A House version of the bill establishing Department of Agriculture to link and promote partnership between fisherfolk, farmers and private sectors has supported by the Senate.
Respectively, the proposed Sagip Saka Act incorporate in law the DA’s Farmers and Fisherfolk Enterprise Development Program (House Bill No. 8857), seeks to improve partnership between groups of fisherfolk and farmers and private sectors, especially in “market access”.
Based on the report of Business World, the Agriculture and Fishery Councils (AFCs) and the Philippine Council for Agriculture and Fisheries (PCAF) will be tasked for managing the participation of the private sector.
On the other hand, private sectors are expected for their full commitment “into marketing contracts or buy-back agreements with their production partners and must be willing to provide technology transfer”.
Mainly, the measure of the bill offers assistance of various agricultural extension services, skills development, crop insurance, and business support to fisherfolk and farmers.
Report stated that the bill exempts from donor’s tax organizations donating real and personal properties to farmers and fisherfolks. In addition to the statement of the report, “real property tax exemptions from local government units are also provided to structures and warehouses with assessed value of less than P3 million used for the farm inputs and outputs”.
More importantly, fisherfolk and farmers which owned enterprises and at the same, registered as barangay micro-business enterprises under the Barangay Micro-Business Enterprises Act (Republic Act No. 9178), may also be given exemption from income tax .
The bill also mandated that national and local government should purchases directly agricultural products from accredited cooperatives and enterprises of fisherfolk and farmers.