The bill would make the Philippine Crop Insurance Corporation a permanent agency, broaden the types of crops, livestock and other farm assets it can insure, allow it to use modern technology and parametric insurance, let it set eligibility based on risk, limit government premium subsidies to small (≤ 3 ha) subsistence farmers, and permit public‑private partnerships and bond financing.
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
Printed from CivicSync PH: https://civicsync-ph-gamma.vercel.app/bills/HB07720. Status changes over time; check the link for the latest.
HB07720 · Sources: BatasWatch
Similar in what they’d do, filed by any lawmaker.