The bill would automatically cut fuel excise taxes (by up to 75 %) and suspend the 12 % import VAT when world oil prices rise sharply, and restore them when prices fall, with a sunset on 31 December 2030.
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/HB08478. Status changes over time; check the link for the latest.
HB08478 · 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.