Bill Type
Congress Name
Full Title of Bill
AN ACT AUTHORIZING EXEMPTION FROM IMPOSITION OF VALUE-ADDED TAXES (VAT) ON THE ELECTRICAL BILLINGS OF RESIDENTIAL HOUSEHOLDS WITH A TOTAL MONTHLY CONSUMPTION OF 200KWH AND LESS
Text as filed (link)
Date filed
June 30, 2022
Date Read
July 26, 2022
Bill Status
Pending with the Committee on WAYS AND MEANS since 2022-07-26
Committee Details
Primary Committee
Legislative History
| House Bill/Resolution NO. HB00161 | |
| FULL TITLE : AN ACT AUTHORIZING EXEMPTION FROM IMPOSITION OF VALUE-ADDED TAXES (VAT) ON THE ELECTRICAL BILLINGS OF RESIDENTIAL HOUSEHOLDS WITH A TOTAL MONTHLY CONSUMPTION OF 200KWH AND LESS | |
| ABSTRACT : Aims to mitigate the burden to consumers of costly electricity, especially those living below the poverty line, the poor and marginalized sector of the community.Intends to address the fact that “an electricity bill is riddled with various components with additional VAT imposition – . . .Except for universal, and feed-in-tariff allowance charges, the rest of the components include the imposition of VAT. Under the TRAIN Law . . ., a twelve percent (12% VAT) is imposed on the sale of electricity, transmission by any entity, including the National Grid Corporation of the Philippines, and distribution companies, including electric cooperatives. | |
| PRINCIPAL AUTHOR/S : MARCOLETA, RODANTE D., TANCHAY, CAROLINE L. | |
| DATE FILED : 2022-06-30 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS (Journal Entries) : | |
| 1. Rivera (000 2022-09-06) | 2. Delos Santos (000 2022-09-09) |
| 3. Mariño (000 2022-12-01) | |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON WAYS AND MEANS ON 2022-07-26 |
Abstract
ABSTRACT : Aims to mitigate the burden to consumers of costly electricity, especially those living below the poverty line, the poor and marginalized sector of the community.Intends to address the fact that "an electricity bill is riddled with various components with additional VAT imposition – . . .Except for universal, and feed-in-tariff allowance charges, the rest of the components include the imposition of VAT. Under the TRAIN Law . . ., a twelve percent (12% VAT) is imposed on the sale of electricity, transmission by any entity, including the National Grid Corporation of the Philippines, and distribution companies, including electric cooperatives.
Significance