Republic of the Philippines

HOUSE OF REPRESENTATIVES December 1, 2022

Quezon City 6:11 pm

NINETEENTH CONGRESS
First Regular Session

COMMITTEE REPORT NO. 195

____

Submitted by the Committees on Higher and Technical Education, Appropriations, and Ways and
December 1, 2022
Means on _______
Re: House Bill No. 6473
_____
Recommending its approval in substitution of House Bill No. 976
Sponsors: Representatives Mark O. Go, Elizaldy S. Co, and Joey Sarte Salceda

Mr. Speaker:

The Committees on Higher and Technical Education, Appropriations, and Ways and Means to which
was referred House Bill No. 976, introduced by Rep. Mark O. Go, entitled:

“AN ACT
ESTABLISHING THE PHILIPPINE ENTREPRENEURS ACADEMY, AND
APPROPRIATING FUNDS THEREFOR”

have considered the same and recommend that the attached House Bill No.6473
____, entitled:

“AN ACT
ESTABLISHING THE PHILIPPINE ENTREPRENEURS ACADEMY AND
APPROPRIATING FUNDS THEREFOR”

be approved in substitution of House Bill No. 976 and with Representatives Mark O. Go, Ruth Mariano-
Hernandez, Greg G. Gasataya, Jude A. Acidre, Jefferson F. Khonghun, Rudy S. Caoagdan, DPA, Carl
Nicolas C. Cari, Paul Ruiz Daza, Eulogio R. Rodriguez, Mikaela Angela B. Suansing, Ma. Victoria C.
Co-Pilar, Zia Alonto Adiong, Alfelito “Alfel” M. Bascug, Raoul Danniel A. Manuel, Marissa “Del
Mar” P. Magsino, Rhea Mae A. Gullas, Ma. Lucille L. Nava, M.D., Samuel S. Verzosa, Jr., Jose Gay
G. Padiernos, Maria Carmen S. Zamora, Eric R. Buhain, OLY, Ron P. Salo, Stella Luz A. Quimbo,
Alan “Aldu” R. Dujali, Antonieta R. Eudela, Francisco Paolo P. Ortega V, Joselito “Joel” S. Sacdalan,
JC Abalos, Marlyn L. Primicias-Agabas, Edsel A. Galeos, Kristine Alexie B. Tutor, Charisse Anne C.
Hernandez, Mercedes K. Alvarez, Jose “Joboy” S. Aquino II, Lani Mercado-Revilla, Christopherson
“Coco” M. Yap, Elizaldy S. Co, Kristine Singson-Meehan, Antonio “Tonypet” T. Albano, Wilter Y.
Palma, David “Jay-Jay” C. Suarez, Bienvenido M. Abante, Jr., Jose C. Alvarez, Maria Rachel J. Arenas,
Claudine Diana D. Bautista-Lim, Raul Angelo “Jil” D. Bongalon, Fernando T. Cabredo, Mary Mitzi L.
Cajayon-Uy, Arthur F. Celeste, Luisa Lloren Cuaresma, Gerardo “Gerryboy” J. Espina, Jr., Ed
Christopher S. Go, Ruwel Peter Gonzaga, Teodorico T. Haresco, Jr., Roy M. Loyola, Francisco Jose
“Bingo” F. Matugas II, CPA, CESO, LLB, Romeo S. Momo, Sr., Tobias “Toby” M. Tiangco, Alfonso
V. Umali, Jr., Joseph Gilbert F. Violago, Divina Grace C. Yu, Jose Ma. R. Zubiri, Jr., Adrian Jay C.
Advincula, Cheeno Miguel D. Almario, Loreto S. Amante, James “Jojo” A. Ang, Jr., Dean Asistio,
Maria Vanessa C. Aumentado, Bonifacio L. Bosita, Jorge “PATROL” Bustos, Edgar M. Chatto, Jaime
D. Cojuangco, Ambrosio C. Cruz, Jr., Ricardo S. Cruz, Jr., Sergio C. Dagooc, Sittie Aminah Q.
Dimaporo, Ernesto M. Dionisio, Jr., Wowo Fortes, Jaime R. Fresnedi, Dante S. Garcia, Maria Angela
S. Garcia, Edwin L. Gardiola, Anthony Rolando T. Golez, Jr., Ramon Rodrigo L. Gutierrez, Daphne
A. Lagon, Sonny “SL” L. Lagon, Carmelo “Jon” B. Lazatin II, Wilbert T. Lee, Antonio B. Legarda,
Jr., Gerville R. Luistro, Edward Vera Perez Maceda, Allen Jesse C. Mangaoang, Doris E. Maniquiz,
Bai Dimple I. Mastura, Ma. Rene Ann Lourdes G. Matibag, Margarita Ignacia B. Nograles, Emmarie
“Lolypop” Ouano-Dizon, Joseph Stephen “Caraps” S. Paduano, Arnan C. Panaligan, Augustina
Dominique “Ditse Tina” C. Pancho, Salvador A. Pleyto, Ramon Jolo B. Revilla III, Princess Rihan M.
Sakaluran, Dimszar M. Sali, Ma. Alana Samantha T. Santos, Joseph S. Tan, Caroline L. Tanchay,
Jocelyn P. Tulfo, Patrick Michael D. Vargas, Rosanna “Ria” V. Vergara, Wilfrido Mark M. Enverga,
Marie Bernadette G. Escudero, Mario Vittorio “Marvey” A. Mariňo, Carlito S. Marquez, Peter B.
Miguel, Roman T. Romulo, Laarni Lavin Roque, Irene Gay F. Saulog, Christian Tell A. Yap, Luis
Raymund “LRay” F. Villafuerte, Jr., Ronald V. Singson, Joey Sarte Salceda, Allan U. Ty, Nicanor M.
Briones, Solomon R. Chungalao, Ray Florence T. Reyes, Janice Z. Salimbangon, Rodolfo “Ompong”
M. Ordanes, John Tracy F. Cagas, Ciriaco B. Gato, Jr., Lorenz R. Defensor, Ching B. Bernos, Peter
John D. Calderon, Florida “Rida” P. Robes, Michael B. Gorriceta, Janette L. Garin, Florencio Gabriel
“Bem” G. Noel, Midy N. Cua, Franz S. Pumaren, Stephen James T. Tan, Alfred C. Delos Santos,
France L. Castro, Mujiv S. Hataman, Arlene D. Brosas, Adrian Michael A. Amatong, Ricardo T. Kho,
Arnie B. Fuentebella, and Rufus B. Rodriguez as authors thereof.

