43 AUG 2012
NTA

Republic of the Philippines oe
HOUSE OF REPRESENTATIVES
Batasang Pambansa, Quezon City

FIFTEENTH CONGRESS
Third Regular Session
6465

HOUSE BILL NO.

INTRODUCED BY REP. JOSEPH VICTOR G. EJERCITO

EXPLANATORY NOTE

Education serves as the foundation for sustained economic growth.
For young people who have it stand to reap enormous benefits and
success while those who do not are very likely destined to al life of
hardship, trials and want.

As more and more young people waste away in the slums, streets
and sweatshops, the country suffers from an intellectual and moral drain.
The lack of educational opportunity for young people is truly one of the
worst tragedies that we witness.

In a study conducted on Philippine education, it was concluded that
of the one (100) pupils who entered basic education, only eight (8) to ten
(10) will possibly get college education. This is indeed an upsetting
situation.

The 1987 Philippine Constitution mandated the State to ensure that
education must be accessible to all. Under Article XIV, Section 5 (5) of the
Constitution, it further provides that “the State shall assign the highest
budgetary priority to education and ensure that teaching will attract and
retain its rightful share of the best available talents through adequate
remuneration and other means of job satisfaction and fulfillment”.

However, since the Arroyo administration, there is a downward
trend in terms of State subsidy to public tertiary education. This
experience prompted the SCU heads to beg from the kind benevolence of
lawmakers who have the heart for education and even using fund-raising
schemes courtesy of their faculty, alumni and student bodies just to stay
afloat - year after year.


The passage of this bill is earnestly sought with the intention of
helping support State Universities and Colleges (SUCs) and the funding
assistance shall be sources from the earnings of the state-run Philippine
Amusement and Gaming Corporation (PAGCOR). Accordingly, ten percent
of the corporation’s gross income shall be set aside for the support of the
SUCs.

sl

REP. JOSEPH VICTOR G. EJERCITO


HOUSE OF REPRESENTATIVES
Batasang Pambansa, Quezon City

FIFTEENTH CONGRESS
Third Regular Session

6465
HOUSE BILL NO. 846

a

INTRODUCED BY REP. JOSEPH VICTOR G. EJERCITO

AN ACT FURTHER AMENDING SECTION 12 OF PRESIDENTIAL
DECREE 1869 AS AMENDED AND ALLOCATING A PORTION OF THE
FUNDS GENERATED BY THE PHILIPPINE AMUSEMENT AND GAMING
CORPORATION TO STATE RUN UNIVERSITIES AND COLLEGES AS
FINANCIAL EDUCATIONAL SUPPORT

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

SECTION 1. Section Twelve (12) of Presidential Decree 1869 is hereby
amended to read as follows:

Section 12. Special Condition of Franchise. - After
deducting five (5%) percent as Franchise Tax, the fifty
percent (50%) share of the government in the aggrega-
gross earnings of the Corporation from this Franchise,
or sixty percent (60%) if the aggregate gross earnings
be less than P 150,000,000, shall immediately be set
aside and shall accrue to the General Fund to finance the
priority infrastructure development projects and to
finance the restoration of damaged or destroyed facilities
due to calamities, as may be directed or authorized by
the Office of the President of the Philippines.

Ten percent (10%) of the Corporation's gross
income shall be set aside for the support of State run
Universities and Colleges, which must be released di-
rectly in full from the Philippine Amusement and Ga-
ming Corporation (PAGCOR) to State Universities and
Colleges (SUCs). Earnings of the Corporation from the
previous year must be released at least one month
before every opening of the school year, to be divided
equally among all State run Universities and Colleges
in the Philippines.



SECTION 2. Repealing Clause. - All laws, decrees, executive orders,
administrative orders, rules or regulations inconsistent herewith are
hereby repealed, amended or modified accordingly.

SECTION 3. Effectivity Clause. - This Act shall take effect fifteen (15) days
after its publication in a newspaper of general circulation.

Approved.