HB 9274

House·20th Congress·Filed May 18, 2026

An Act Imposing an “ultra-Wealth Tax” on Individuals with Net Assets Exceeding One Billion Pesos, Amending for the Purpose Certain Provisions of the National Internal Revenue Code of 1997 or Republic Act No. 8424, as Amended

In plain language

The proposed Ultra‑Wealth Tax Act would tax individuals with net assets over ₱1 billion at rates up to 3 % and earmark all proceeds for health, education, local government support, social protection and housing.

Taxation

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

Author · Representative

Leila M. De LimaReceipts →

Official sources

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

HB 8860· Filed Apr 14, 2026
An Act Establishing a More Progressive and Targeted Tax System by Increasing Income Tax Exemptions and Imposing Solidarity Wealth Tax and Windfall Profits Tax, Amending for the Purpose the National Internal Revenue Code of 1997, as Amended
Pending with the Committee on WAYS AND MEANS since 2026-05-04Rep. Raymond Democrito C. Mendoza
HB 9172· Filed May 11, 2026
An Act Increasing the Income Tax Exemption Ceiling for Individual Taxpayers to Four Hundred Eighty Thousand Pesos (P480,000.00) Annually, Amending for the Purpose Section 24(A)(2)(A) and (B) of the National Internal Revenue Code of 1997, as Amended
Pending with the Committee on WAYS AND MEANS since 2026-05-13Rep. Leila M. De Lima
HB 8795· Filed Mar 25, 2026
An Act Establishing a Universal Financial Account System for All Filipinos, Creating the Universal Financial Account Authority, and Providing Funds and Mechanisms for Implementation
Pending with the Committee on BANKS AND FINANCIAL INTERMEDIARIES since 2026-05-04Rep. Nathaniel M. Oducado
HB 10161· Filed Jul 22, 2026
An Act Lowering the Rates of Tax on Taxable Income of Individuals, Amending Section 24 of Republic Act 8424, Otherwise Known as the National Internal Revenue Code of 1997, as Amended
Pending First ReadingRep. Antonio L. Tinio +2
HB 4408· Filed Sep 8, 2025
An Act Establishing a Universal Basic Income Program to Guarantee a Minimum Level of Economic Security for All Filipinos, Providing Its Funding Sources Including VAT on Digital Services, Rationalizing Regressive and Non-Targeted Ayuda Programs and Entitlements, and for Other Purposes
Pending with the Committee on SOCIAL SERVICES since 2025-09-10Rep. Adrian E. Salceda

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HB09274 · Sources: BatasWatch