An Act Amending Republic Act No. 9511, Entitled 'an Act Granting the National Grid Corporation of the Philippines a Franchise to Engage in the Business of Conveying or Transmitting Electricity Through High Voltage Back Bone System of Interconnected Transmission Lines, Substations and Related Facilities, and for Other Purposes'
The bill revises NGCP’s franchise to bar it from real‑time grid control, imposes a 3 % franchise tax in place of income tax, and adds annual reporting and oversight by the DOE, ERC and a joint congressional energy commission.
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-368. Status changes over time; check the link for the latest.
SBN-368 · Sources: BetterGov Open Congress, BatasWatch
Similar in what they’d do, filed by any lawmaker.