SB 765
Senate·20th Congress·Filed Jul 29, 2025
Poverty Reduction Through Social Entrepreneurship (Present) Act
An Act Ordaining the Promotion of Social Enterprises to Alleviate Poverty, Establishing for the Purpose the Poverty Reduction Through Social Entrepreneurship (Present) Program and Providing Support, Benefits and Appropriations Therefor
In plain language
The PRESENT Act proposes to help poor communities by encouraging and supporting businesses that aim to make a profit while also solving social and environmental problems. It creates a government‑run program, a fund, and special incentives such as easier loans, grants, tax credits, and priority in government purchases for qualifying social enterprises.
Social WelfareEducationEnvironment and Natural Resources
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Author · Senator
Subjects
Poverty Reduction Through Social Entrepreneurship (Present) Program
Official sources
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SBN-765 · Sources: BetterGov Open Congress, BatasWatch