S RECEIVED »
we D5 ALB Bus

vt: —
Nea Br

2

Republic of the Philippines
HOUSE OF REPRESENTATIVES ‘ o
Constitution Hills, Quezon City SS INDEX 7

SIXTEENTH CONGRESS
First Regular Session

2271

House Bill No.

Introduced by: REPRESENTATIVE ERIC L. OLIVAREZ

EXPLANATORY NOTE

The prolonged use of non-organic or synthetic fertilizer has
resulted in destructive residual effects especially to the soil, to the rivers,
to animals and to inland fishing grounds and even causing cancer to
human beings. The use of non-organic fertilizer should be discouraged
and the use of organic fertilizer should be promoted, encouraged and
supported. It has been demonstrated not only in experimental farms but
in commercial scale that organic fertilizer is as good if not better that
inorganic fertilizer.

As a measure of promoting the use of organic fertilizer, the cost of
production must be maintained at such levels as will interest farms to
use organic fertilizer. Incentives should also be provided to local
manufacturers of organic fertilizer in order induce its increased
production and wide promotion and usage.

This bill proposes to extend certain benefits to the local producers
of organic fertilizers for a number of years in the form of tax exemption
from all kinds of taxes and imposts whether local or national in order to
provide them a headstart so that organic fertilizer can be made a
available to the farmers at the minimum cost to induce them to use it
and for manufacturers to produce it.

In view of the perceived benefits of this bill, approval of this
measure is earnestly recommended.

ae
ERIC L. OLIVAREZ


Republic of the Philippines
HOUSE OF REPRESENTATIVES
Constitution Hills, Quezon City

SIXTEENTH CONGRESS
First Regular Session

House Bill No. 22 71

Introduced by: REPRESENTATIVE ERIC L. OLIVAREZ

AN ACT PROVIDING FOR INCENTIVES TO THE
MANUFACTURING OF ORGANIC FERTILIZERS AND FOR
OTHER PURPOSES

Be it enacted by Congress in session assembled.

Section 1. Declaration of Policy. It is the declared policy of the state
that the use of organic materials specially in agriculture be encouraged
and promoted in order to contribute to the preservation of the ecological
balance. Therefore the state shall extend the necessary incentives for the
production and use of organic fertilizer.

Section 2. All local manufacturers of organic fertilizers shall be
exempt from the payment of all kinds of taxes or imposts whether local
or national within a period of five years, provided that the exemption
shall cover only equipment, material, components, supplies, used
directly in the production and distribution of such product and the
income derived from such activity.

Section 3. In addition to the foregoing incentives, manufacturers of
organic fertilizers shall be given preferential treatment by government
owned or controlled banking or financial institutions in the processing
of loan applications, liberalized terms of payment and interest rates.

Section 4. All laws decrees, order, rules and regulations and other
issuances or parts thereof related to the same subject matter are
considered modified, amended, revised or supplemented by this act.


Section 5. This act shall take effect after its publication once a week
for two consecutive weeks in a newspaper of national circulation

Approved,