Respectfully submitted,

ELIZALDY S. CO MARK O. GO
Chairperson Chairperson
Committee on Appropriations Committee on Higher and Technical Education

JOEY SARTE SALCEDA

Chairperson
Committee on Ways and Means

THE HONORABLE SPEAKER

HOUSE OF REPRESENTATIVES
 Republic of the Philippines
HOUSE OF REPRESENTATIVES
Quezon City

NINETEENTH CONGRESS
First Regular Session

HOUSE BILL NO. 6473

(In Substitution of House Bill No. 976)
___________________________________________________________________________________

Introduced by Representatives Mark O. Go, Ruth Mariano-Hernandez, Greg G. Gasataya, Jude A. Acidre,
Jefferson F. Khonghun, Rudy S. Caoagdan, DPA, Carl Nicolas C. Cari, Paul Ruiz Daza, Eulogio R.
Rodriguez, Mikaela Angela B. Suansing, Ma. Victoria C. Co-Pilar, Ziaur-Rahman “Zia” Alonto Adiong,
Alfelito “Alfel” M. Bascug, Raoul Danniel A. Manuel, Marissa “Del Mar” P. Magsino, Rhea Mae A.
Gullas, Ma. Lucille L. Nava, M.D., Samuel S. Verzosa, Jr., Jose Gay G. Padiernos, Maria Carmen S.
Zamora, Eric R. Buhain, OLY, Ron P. Salo, Stella Luz A. Quimbo, Alan “Aldu” R. Dujali, Antonieta R.
Eudela, Francisco Paolo P. Ortega V, Joselito “Joel” S. Sacdalan, JC Abalos, Marlyn L. Primicias-Agabas,
Edsel A. Galeos, Kristine Alexie B. Tutor, Charisse Anne C. Hernandez, Mercedes K. Alvarez, Jose
“Joboy” S. Aquino II, Lani Mercado-Revilla, Christopherson “Coco” M. Yap, Elizaldy S. Co, Kristine
Singson-Meehan, Antonio “Tonypet” T. Albano, Wilter Y. Palma, David “Jay-Jay” C. Suarez, Bienvenido
M. Abante, Jr., Jose C. Alvarez, Maria Rachel J. Arenas, Claudine Diana D. Bautista-Lim, Raul Angelo
“Jil” D. Bongalon, Fernando T. Cabredo, Mary Mitzi L. Cajayon-Uy, Arthur F. Celeste, Luisa Lloren
Cuaresma, Gerardo “Gerryboy” J. Espina, Jr., Ed Christopher S. Go, Ruwel Peter Gonzaga, Teodorico T.
Haresco, Jr., Roy M. Loyola, Francisco Jose “Bingo” F. Matugas II, CPA, CESO, LLB, Romeo S. Momo,
Sr., Tobias “Toby” M. Tiangco, Alfonso V. Umali, Jr., Joseph Gilbert F. Violago, Divina Grace C. Yu,
Jose Ma. R. Zubiri, Jr., Adrian Jay C. Advincula, Cheeno Miguel D. Almario, Loreto S. Amante, James
“Jojo” A. Ang, Jr., Dean Asistio, Maria Vanessa C. Aumentado, Bonifacio L. Bosita, Jorge “PATROL”
Bustos, Edgar M. Chatto, Jaime D. Cojuangco, Ambrosio C. Cruz, Jr., Ricardo S. Cruz, Jr., Sergio C.
Dagooc, Sittie Aminah Q. Dimaporo, Ernesto M. Dionisio, Jr., Wowo Fortes, Jaime R. Fresnedi, Dante
S. Garcia, Maria Angela S. Garcia, Edwin L. Gardiola, Anthony Rolando T. Golez, Jr., Ramon Rodrigo
L. Gutierrez, Daphne A. Lagon, Sonny “SL” L. Lagon, Carmelo “Jon” B. Lazatin II, Wilbert T. Lee,
Antonio B. Legarda, Jr., Gerville R. Luistro, Edward Vera Perez Maceda, Allen Jesse C. Mangaoang,
Doris E. Maniquiz, Bai Dimple I. Mastura, Ma. Rene Ann Lourdes G. Matibag, Margarita Ignacia B.
Nograles, Emmarie “Lolypop” Ouano-Dizon, Joseph Stephen “Caraps” S. Paduano, Arnan C. Panaligan,
Augustina Dominique “Ditse Tina” C. Pancho, Salvador A. Pleyto, Ramon Jolo B. Revilla III, Princess
Rihan M. Sakaluran, Dimszar M. Sali, Ma. Alana Samantha T. Santos, Joseph S. Tan, Caroline L.
Tanchay, Jocelyn P. Tulfo, Patrick Michael D. Vargas, Rosanna “Ria” V. Vergara, Wilfrido Mark M.
Enverga, Marie Bernadette G. Escudero, Mario Vittorio “Marvey” A. Mariňo, Carlito S. Marquez, Peter
B. Miguel, Roman T. Romulo, Laarni Lavin Roque, Irene Gay F. Saulog, Christian Tell A. Yap, Luis
Raymund “LRay” F. Villafuerte, Jr., Ronald V. Singson, Joey Sarte Salceda, Allan U. Ty, Nicanor M.
Briones, Solomon R. Chungalao, Ray Florence T. Reyes, Janice Z. Salimbangon, Rodolfo “Ompong” M.
Ordanes, John Tracy F. Cagas, Ciriaco B. Gato, Jr., Lorenz R. Defensor, Ching B. Bernos, Peter John D.
Calderon, Florida “Rida” P. Robes, Michael B. Gorriceta, Janette L. Garin, Florencio Gabriel “Bem” G.
Noel, Midy N. Cua, Franz S. Pumaren, Stephen James T. Tan, Alfred C. Delos Santos, France L. Castro,
1
 Mujiv S. Hataman, Arlene D. Brosas, Adrian Michael A. Amatong, Ricardo T. Kho, Arnie B. Fuentebella,
and Rufus B. Rodriguez
____________________________________________________________________________________

AN ACT
ESTABLISHING THE PHILIPPINE ENTREPRENEURS ACADEMY AND APPROPRIATING
FUNDS THEREFOR

Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled:

