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Transport operators

Measures (3)
SBN-2026bill · in_committee

EMERGENCY OIL PRICE STABILIZATION ACT

The Emergency Oil Price Stabilization Act aims to create a fund to stabilize oil prices in the Philippines, repealing the existing deregulation law to provide financial support during price spikes.

Filed Apr 7, 2026
HBN-8418bill · enacted

AUTHORIZING THE SUSPENSION OR REDUCTION OF EXCISE TAXES ON PETROLEUM PRODUCTS

This bill authorizes the President to suspend or reduce excise taxes on petroleum products during national or global economic emergencies, amending the National Internal Revenue Code of 1997.

Filed Mar 16, 2026
SBN-1927bill · in_committee

AUTOMATIC SUSPENSION OR REDUCTION OF EXCISE TAX ON FUELS

This bill allows the President to automatically suspend or reduce excise taxes on fuels when global oil prices exceed USD 80 per barrel, aiming to provide timely relief to consumers during price surges.

Filed Mar 4, 2026