SB 2959

Senate·15th Congress·Filed Sep 8, 2011

Petroleum Windfall Profits Tax Act of 2011

An Act Declaring the Petroleum Industry to Be Affected with Public Interest, Setting the Allowable Level of Profit for Petroleum Companies, Imposing a Windfall Profits Tax on Petroleum Companies and for Other Related Purposes

Author · Senator

Sonny Trillanes
SenatorAntonio "Sonny" Trillanes IV
Receipts →

Subjects

Petroleum Products

Official sources

Similar in what they’d do, filed by any lawmaker.

HB 9406· Filed May 25, 2026
An Act Imposing Windfall Profits Tax on Petroleum Companies and Aggregate Retailers During National Energy Emergency and for Other Purposes
Pending with the Committee on WAYS AND MEANS since 2026-06-01Rep. Lordan G. Suan
HB 8244· Filed Mar 3, 2026
An Act Providing for an Emergency Oil Price Stabilization Mechanism During Global Energy Supply Shocks, Establishing Automatic Price-Triggered Suspension of Excise Taxes on Petroleum Products, Providing Safeguards Against Windfall Profits, Creating a Strategic Petroleum Reserve Program, and Amending for This Purpose Section 148 of the National Internal Revenue Code of 1997, as Amended
Substituted by HB08418Rep. Jesus "Bong" C. Suntay
HB 8285· Filed Mar 4, 2026
An Act Amending Section 148 of the National Internal Revenue Code of 1997, as Amended, Authorizing the President to Suspend or Reduce the Excise Tax on Petroleum Products, and to Certify Windfall Fuel Excise Revenues for the Augmentation of Appropriations for Sectoral Relief
Substituted by HB08418Rep. Adrian E. Salceda
SB 1086· Filed Aug 7, 2025
Oil Exploration and Development Act of 1972 (Amending P.D. No. 87)
Pending in the committeeSen. Win T. Gatchalian
SB 1354· Filed Sep 8, 2025
Rationalizing the Withholding Tax Rate on Refined Petroleum Products
Pending in the committeeSen. Bam Aquino

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SBN-02959 · Sources: BetterGov Open Congress