SECTION 1. Short Title. – This Act shall be known as the “Philippine Entrepreneurs Academy Act.”
1
2 SEC. 2. Establishment. – There is hereby established a learning institution, under the supervision of the
3 Commission on Higher Education (CHED), to be known as the “Philippine Entrepreneurs Academy”,
4 hereinafter referred to as the Academy.
5
6 SEC. 3. General Mandate. – The Academy shall provide undergraduate and graduate degree programs,
7 short-term technical-vocational nondegree courses and modular trainings that will enhance the core
8 competencies of individuals on entrepreneurship. It shall cater to technical-vocational, college and
9 graduate students. It shall promote the relevance of entrepreneurship to job generation and its significant
10 role to the sustainable economic growth of the country.
11
12 The Academy shall formalize and integrate, under a school system, the nonformal entrepreneurship
13 programs and short-term technical-vocational courses of the Technical Education and Skills Development
14 Authority (TESDA), Department of Trade and Industry (DTI), Department of Science and Technology
15 (DOST), and other government agencies. It shall administer education and consultancy, and supervise
16 publication on entrepreneurship. It shall also conduct scientific and policy-oriented research and training.
17
18 The Academy shall comply with the requirements and standards of the CHED and the provisions of
19 Republic Act No. 8292, otherwise known as the “Higher Education Modernization Act of 1997”, and
20 other pertinent laws on higher education.
21
22 SEC. 4. Curricular Offerings. – The Academy shall offer undergraduate and graduate degree programs
23 and short-term diploma or certificate courses on entrepreneurship, including entrepreneurship
24 development in the fields of agriculture, trade, technology, and the manufacturing sector. The curriculum
25 and modules of the programs shall be designed and developed following the competency-based curriculum
26 model and in accordance with the mandate of this Act.
27
28 SEC. 5. School Sites. - The Academy shall have two (2) campuses, with the main campus to be established
29 in the Clark Freeport and Special Economic Zone located in the Provinces of Pampanga and Tarlac, to be
30 known as the “Philippine Entrepreneurs Academy Main Campus-Clark”. The other campus shall be
31 located in the City of Baguio, to be known as the “Philippine Entrepreneurs Academy-Baguio City
32 Campus”.
33

2
 1 SEC. 6. Governing Board. - The governing board of the Academy shall be the Board of Trustees,
2 hereinafter referred to as the Board, which shall be chaired and co-chaired by the Chairperson of the
3 CHED, and the President of the Academy, respectively, with the following as members:
4
5 a) Chairperson of the Committee on Higher, Technical and Vocational Education of the Senate;
6 b) Chairperson of the Committee on Higher and Technical Education of the House of Representatives;
7 c) Director General of the TESDA;
8 d) Director General of the National Economic and Development Authority (NEDA);
9 e) Secretary of the DOST;
10 f) Secretary of the DTI;
11 g) President of the federation of faculty associations of the Academy;
12 h) President of the federation of student councils of the Academy;
13 i) President of the federation of alumni associations of the Academy; and
14 j) two (2) prominent citizens from the private sector who have distinguished themselves in their
15 professions or fields of specialization.
16
17 The members of the Board shall not receive any compensation or remuneration for their services as
18 such, but may be reimbursed for actual and necessary expenses incurred in discharging the business of the
19 Academy.
20
21 SEC. 7. Powers and Duties of the Board. - The Board shall be the highest policymaking body of the
22 Academy. In addition to its general powers of administration and the exercise of all the powers granted to
23 the Board of a corporation under existing laws, the Board shall have the following specific powers and
24 duties:
25
26 a) Promulgate and implement policies in accordance with the declared State policies and pertinent
27 provisions of the Philippine Constitution on education, as well as policies, standards and thrusts of the
