HB 10941

House·20th Congress·Filed Aug 25, 2026

An Act Establishing a Fixed Value-Added Tax Price Benchmark for Covered Electricity Transaction and Expanding the Value-Added Tax Exemption for Fuels Used in Power Generation, Amending for the Purpose Sections 108 and 109 of the National Internal Revenue Code of 1997, as Amended

In plain language

The proposal keeps the current VAT rate on electricity but caps the amount of sales price that can be taxed, using a government‑set benchmark per kilowatt‑hour, and expands fuel‑tax exemptions for power generation.

TaxationEnergyPublic Works and Infrastructure

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

Authors · 2 Representatives

Official sources

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

SB 266· Filed Jul 8, 2025
Price of Electricity
Pending in the committeeSen. Bam Aquino
SB 61· Filed Jul 3, 2025
Amending the Nirc (Exempting Electricity Sales from VAT)
Pending in the committeeSen. Rodante D. Marcoleta
SB 496· Filed Jul 14, 2025
Exempting Electricity Sales from Value-Added Tax
Pending in the committeeSen. Francis "Chiz" G. Escudero
HB 1633· Filed Jul 9, 2025
An Ac? Exempting Electricity Sales from Value-Added Tax, Further Amending for the Purpose Sections 108 and 109 of the National Internal Revenue Code, as Amended
Pending with the Committee on WAYS AND MEANS since 2025-07-30Rep. Paolo Henry M. Marcoleta
HB 5205· Filed Oct 6, 2025
An Act to Lower the Price of Electricity by Exempting Its Sale by Generation, Transmission and Distribution Companies and Electricity Cooperatives from the Imposition of Value Added Tax, Amending for the Purpose, Sections 108 (A) and 109 (1) of the National Internal Revenue Code, as Amended by Republic Act No. 9337, and for Other Purposes
Pending with the Committee on WAYS AND MEANS since 2025-10-08Rep. Arthur C. Yap

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HB10941 · Sources: BatasWatch