HB 10465

An Act Prohibiting the Direct or Indirect Recovery of Distribution System Loss Charges from Electricity Consumers, Reducing and Eventually Phasing Out the Cap of Recoverable System Losses of Rural Electric Cooperatives, Exempting System Losses from the Value-Added Tax, Amending for the Purpose Republic Act No. 7832, as Amended, Republic Act No. 9136, Otherwise Known as the "Electric Power Industry Reform Act of 2001,” Section 109 of the National Internal Revenue Code of 1997, as Amended, and for Other Purposes