The Senate Bill No. 1339 aims to provide incentives for farm cooperatives and association that uses organic fertilizer.
“The bill amends Presidential Decree No. 1144 by exempting those engaged in the domestic sale and trade of organic fertilizer from registration fees, license fees and other administrative charges,” Business World reported.
Respectively, Senator Maria Lourdes Nancy S. Binay proposed that the said bill will exempt cooperatives and association from paying the fees and charges.
The Fertilizers and Pesticide Authority (FPA) is directed to create guidelines for the screening of cooperatives and associations that may avail of the exemption.
“Much of the fertilizer needs of our farmers are still being met by traditional organic fertilizers,” Ms. Binay said.
“With the recent attraction towards organic farming, local demand for traditional organic fertilizers has increased in the past few years.” she added.
Penalties of 15-20 years imprisonment will be imposed if the value involved more than Php 50,000.
“Regulation should be encouraged in view of the susceptibility of a free market regime to abuse,” the senator emphasized.
“It will also grant an amnesty to farmers who may have unknowingly violated provisions of the Decree, which prohibits the sale of pesticides, fertilizers or any agricultural chemical that has not been registered with the FPA,” report mentioned.
“The amnesty, which should be applied for within two years from the law’s effectivity, is intended to encourage farmers to register with the FPA,”it added.