Question & AnswerQ&A (Commonwealth Act No. 649)
The main purpose of Commonwealth Act No. 649 is to reduce the contribution of provinces and municipalities to the Agricultural Fund.
It amends Section 1813-H of the Administrative Code as inserted by Commonwealth Act Numbered Eighty-five.
The Agricultural Fund is a special fund constituted by the sum set aside annually by each municipality or municipal district and the provincial board from their respective general funds, intended to support agricultural activities.
Each municipality or municipal district must set aside annually not less than three and not more than five percent of its general fund.
The provincial board has the discretion to determine the exact percentage contribution within the range of three to five percent.
Each provincial board must set aside from its general fund a sum similar to the contributions set aside by the municipalities and municipal districts under its jurisdiction.
The Agricultural Fund is formed by aggregating the sums set aside by the provincial board and the municipalities/municipal districts under its jurisdiction from their respective general funds.
The Act took effect upon its approval on June 16, 1941.
No, the Act specifically focuses on the creation and funding of the Agricultural Fund but does not detail its uses.
The contributions are mandatory within a specified range, but the exact percentage contribution by municipalities or municipal districts is at the discretion of the provincial board.