28 CHED under Republic Act No. 7722, otherwise known as the “Higher Education Act of 1994”;
29
30 b) Adopt rules and regulations not contrary to law, as may be necessary to carry out the purposes and
31 functions of the Academy, and to effectively discharge its responsibilities;
32
33 c) Receive assistance from any legitimate source to augment the internal sources of funds, as may be
34 provided, for the support of the Academy in the manner it may determine, in its discretion, to carry out
35 the purposes and functions of the Academy;
36
37 d) Constitute the Board, as herein defined;
38
39 e) Appoint the President, and as many Vice-Presidents as may be necessary to assist the President in the
40 administration of the affairs of the Academy;
41
42 f) Review periodically the administrative procedures and programs of the Academy;
43
44 g) Receive, in kind and in trust, legacies, gifts and donations of real and personal properties of all kinds,
45 and to administer and dispose the same when necessary for the benefit of the Academy, subject to
46 limitations, discretions and instructions of the donors, if any;
3
 1
2 h) Fix the tuition fees and other school charges such as matriculation fees, graduation fees, laboratory
3 fees, and other miscellaneous fees as the Board may deem proper to impose after due consultations with
4 the involved sectors: Provided, That these fees shall not be prohibitive or unreasonable as to deviate from
5 the purpose for which the Academy was created based on the guidelines of the CHED;
6
7 Such fees and charges, including government subsidies and other incomes generated by the Academy,
8 shall constitute its regular fund and shall be deposited in any authorized government depository bank, and
9 all interests that shall accrue therefrom shall form part of the same fund for the use of the Academy.
10
11 Any provision of existing law, rule and regulation to the contrary notwithstanding, any income generated
12 by the Academy from tuition fees and other charges, as well as from the operation of auxiliary services
13 and land grants, shall be retained by the Academy, and may be disbursed by the Board for instruction,
14 research, extension services, or other programs and projects of the Academy: Provided, That all fiduciary
15 fees shall be disbursed for the specific purposes for which they were collected.
16
17 If for reason beyond its control, the Academy shall not be able to pursue any project for which funds have
18 been appropriated and allocated under its approved program of expenditures, the Board may authorize the
19 use of said funds for any reasonable purpose which, in its discretion, may be necessary and urgent for the
20 attainment of the objectives and goals of the Academy;
21
22 i) Adopt and implement a socialized tuition scheme for greater access of poor, but deserving students
23 in accordance with Republic Act No.10931 or the “Universal Access to Quality Tertiary Education Act”;
24
25 j) Authorize the construction or repair of its buildings, machineries, equipment, and other facilities,
26 as well as the purchase and acquisition of real and personal properties, including the necessary supplies,
27 materials, and equipment;
28
29 k) Appoint, upon the recommendation of the President of the Academy, the deans, executive directors,
30 heads of departments, faculty members, and other officials and employees;
31
32 l) Prescribe the salaries of faculty members and administrative officials and employees, subject to the
33 provisions of Republic Act No. 11466, otherwise known as the “Salary Standardization Law of 2019”,
34 and by such other laws amendatory thereto, which may hereinafter be enacted, and civil service rules and
35 regulations governing hours of service and related concerns, and other pertinent laws;
36
37 m) Formulate and implement the curricula and institutional programs of the Academy: Provided, That
38 they comply with the minimum CHED requirements and guidelines;
39
40 n) Formulate and promulgate the rules of discipline for the students of the Academy to ensure orderly
41 and effective governance thereof;
42
43 o) Set policies on admission and graduation of students: Provided, That they conform with CHED
44 guidelines;
45

