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
The proposal would remove the 12 % value‑added tax on electricity sold by power generators, transmission and distribution firms and electric cooperatives, aiming to lower the price consumers pay.
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
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SBN-266 · Sources: BetterGov Open Congress, BatasWatch
Similar in what they’d do, filed by any lawmaker.