An Act Providing for the Exemption of Refined Petroleum Importers from the Bond Requirement Under Section 160 of the National Internal Revenue Code of 1997, as Amended
The proposal would remove the requirement for refined petroleum importers to post a bond, as long as they have no unpaid customs duties or excise taxes from previous years.
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/SBN-1355. Status changes over time; check the link for the latest.
SBN-1355 · Sources: BatasWatch
Similar in what they’d do, filed by any lawmaker.