The bill lets the President temporarily cut or pause the fuel excise tax when global oil prices stay above $80 a barrel for two months, but only after the finance and energy secretaries recommend it, and the suspension ends when prices fall below that level.
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
Printed from CivicSync PH: https://civicsync-ph-gamma.vercel.app/bills/HB08339. Status changes over time; check the link for the latest.
HB08339 · Sources: BatasWatch
Status history
No changes since we started checking daily on Oct 4, 2026.
Status via BatasWatch (independent source)
Similar in what they’d do, filed by any lawmaker.