HB 4755

House·20th Congress·Filed Sep 23, 2025

An Act Providing for the Automatic Suspension of Excise Taxes on Regular Gasoline, Unleaded Premium Gasoline, and Diesel, Amending for the Purpose Section 148 of the National Internal Revenue Code, as Amended

In plain language

The proposal would stop the excise tax on regular gasoline, premium gasoline, and diesel whenever the average Dubai crude oil price (Platts Singapore) hits USD 80 per barrel, with rules to be set within 30 days and the law taking effect 15 days after publication.

TaxationEnergy

Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.

Author · Representative

Jesus "Bong" C. SuntayReceipts →

Official sources

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

SB 5· Filed Jul 2, 2025
Automatic Suspension of Excise Taxes on Petroleum Products
Consolidated/substituted in the committee reportSen. Jv Ejercito
HB 8372· Filed Mar 9, 2026
An Act Providing for the Automatic Suspension of Excise Taxes on Regular Gasoline, Unleaded Premium Gasoline, and Diesel, Amending for the Purpose Section 148 of the National Internal Revenue Code, as Amended
Pending with the Committee on WAYS AND MEANS since 2026-03-11Rep. Keith Micah "Atty. Mike" D.l. Tan
SB 1938· Filed Mar 9, 2026
Suspension or Reduction of Excise Taxes And/Or Value-Added Tax on Petroleum Products
Consolidated/substituted in the committee reportSen. Francis "Chiz" G. Escudero
SB 1927· Filed Mar 4, 2026
Automatic Suspension or Reduction of Excise Tax on Fuels
Consolidated/substituted in the committee reportSen. Pia S. Cayetano
SB 1935· Filed Mar 5, 2026
Automatic Suspension of Value-Added Tax and Excise Taxes on Fuel
Consolidated/substituted in the committee reportSen. Erwin T. Tulfo

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HB04755 · Sources: BatasWatch