SB 1522

Senate·20th Congress·Filed Nov 12, 2025

Automatic Suspension of Excise Taxes on Petroleum Products

An Act Amending Section 148 of the National Internal Revenue Code to Allow for the Automatic Suspension of Excise Taxes on Regular Gasoline, Unleaded Premium Gasoline, and Diesel

In plain language

The bill would let the President temporarily stop or lower fuel excise taxes on gasoline and diesel when world oil prices rise sharply, and restore them when prices fall.

TaxationEnergyPublic Works and Infrastructure

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

Author · Senator

Manuel "Lito" M. LapidReceipts →

Official sources

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

HB 8359· Filed Mar 9, 2026
An Act Granting the President Limited Authority to Temporarily Suspend or Reduce Excise Taxes on Petroleum Products During National or Global Emergencies, Amending for the Purpose Section 148 of the National Internal Revenue Code of 1997, as Amended by Republic Act No. 10963 (Train Law)
Pending with the Committee on WAYS AND MEANS since 2026-03-11Rep. Julienne "Jam" L. Baronda
HB 8560· Filed Mar 16, 2026
An Act Authorizing the President, Under Clear and Limited Conditions, to Temporarily Reduce or Suspend the Imposition of Excise Taxes on Certain Petroleum Products During Extraordinary Global Oil Prices Shocks, Providing Safeguards and Congressional Oversight, and for Other Purposes
Pending with the Committee on WAYS AND MEANS since 2026-03-18Rep. Christopherson "Coco" M. Yap
HB 8348· Filed Mar 9, 2026
An Act Authorizing the President to Temporarily Suspend or Reduce Excise Taxes on Petroleum Products During Extraordinary Global Oil Price Shocks, Providing a Fuel Price Stabilization Mechanism, and for Other Purposes
Pending with the Committee on WAYS AND MEANS since 2026-03-11Rep. Eric L. Olivarez
SB 1982· Filed Mar 16, 2026
Automatic Suspension or Reduction of Excise Tax on Petroleum Products
Approved by the president of the philippinesSen. Jv Ejercito
SB 1923· Filed Mar 3, 2026
Granting the President the Power to Suspend the Excise Tax on Petroleum Products
Consolidated/substituted in the committee reportSen. Bam Aquino

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SBN-1522 · Sources: BatasWatch