4
 1 p) Award honorary degrees upon persons in recognition of outstanding contribution in the field of
2 education, public service, arts, science and technology, or any field of specialization within the academic
3 competence of the Academy and to authorize the issuance of certificates of completion of non-
4 baccalaureate programs and nontraditional or innovative courses: Provided, That these conform with the
5 applicable guidelines of the CHED and TESDA;
6
7 q) Establish research and extension centers of the Academy where such will promote the development
8 of the latter;
9
10 r) Establish professorial chairs in the Academy and provide fellowships for qualified faculty
11 members and scholarships to deserving students;
12
13 s) Enter into any agreements or joint ventures with business and industry for the profitable management
14 of the economic and manpower assets of the Academy, the proceeds from which shall be used for the
15 upgrading of facilities and its development;
16
17 t) Authorize an external management audit of the Academy, to be financed by the CHED, subject to the
18 rules and regulations of the Commission on Audit, and institute reforms, including academic and structural
19 changes, on the basis of the audit results and recommendations;
20
21 u) Import economic, technical, and cultural books and publications;
22
23 v) Develop consortia, academe-industry linkages and other forms of networks with other institutions
24 and agencies, both public and private, local and foreign: Provided, That these comply with the applicable
25 guidelines of the CHED in furtherance of the purposes and objectives of the institution as well as develop
26 academic arrangements for institution capacity and capability building with appropriate institutions and
27 agencies, public and private;
28
29 w) Appoint experts and specialists as consultants, or visiting or exchange professors, scholars,
30 researchers, as the case may be: Provided, That the appointment shall conform with CHED guidelines;
31
32 x) Set up the adoption of modern and innovative modes of transmitting knowledge, such as the use of
33 information technology, the dual training system, open distance learning, and community laboratory for
34 the promotion of greater access to education;
35
36 y) Outsource, where most advantageous to the institution, the management of non-academic services
37 such as health, food, building or grounds or property maintenance and similar objectives;
38
39 z) Delegate any of its powers and duties to the President or the other officials of the Academy, as it
40 may deem appropriate, so as to expedite the administration of the affairs of the Academy;
41
42 aa) Extend the term of the President of the Academy beyond the age of retirement, when deemed
43 meritorious due to outstanding performance, but not beyond the age of seventy (70) years old; and
44
45 bb) Promulgate rules and regulations, as may be necessary, to carry out the purposes and functions of
46 the Academy.
5
 1
2 SEC. 8. President of the Academy. - The Academy shall be headed by a President, who shall render full-
3 time service and shall be appointed by the Board upon the recommendation of a duly constituted Search
4 Committee. The President shall also be the chief executive officer of the Academy.
5
6 The President shall have a term of four (4) years and shall be eligible for reappointment to another term.
7 Within six (6) months before the expiration of the term of office of the incumbent President of the
8 Academy, the Board shall constitute the Search Committee for the Presidency.
9
10 The President shall receive such compensation and remuneration in accordance with Republic Act No.
11 11466 or the “Salary Standardization Law of 2019”, and by such other laws amendatory thereto, which
12 may hereinafter be enacted, and shall be comparable to that being received by the Presidents of similar
13 educational institutions.
14
15 The President shall exercise the following powers and duties:
16
17 a) Submit, for the consideration of the Board and the Executive Committee, the policies and measures
18 which are necessary to carry out the purposes of the Academy;
19
