HB 6162 also expands the beneficiaries to include local government units, state universities and colleges, other government institutions, accredited non-government organizations, people's organizations, cooperatives, farmer/fisherfolk organizations, and other accredited similar organized groups involved agricultural development and promotion. The bill likewise earmark 10 percent of the ACEF for a comprehensive scholarship program for agriculture, forestry, fisheries, and veterinary medicine education. The proposed law also provides for a strategic investment plan to be formulated by the Department of Agriculture, in consultation with the Congressional Oversight Committee on Agriculture and Fisheries Modernization which will periodically evaluate the plan and review the utilization of the ACEF.

Yap, J. P. Jr. (2015, October 18). Extension of agri enhancement fund pushed. Panay News, pp. B1, C6.