponsors: Representatives Pryce Henry A. Teves, Isidro T. Ungab, Rufus B Rodriguez

and Maximo B_ Rodriguez, jr

Mr Speaker

The Committees on Agrarian Reform and Ways and Means to which was referred House
Bill No 3854 introduced by Represematives Rufus B Rodriguez and Maximo B

Rodriguez, Jr. entitled

“AN ACT n

AGRICULTURAL LANDS TAKEN UNDER PRESIDENTIAL =|
NO, 27, DECREEING THE EMANCI ANTS FROM THE
OWN 1IP OF THE LAND THEY TILL AND PROVIDING THE
BONDAGE OF THE SOIL, TRANSFERRING TO THEM THE
INSTRUMENTS AND MECHANISM THREFOR, EXECUTIVE ORDER
NO, 228. DECLARING FULL LAND OWNERSHIP TO QUALIFIED
FARMER BENEFICIARIES COVERED BY PRESIDENTIAL DECRE:
NO. 27 DETERMINING THE VALUE OF REMAINING UNVALUED
RICE AND CORN LANDS SUBJECT TO PD NO. 27, AND PROVIDING
FOR THE MANNER OF PAYMENT BY THE FARMER BENEFICIARY
AND MODE OF COMPENSATION TO THE LANDOWNER;
EXECUTIVE ORDER NO. 229. PROVIDING THE MECHANISMS FOR
THE IMPLEMENTATION OF THE COMPREHENSIVE AGRARIAN
REFORM PROGRAM, REPUBLIC ACT NO. 6657, COMPREHENSIVE
AGRARIAN REFORM LAW OF 1988, AS AMENDED: REPUBLIC ACT
NO 9700. AN ACT STRENGTHENING THE COMPREHENSIVE
AGRARIAN REFORM PROGRAM (CARP). EXTENDING THE



ACQUISITION AND DISTRIBUTION OF ALL AGRICULTURAL
LANDS. )TETUTING THE NECESSARY REFORMS, AMENDING
FOR THE PURPOSE CERTAIN PROVISIONS OF REPUBLIC ACT NO.
6657, OTHERWISE KNOWN AS THE COMPREHENSIVE AGRARIAN
REFORM LAW OF !988, AS AMENDED AND APPROPRIATING
FUNDS THEREFOR”

have considered the same agd have the honor to recommend to the House that the
attached House Bill No, 609 denitled

“AN ACT EXEMPTING FROM ESTATE TAX THE UNPAID BALANCE.
OF JUST COMPENSATION DUE THE DECEDENT OWNER OR HIS:
HER LEGAL HEIRS OR SUCCESSORS IN INTEREST OF
AGRICULTURAL. LAND ACQUIRED BY THE GOVERNMENT
UNDER P.D. No. 27, EO No 228, E O. No. 229,R A. No. 6657 and R.A.
No. 9700 ( Compr i arian Reform Program) , AMENDING FOR,
THE PURPOS: ION 87 OF THE NATIONAL INTERNAL
REVENUE COL 1997, AS AMENDED.”

be approved in substitution to House Bill No. 3854 with Representatives Pryde Henry A
Teves, Crescente Paez, Reena Concepcion G. Obillo and Agapito H, Guanlao as co-
authors thereof:

Respectfully submitied

ISIDRO T_UNGAB PRYDE HEARY A. TEVES

Chairperson Chairpe
Committee on Ways and Means Committet on Agrarian Reform

THE HONORABLE SPEAKER
HOUSE OF REPRESENTATIVES
QUEZON CITY


Republic of the Philippines
House of Representatives
Batasan Hills, Quezon City

15™ CONGRESS
2° Reguiar Session

HOUSE BILL NO. 8093

Introduced by: Representatives Pryde Henry A. Teves, Isidro T. Ungab, Rufus 8
Rodriguez, Maximo B. Rodriguez Jr., Cresente M. Paez, Reena Concepcion G. Obillo

and Agapito H. Guanlao

AN ACT EXEMPTING FROM ESTATE TAX THE UNPAID BALANCE OF JUST
COMPENSATION DUE THE DECEDENT OWNER OR HIS/HER LEGAL HEIRS OR
SUCCESSORS IN INTEREST OF AGRICULTURAL LAND ACQUIRED BY THE
GOVERNMENT UNDER P.D. No. 27, E.0. No. 228, E.0. No. 229, R.A. No. 6657
and R.A. No. 9700 (Comprehensive Agrarian Reform Program), AMENDING
FOR THE PURPOSE SECTION 87 OF THE NATIONAL INTERNAL REVENUE
CODE OF 1997, AS AMENDED.

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

SECTION 1. Section 87 of the National Internal Revenue Code of 1997, as
amended is hereby further amended to read as follows:

"Section 87. Exemption of Certain Acquisitions and ‘Transmissions.- The
following shall not be taxed:

(A) Xxx

(B) XXX

(C) Xxx

(D) Xxx

(E) THE UNPAID BALANCE OF JUST COMPENSATION DUE THE DECEDENT
OWNER OR HIS/HER LEGAL HEIRS OR SUCCESSORS IN INTEREST OF
AGRICULTURAL LAND ACQUIRED BY THE GOVERNMENT BY VIRTUE OF P.D.
No. 27, E.O. No. 228,£.0. No. 229, RA No. 6657 AND RA No. 9700
(COMPREHENSIVE AGRARIAN REFORM PROGRAM)”

SEC 2. This Act shall take effect fifteen (15) cays after its pubiication in at least two
(2) newspapers of general circulation

Approved.


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

FACT SHEET

Honse Bill No. $033
(In Substitution of HB HB 3854)

AN ACT EXEMPTING FROM ESTATE TAX THE UNPAID BALANCE
OF JUST COMPENSATION DUE THE DECEDENT OWNER OR
HIS/HER LEGAL HEIRS OR SUCCESSORS IN INTEREST OF
AGRICULTURAL LAND ACQUIRED BY THE GOVERNMENT UNDER
PD. No. 27, B.O. No. 228, EO. No. 229, R.A. No. 6657 AND R.A. No.
9700 (Comprehensive Agrarian Reform Program), AMENDING FOR THE
PURPOSE SECTION 87 OF THE NATIONAL INTERNAL REVENUE
CODE OF 1997, AS AMENDED.

Introduced by: Representatives Pryde Henry A. Teves, Isidro T. Ungab, Rufus
B. Rodriguez, Maximo B Rodriguez Jr., Cresente M. Paez, Reena
Concepcion G. Obillo and Agapito H. Gunlao

Committee Referral. COMMITTEE ON AGRARIAN REFORM = and
COMMITTEE ON WAYS AND MEANS

Committee Chairpersons: HONORABLE PRYDE HENRY A. TEVES and
HONORABLE ISIDRO T. UNGAB


OBJECTIVES:

To address the concerns of the landowner's sector whose payments of
just compensation have always been delayed due to documentation

requirements and land valuation.

KEY PROVISION:

e Mandates that all agricultural lands taken from private persons under
P.D. 27, E.O. 228, E.O. 229, R.A. 6657 and R.A. 9700 shall be exempt

from the payment of estate taxes should the original landowner die
prior to the full payment by the government of just compensation

RELATED LAWS:

', Decreeing the emancipation of tenants from the bondage of

3 228, Declaring full land ownership to qualified farmer

beneficiaries covered by P.D. 27;

« 0, 229, Providing the mechanisms for the implementation of the
Comprehensive Agrarian Reform Program;

« RA. 6657, Comprehensive Agrarian Reform Program; and

e RA. 9700, CARPER Law