Economic growth
FILM PHILIPPINES ACT
The Film Philippines Act aims to promote film and television tourism in the Philippines by creating the Film Philippines Office, which will provide incentives and support for local and foreign film productions.
VAT REDUCTION ACT
The VAT Reduction Act proposes to lower the Value-Added Tax (VAT) rate from 12% to 10%, aiming to alleviate the tax burden on consumers and stimulate economic growth.
MINDANAO RAILWAYS DEVELOPMENT ACT
The Mindanao Railways Development Act aims to create the Mindanao Railways Authority (MRA) to oversee the construction, operation, and maintenance of railways in Mindanao, enhancing regional connectivity and public transportation.
TRAVEL TAX ABOLITION ACT OF 2026
Senate Bill No. 1896, known as the Travel Tax Abolition Act of 2026, aims to abolish the travel tax imposed on passengers leaving the Philippines. It seeks to promote tourism and economic growth by removing financial barriers to travel.
NATIONAL MICRO SMAAL, AND MEDIUM ENTERPRISE (MSME) MONTH ACT
This bill declares July of every year as 'Micro, Small, and Medium Enterprise (MSME) Month' in the Philippines and provides for funding to support related activities and programs.
TRAVEL TAX ABOLITION ACT OF 2026
The Travel Tax Abolition Act of 2026 aims to eliminate the travel tax currently imposed on travelers, which is ₱2,700 for first-class and ₱1,620 for economy class tickets. The bill seeks to reduce travel costs, promote tourism, and ensure that funding for related programs comes from the General Appropriations Act instead of directly from travelers.
MASTERPLAN FOR INFRASTRUCTURE AND NATIONAL DEVELOPMENT (MIND) ACT
The Masterplan for Infrastructure and National Development (MIND) Act mandates the creation of a 30-year Comprehensive Infrastructure Development Masterplan and establishes the MIND Council to oversee its implementation and coordination across various sectors.
SHARED SERVICE FACILITIES (SSF) PROJECT FOR MAGNA CARTA FOR MICRO, SMALL AND MEDIUM ENTERPRISES
This bill aims to institutionalize the Shared Service Facilities (SSF) Project for Micro, Small and Medium Enterprises (MSMEs) by amending the Magna Carta for Small Enterprises. It seeks to enhance the support provided by the Department of Trade and Industry (DTI) to MSMEs through access to technology and equipment.
THE NEW DEVELOPMENT BANK OF THE PHILIPPINES (DBP) ACT
The bill aims to provide a new charter for the Development Bank of the Philippines (DBP), increasing its authorized capital stock to ₱300 billion and allowing for an Initial Public Offering (IPO) to enhance its financial capabilities and support economic growth.
MICRO, SMALL AND MEDIUM ENTERPRISES (EXPANDING THE NUMBER OF QUALIFIED BENEFICIARIES)
This bill aims to expand the number of qualified beneficiaries under the Magna Carta for Micro, Small and Medium Enterprises by adjusting the asset thresholds for each category of enterprise. It proposes to redefine the asset limits for micro, small, and medium enterprises to reflect current economic conditions, thereby allowing more businesses to access government support and benefits.
ABOLISHING THE TRAVEL TAX ON FILIPINOS AND SOUTHEAST ASIAN NATIONS (ASEAN) MEMBERS
This bill aims to abolish the travel tax imposed on Filipinos and nationals of ASEAN member states traveling to other ASEAN countries, promoting easier travel and potentially boosting tourism and economic activity.
PHILIPPINE BAMBOO INDUSTRY DEVELOPMENT ACT
The Philippine Bamboo Industry Development Act aims to establish a comprehensive program for the bamboo industry, including the creation of a Bamboo Industry Research and Development Center and the Philippine Bamboo Industry Development Council to enhance bamboo production and commercialization.
ABOLISHING THE TRAVEL TAX FOR FILIPINOS AND ON ASEAN TRAVEL
This bill aims to abolish the travel tax for Filipinos and nationals of ASEAN member states traveling to other ASEAN countries, making travel more affordable and supporting regional tourism and economic growth.
ONE TOWN, ONE TOURIST ATTRACTION PROGRAM (OTAP) ACT
The One Town, One Tourist Attraction Program (OTAP) Act aims to promote local tourism by requiring each city and municipality to develop at least one tourist destination, supported by various government agencies.
AMENDING THE NIRC (EXEMPTING ELECTRICITY SALES FROM VAT)
This bill aims to exempt electricity sales from the twelve percent (12%) value-added tax (VAT) to reduce electricity costs for consumers and stimulate economic activity.
MASTERPLAN FOR INFRASTRUCTURE AND NATIONAL DEVELOPMENT (MIND) ACT
The Masterplan for Infrastructure and National Development (MIND) Act mandates the creation of a 30-year Comprehensive Infrastructure Development Masterplan (CIDMP) and establishes the MIND Council to oversee its implementation and updates.