Ninoy Aquino Day
The holiday was created by Republic Act 9256, which was signed into law by President Gloria Macapagal-Arroyo on February 25, 2004, twenty-one years after his death and the eighteen years after the People Power Revolution., and was sponsored by Senate President Franklin Drilon and House Speaker Jose de Venecia. It requires an EDSA People Power Commission (EPPC) to hold activities in observance the day and shall be funded from the Budget of the Office of the President and from private donations.
A commemoration ceremony was held at the People Power Monument which was attended by Presidents Arroyo and Aquino, the Aquino family, and government officials such as members of the cabinet, top police, and military brass.
The holiday was included in President Arroyo's program of "holiday economics", adjusting the observance of the holiday to the nearest Monday in order to boost the tourism industry with long weekends. In 2010, it was moved back to its original date by President Benigno Aquino III.