SB 261

Senate·20th Congress·Filed Jul 8, 2025

Agrarian and Agricultural Writing Off or Condonation and Restructuring of Loans Act

An Act Providing for the Writing Off of Loans or Condonation of Unpaid Interests, Penalties, and Surcharges of Loans, and Loan Restructuring Secured by Farmers, Fisherfolk, and Agrarian Reform Beneficiaries from the Department of Agrarian Reform, Department of Agriculture- Agricultural Credit Policy Council, Cooperative Development Authority, National Food Authority, and Quedan and Rural Credit Guarantee Corporation

In plain language

The bill would cancel (write off) old agricultural loans and waive interest, penalties and surcharges for farmers, fisherfolk and agrarian reform beneficiaries, then let them restructure the remaining balances with three new payments.

Agriculture and FisheriesPublic Works and InfrastructureSocial Welfare

Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.

Author · Senator

Mark Villar
SenatorMark Villar
Receipts →

Subjects

CondonationDepartment of Agrarian Reform (DAR)Loans/Forbearances (Rates of Interest)

Official sources

Similar in what they’d do, filed by any lawmaker.

HB 2414· Filed Jul 28, 2025
An Act Providing for the Restructuring and Condonation of Unpaid Interests, Penalties, and Surcharges on Loans Secured by Farmers, Fisherfolks, Cda-Registered Cooperatives and Agrarian Reform Beneficiaries from the Department of Agrarian Reform, the Department of Agriculture, the People's Credit and Finance Corporation, the Cooperative Development Authority, the National Food Authority, and the Quedan and Rural Credit Guarantee Corporation
Pending with the Committee on AGRARIAN REFORM since 2025-08-04Rep. Felimon M. Espares
HB 5051· Filed Oct 1, 2025
An Act Providing for the Restructuring and Condonation of Unpaid Interests, Penalties, and Surcharges on Loans Secured by Farmers, Fisherfolks, and Agrarian Reform Beneficiaries from the Department of Agrarian Reform, the Department of Agriculture, the People�s Credit and Finance Corporation, the Cooperative Development Authority, the National Food Authority, and the Quedan and Rural Credit Guarantee Corporation
Pending with the Committee on AGRARIAN REFORM since 2025-10-06Rep. Kristine Singson-Meehan
HB 10750· Filed Aug 12, 2026
An Act Providing for the Condonation and Write-Off of Unpaid Interests, Penalties and Surcharges, and the Restructuring of Loans Secured by Farmers, Fisherfolk, Agrarian Reform Beneficiaries and Their Cooperatives, Organizations, and Associations from the Department of Agrarian Reform, the Department of Agriculture-Agricultural Credit Policy Council, the People’s Credit and Finance Corporation, the Cooperative Development Authority, the National Food Authority, and the Quedan and Rural Credit Guarantee Corporation
Approved by the House on 2026-09-02, transmitted to the Senate on 2026-09-03 and received by the Senate on 2026-09-03Rep. Eleanor C. Bulut-Begtang +10
HB 6950· Filed Dec 17, 2025
An Act Providing for the Restructuring and the Condonation of Unpaid Interests, Penalties, and Surcharges on Loans Secured by Farmers, Fisherfolks, Agrarian Reform Beneficiaries, and Cda-Registered Cooperatives from Government Lending Agencies
Pending with the Committee on AGRARIAN REFORM since 2025-12-22Rep. Dale B. Corvera
HB 8959· Filed Apr 22, 2026
An Act Strengthening the Financing System for Agriculture and Rural Development in the Philippines, Repealing for the Purpose Republic Act No. 10000 Otherwise Known as �the Agri-Agra Reform Credit Act of 2009�
Pending with the Committee on BANKS AND FINANCIAL INTERMEDIARIES since 2026-05-05Rep. Eric Go Yap

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SBN-261 · Sources: BetterGov Open Congress, BatasWatch