20 b) Recommend, coordinate, and administer the programs and projects of the Academy;
21
22 c) Direct and supervise the operations and internal administration of the Academy, and delegate
23 administrative responsibilities in accordance with the rules and regulations of the Academy;
24
25 d) Submit an annual report to the Board setting forth the accomplishments of the Academy during
26 the year, its financial operations and status, and a program and budget for the ensuing year; and
27
28 e) Exercise other powers and discharge other functions, as may be vested by the Board and the
29 Executive Committee.
30
31 The Board shall designate an Officer-In-Charge (OIC) of the Academy in case of vacancy in the Office
32 of the President by reason of death, compulsory retirement, resignation, removal for cause or incapacity
33 of the President to perform the functions of the office, pending the appointment of a new President:
34 Provided, That the OIC shall serve only during the unexpired portion of the term.
35
36 The powers and duties of the President of the Academy, in addition to those provided in this Act, shall be
37 those usually pertaining to the Office of the President of similar educational institutions, and those
38 delegated by the Board.
39
40 SEC. 9. Executive Committee. - There shall be an Executive Committee consisting of the President of the
41 Academy and four (4) other members to be elected by the Board from its members. Each Members of the
42 Executive Committee, other than the President of the Academy, shall hold office for a term of two (2)
6
 1 years, and shall be eligible for re-election, unless at the time of election, a shorter term is specified. The
2 Board shall elect the Chairperson of the Executive Committee from the membership of the Board.
3
4 SEC. 10. Functions of the Executive Committee. - The Executive Committee shall administer the affairs
5 of the Academy in accordance with such functions, powers and responsibilities as may be delegated by
6 the Board.
7
8 SEC. 11. Government Support and Coordination. – The CHED Chairperson is hereby authorized to call
9 upon any department, bureau, agency or instrumentality of the government for such assistance as may be
10 necessary for the effective implementation of this Act.
11
12 SEC. 12. Tax Exemption. – The importation of economic, technical and cultural books and publications,
13 which are for the economic, technical, vocational, scientific, philosophical, historical or cultural purposes
14 of the Academy, upon certification by the CHED, shall be exempt from customs duties in accordance with
15 the provisions of Republic Act No. 10863, otherwise known as the “Customs Modernization and Tariff
16 Act”.
17
18 All grants, bequests, endowments, donations and contributions made to the Academy, to be used actually,
19 directly and exclusively by it, shall be exempt from donor’s tax and the same shall be considered as
20 allowable deduction from the gross income in the computation of the income tax of the donor, in
21 accordance with the provisions of the National Internal Revenue Code of 1997, as amended.
22
23 SEC. 13. Appropriations. – The amount necessary to carry out the provisions of this Act shall be included
24 in the annual General Appropriations Act.
25
26 SEC. 14. Implementing Rules and Regulations. – Within ninety (90) days from the effectivity of this Act,
27 the CHED shall, in coordination with the TESDA and the DTI, formulate the necessary rules and
28 regulations to fully implement the provisions of this Act.
29
30 SEC. 15. Separability Clause. – If, for any reason, any part or provision of this Act is declared invalid or
31 unconstitutional, the remaining parts or provisions not affected shall remain in full force and effect.
32
33 SEC. 16. Repealing Clause. – All laws, presidential decrees, executive orders, proclamations or
34 administrative regulations that are inconsistent with the provisions of this Act are repealed, amended, or
35 modified accordingly.
36
37 SEC. 17. Effectivity. – This Act shall take effect fifteen (15) days after its publication in the Official
38 Gazette or in a newspaper of general circulation.
39
40 Approved,

