government budget
TRAVEL TAX ABOLITION ACT OF 2026
The Travel Tax Abolition Act of 2026 aims to abolish the travel tax imposed under existing laws and provide for the refund of any previously paid travel tax. It also mandates the National Government to ensure funding for certain agencies affected by the abolition of the tax.
ARMED FORCES OF THE PHILIPPINES (AFP) PENSION SYSTEM ACT
The Armed Forces of the Philippines (AFP) Pension System Act aims to create a sustainable pension framework for AFP members, ensuring adequate retirement benefits funded through various sources, including contributions from new entrants and proceeds from military property sales.
NEW SEPARATION, RETIREMENT, AND PENSION SYSTEM FOR THE MILITARY AND THE UNIFORMED PERSONNEL
This bill establishes a new separation, retirement, and pension system for military and uniformed personnel, aiming to create a sustainable funding framework to address the financial challenges of the current pension system.