HB 3292
House·20th Congress·Filed Aug 6, 2025
An Act Establishing a Special Economic Zone in the Municipality of San Rafael, Province of Bulacan, Creating for the Purpose the San Rafael Special Economic Zone Authority, Appropriating Funds Therefor and for Other Purposes
In plain language
The bill creates the San Rafael Special Economic Zone in Bulacan and a new authority (SaRaSEZA) to run it for 50 years. It aims to attract foreign investors, allow them to own businesses, and give the zone its own customs rules and tax breaks. The authority will be funded mainly by the national and local governments, with up to 40 % of its shares sold to the public.
Government AdministrationTaxationForeign Affairs
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HB03292 · Sources: BetterGov Open Congress, BatasWatch