7
 FACT SHEET

House Bill No. 6473

(In substitution of House Bill No. 976)

AN ACT
ESTABLISHING THE PHILIPPINE ENTREPRENEURS ACADEMY
AND APPROPRIATING FUNDS THEREFOR
Introduced by: REPS. MARK O. GO, RUTH MARIANO-HERNANDEZ, GREG G.
GASATAYA, JUDE A. ACIDRE, JEFFERSON F. KHONGHUN, RUDY S.
CAOAGDAN, DPA, CARL NICOLAS C. CARI, PAUL RUIZ DAZA, EULOGIO R.
RODRIGUEZ, MIKAELA ANGELA B. SUANSING, MA. VICTORIA C. CO-PILAR,
ZIA ALONTO ADIONG, ALFELITO “ALFEL” M. BASCUG, RAOUL DANNIEL A.
MANUEL, MARISSA “DEL MAR” P. MAGSINO, RHEA MAE A. GULLAS, MA.
LUCILLE L. NAVA, M.D., SAMUEL S. VERZOSA, JR., JOSE GAY G.
PADIERNOS, MARIA CARMEN S. ZAMORA, ERIC R. BUHAIN, OLY, RON P.
SALO, STELLA LUZ A. QUIMBO, ALAN “ALDU” R. DUJALI, ANTONIETA R.
EUDELA, FRANCISCO PAOLO P. ORTEGA V, JOSELITO “JOEL” S.
SACDALAN, JC ABALOS, MARLYN L. PRIMICIAS-AGABAS, EDSEL A.
GALEOS, KRISTINE ALEXIE B. TUTOR, CHARISSE ANNE C. HERNANDEZ,
MERCEDES K. ALVAREZ, JOSE “JOBOY” S. AQUINO II, LANI MERCADO-
REVILLA, CHRISTOPHERSON “COCO” M. YAP, ELIZALDY S. CO, KRISTINE
SINGSON-MEEHAN, ANTONIO “TONYPET” T. ALBANO, WILTER Y. PALMA,
DAVID “JAY-JAY” C. SUAREZ, BIENVENIDO M. ABANTE, JR., JOSE C.
ALVAREZ, MARIA RACHEL J. ARENAS, CLAUDINE DIANA D. BAUTISTA-LIM,
RAUL ANGELO “JIL” D. BONGALON, FERNANDO T. CABREDO, MARY MITZI
L. CAJAYON-UY, ARTHUR F. CELESTE, LUISA LLOREN CUARESMA,
GERARDO “GERRYBOY” J. ESPINA, JR., ED CHRISTOPHER S. GO, RUWEL
PETER GONZAGA, TEODORICO T. HARESCO, JR., ROY M. LOYOLA,
FRANCISCO JOSE “BINGO” F. MATUGAS II, CPA, CESO, LLB, ROMEO S.
MOMO, SR., TOBIAS “TOBY” M. TIANGCO, ALFONSO V. UMALI, JR., JOSEPH
GILBERT F. VIOLAGO, DIVINA GRACE C. YU, JOSE MA. R. ZUBIRI, JR.,
ADRIAN JAY C. ADVINCULA, CHEENO MIGUEL D. ALMARIO, LORETO S.
AMANTE, JAMES “JOJO” A. ANG, JR., DEAN ASISTIO, MARIA VANESSA C.
AUMENTADO, BONIFACIO L. BOSITA, JORGE “PATROL” BUSTOS, EDGAR
M. CHATTO, JAIME D. COJUANGCO, AMBROSIO C. CRUZ, JR., RICARDO S.
CRUZ, JR., SERGIO C. DAGOOC, SITTIE AMINAH Q. DIMAPORO, ERNESTO M.
DIONISIO, JR., WOWO FORTES, JAIME R. FRESNEDI, DANTE S. GARCIA,
MARIA ANGELA S. GARCIA, EDWIN L. GARDIOLA, ANTHONY ROLANDO T.
GOLEZ, JR., RAMON RODRIGO L. GUTIERREZ, DAPHNE A. LAGON, SONNY
“SL” L. LAGON, CARMELO “JON” B. LAZATIN II, WILBERT T. LEE, ANTONIO
B. LEGARDA, JR., GERVILLE R. LUISTRO, EDWARD VERA PEREZ MACEDA,
ALLEN JESSE C. MANGAOANG, DORIS E. MANIQUIZ, BAI DIMPLE I.
MASTURA, MA. RENE ANN LOURDES G. MATIBAG, MARGARITA IGNACIA B.
NOGRALES, EMMARIE “LOLYPOP” OUANO-DIZON, JOSEPH STEPHEN
“CARAPS” S. PADUANO, ARNAN C. PANALIGAN, AUGUSTINA DOMINIQUE
“DITSE TINA” C. PANCHO, SALVADOR A. PLEYTO, RAMON JOLO B. REVILLA
III, PRINCESS RIHAN M. SAKALURAN, DIMSZAR M. SALI, MA. ALANA
SAMANTHA T. SANTOS, JOSEPH S. TAN, CAROLINE L. TANCHAY, JOCELYN
P. TULFO, PATRICK MICHAEL D. VARGAS, ROSANNA “RIA” V. VERGARA,
WILFRIDO MARK M. ENVERGA, MARIE BERNADETTE G. ESCUDERO, MARIO
VITTORIO “MARVEY” A. MARIŇO, CARLITO S. MARQUEZ, PETER B. MIGUEL,
ROMAN T. ROMULO, LAARNI LAVIN ROQUE, IRENE GAY F. SAULOG,
CHRISTIAN TELL A. YAP, LUIS RAYMUND “LRAY” F. VILLAFUERTE, JR.,
RONALD V. SINGSON, JOEY SARTE SALCEDA, ALLAN U. TY, NICANOR M.
BRIONES, SOLOMON R. CHUNGALAO, RAY FLORENCE T. REYES, JANICE Z.
SALIMBANGON, RODOLFO “OMPONG” M. ORDANES, JOHN TRACY F.
CAGAS, CIRIACO B. GATO, JR., LORENZ R. DEFENSOR, CHING B. BERNOS,
PETER JOHN D. CALDERON, FLORIDA “RIDA” P. ROBES, MICHAEL B.
GORRICETA, JANETTE L. GARIN, FLORENCIO GABRIEL “BEM” G. NOEL,
MIDY N. CUA, FRANZ S. PUMAREN, STEPHEN JAMES T. TAN, ALFRED C.
DELOS SANTOS, FRANCE L. CASTRO, MUJIV S. HATAMAN, ARLENE D.
BROSAS, ADRIAN MICHAEL A. AMATONG, RICARDO T. KHO, ARNIE B.
FUENTEBELLA, AND RUFUS B. RODRIGUEZ

