HB 8257

House·20th Congress·Filed Mar 3, 2026

An Act Granting the President of the Philippines Power to Suspend or Reduce the Excise Tax on Petroleum Products During National or Global Economic Emergencies, Amending for the Purpose Section 148 of the National Internal Revenue Code of 1997, as Amended

In plain language

The bill lets the President, after the Finance Secretary recommends it, temporarily stop or lower fuel excise taxes when oil prices are high or a national emergency causes sharp fuel price hikes, but only for up to six months at a time and no more than one year total, with mandatory reports to Congress.

TaxationEnergyGovernment Administration

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

Author · Representative

Atty. Miro S. QuimboReceipts →

Official sources

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

HB 8359· Filed Mar 9, 2026
An Act Granting the President Limited Authority to Temporarily Suspend or Reduce Excise Taxes on Petroleum Products During National or Global Emergencies, Amending for the Purpose Section 148 of the National Internal Revenue Code of 1997, as Amended by Republic Act No. 10963 (Train Law)
Pending with the Committee on WAYS AND MEANS since 2026-03-11Rep. Julienne "Jam" L. Baronda
HB 8261· Filed Mar 3, 2026
An Act Providing for the Temporary Suspension or Reduction 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
Substituted by HB08418Rep. Eduardo "Bro. Eddie" C. Villanueva
HB 8560· Filed Mar 16, 2026
An Act Authorizing the President, Under Clear and Limited Conditions, to Temporarily Reduce or Suspend the Imposition of Excise Taxes on Certain Petroleum Products During Extraordinary Global Oil Prices Shocks, Providing Safeguards and Congressional Oversight, and for Other Purposes
Pending with the Committee on WAYS AND MEANS since 2026-03-18Rep. Christopherson "Coco" M. Yap
SB 1982· Filed Mar 16, 2026
Automatic Suspension or Reduction of Excise Tax on Petroleum Products
Approved by the president of the philippinesSen. Jv Ejercito
HB 8341· Filed Mar 9, 2026
An Act Amending Section 148 of the National Internal Revenue Code (Nirc), as Amended, Allowing the Automatic Suspension of Excise Tax of Fuels
Pending with the Committee on WAYS AND MEANS since 2026-03-11Rep. Kristine Singson-Meehan

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HB08257 · Sources: BatasWatch