HB 8341

House·20th Congress·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

In plain language

The proposal lets the President temporarily stop or lower fuel taxes if Dubai crude oil averages $80 a barrel, with the suspension ending automatically when prices fall or after one year.

TaxationEnergy

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

Author · Representative

Kristine Singson-MeehanReceipts →

Official sources

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

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
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 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 1940· Filed Mar 9, 2026
Suspension or Reduction of Excise Taxes on Petroleum Products
Consolidated/substituted in the committee reportSen. Francis "Kiko" N. Pangilinan
SB 2043· Filed Apr 15, 2026
Temporarily Suspending or Reducing the Imposition of Value-Added Tax (VAT) on Petroleum Products
Pending in the committeeSen. Loren B. Legarda

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HB08341 · Sources: BatasWatch

An Act Amending Section 148 of the National Internal Revenue Code (Nirc), as Amended, Allowing the Automatic Suspension of Excise Tax of Fuels

In plain language

Author · Representative

Official sources

Related bills · 20th Congress

Related bills · 20th Congress