Committee Referral: COMMITTEE ON HIGHER AND TECHNICAL EDUCATION

(Primary)
Committee Chairperson: REP. MARK O. GO
Committee Referral: COMMITTEE ON APPROPRIATIONS (Secondary)
Committee Chairperson: REP. ELIZALDY S. CO
Committee Referral: COMMITTEE ON WAYS AND MEANS (Secondary)
Committee Chairperson: REP. JOEY SARTE SALCEDA

OBJECTIVES:

● To establish the Philippine Entrepreneurs Academy under the supervision of

the Commission on Higher Education (CHED)
● To provide, through the Academy, undergraduate and graduate degree
programs, short-term technical-vocational non-degree courses and modular
trainings that will enhance the core competencies of individuals on entrepreneurship
● To promote the relevance of entrepreneurship to job generation and its
significant role to the country’s sustainable economic growth
● To formalize and integrate under a school system, through the Academy, the
nonformal entrepreneurship programs and short-term technical-vocational courses
of the Technical Education and Skills Development Authority (TESDA), Department
of Trade and Industry, Department of Science and Technology and other
government agencies

KEY PROVISIONS:

● Mandates the Philippine Entrepreneurs Academy to conduct scientific and

policy-oriented research, education, training, consultancy, and publication on
entrepreneurship
● Mandates the Academy to offer undergraduate and graduate degree
programs and short-term diploma or certificate courses on entrepreneurship,
including entrepreneurship development in the fields of agriculture, trade,
technology, and the manufacturing sector
● Mandates that the curriculum and modules of the programs to be offered by
the Academy shall be designed and developed following the competency-based
curriculum model and in accordance with the mandate of this Act
● Establishes two campuses of the Academy: one (1) in the Clark Freeport and
Special Economic Zone, located in the Provinces of Pampanga and Tarlac, which
shall be the main campus, and another in the City of Baguio
● Mandates that the Academy shall be headed by a President, who shall render
full-time service and shall be appointed by the Board, upon the recommendation of
a duly constituted Search Committee, and that the President shall also act as the
Academy’s chief executive officer
● Creates a Board of Trustees, as the governing board of the Academy, which
shall be chaired and co-chaired by the Chairperson of the CHED, and the President
of the Academy, respectively
● Establishes an Executive Committee consisting of the President of the
Academy and four (4) other members to be elected by the Board of Trustees from
among its members
● Provides that students enrolled in technical-vocational non-degree courses
and undergraduate degree programs in the Academy shall be covered by Republic
Act No. 10931 or the “Universal Access to Quality Tertiary Education Act”

RELATED LAWS

● Republic Act No. 7722 (Higher Education Act of 1994)

● Republic Act No. 7796 (TESDA Act of 1994)
● Republic Act No. 8292 (Higher Education Modernization Act of 1997)
● Republic Act No. 10687 (Unified Student Financial Assistance System for
Tertiary Education Act or the UniFAST Act)
● Republic Act No. 10931 (Universal Access to Quality Tertiary Education Act)