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Solons eye amendments on Oil Industry Deregulation Law - Vimarsana News

Solons eye amendments on Oil Industry Deregulation Law

There are four pending bills in the House of Representatives that seek to amend Republic Act No. 8479 or the “Downstream Oil Industry Deregulation Act of 1998". The said House measures that seek amendments to certain provisions of RA 8479 are House Bill 8764, HB 5172, HB 4550 and HB 7928. The sai

Source: mb.com.ph
More House solons call for termination of EO reducing pork import tariffs - Vimarsana News

More House solons call for termination of EO reducing pork import tariffs

More House solons call for termination of EO reducing pork import tariffs Published April 19, 2021 11:30am Twenty-two lawmakers from the House of Representative expressed support over the joint resolution seeking for the termination of President Rodrigo Duterte's Executive Order No. 128, which reduces the tariff rate for pork imports. Representatives Michael Gorriceta, Ria Christina Fariñas, Leo Rafael Cueva, Onyx Crisologo, Evelina Escudero, Pablo Ortega, Godofredo Guya, Sergio Dagooc, Presley De Jesus, Adriano Ebcas, Len Alonte, Joseph Bernos, Luis Ferrer, Estrellita Suansing, Horaci...

House gives poor electric consumers 10-year extension of lifeline rates - Vimarsana News

House gives poor electric consumers 10-year extension of lifeline rates

With 208 affirmative and zero negative votes, House Bill 8145 was approved on third and final reading. Endorsed by the House Committee on Energy for immediate plenary approval, HB 8145 will amend Section 73 of Republic Act No. 9136 or the Electric Power Industry Reform Act. Section 73  provides for social pricing mechanism called the lifeline rate for the benefit of marginalized electricity end users for ten years since RA 9136 was enacted in 2001. Pampanga Rep. Juan Miguel Arroyo, chairman of the energy panel, said the most recent amendment to RA 9136 puts an end to the lifeline rate this y...

Source: mb.com.ph
Bill seeking tax exemption for real property taxes on machineries owned by non-profit distributiion utilities pushed - Vimarsana News

Bill seeking tax exemption for real property taxes on machineries owned by non-profit distributiion utilities pushed

Published January 9, 2021, 11:21 AM The  “power bloc” of the House of Representatives has sought the passage of a bill seeking to grant tax exemption on real property taxes imposed on machineries owned or controlled by non-stock non-profit distribution utilities. PHILRECA partylist Rep. Presley de Jesus, APEC partylist Rep. Sergio Dagooc, Ako Padayon partylist Rep. Adriano Ebcas, and RECOBODA partylist Rep. Godofredo Guya lamented that the real property tax (RPT) imposes a financial burden to electric consumers as part of the electric bills’ pass-on charges. “The business of an elect...

Source: mb.com.ph
House bill seeks to extend lifeline rate for low-income electricity consumers - Vimarsana News

House bill seeks to extend lifeline rate for low-income electricity consumers

(MANILA BULLETIN FILE) House Bill 8145, a consolidation of four bills, was approved on second reading on the last day of regular session for 2020 on Wednesday. The bill consolidated four legislative measures filed by Reps. Godofredo Guya (RECOBODA Partylist); Presley de Jesus (Philreca); Adriano Ebcas (Ako Padayon Pilipino) and Sergio Dagooc (APEC Partylist, among other authors. Pampanga Rep. Juan Miguel Arroyo, chairman of the House Committee on Energy, said HB 8145 seeks to amend Section 73 Republic Act NO. 9136 or the Electric Power Industry Reform Act  of 2001 (EPIRA). Section 73 of the ...

Source: mb.com.ph