The bill would let the President cut or pause excise and value‑added taxes on gasoline and diesel by up to half whenever world oil prices stay above US$80 a barrel for a month, or if a major supply shock occurs.
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/HB08394. Status changes over time; check the link for the latest.
HB08394 · Sources: BatasWatch
Similar in what they’d do, filed by any lawmaker.