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.