Villar sees Agrarian Emancipation measure signed

SEN. Cynthia Villar expressed confidence that President Ferdinand Marcos Jr. will prioritize the signing into law of a bill condoning loans by farmers and agrarian reform beneficiaries (ARBs).

Villar, the chairperson of the Committee on Agriculture, Food, and Agrarian Reform, said Senate Bill 1850 or the New Agrarian Emancipa- tion Act will benefit 610,054 ARBs who were granted lands under Presidential Decree No. 27, Republic Act 6657, as amended by RA 9700, and who have outstanding loan balance as of the effectivity of the act.

The bill, which was already passed by both houses of Congress, emanated from Villar’s committee in the Senate.

It proposes to condone all principal and interests of loans from the award of agricultural lands under the Comprehensive Agrarian Reform Program.

Villar said farmers and farmworkers are waiting for the enactment of this measure, which will make possible their dream of receiving their land titles. Macon Ramos-Araneta