RESOLUTION DIRECTING THE APPROPRIATE SENATE COMMITTEE TO CONDUCT AN INQUIRY, IN AID OF LEGISLATION, ON THE LAPSES IN THE IMPLEMENTATION OF REPUBLIC ACT NO. 9367, OTHERWISE KNOWN AS THE BIOFUELS ACT OF 2006

RESOLUTION DIRECTING THE APPROPRIATE SENATE COMMITTEES TO CONDUCT AN INQUIRY, IN AID OF LEGISLATION, ON THE STATUS OF IMPLEMENTATION OF REPUBLIC ACT NO. 9367, OTHERWISE KNOWN AS THE 'BIOFUELS ACT OF 2006', WITH THE END IN VIEW OF DETERMINING APPROPRIATE REMEDIAL MEASURES THAT WILL ENSURE THE FULL IMPLEMENTATION OF THE LAW, ACTIVATING THE BIOFUELS OVERSIGHT COMMITTEE AND FOR OTHER PURPOSES

RESOLUTION DIRECTING THE APPROPRIATE SENATE COMMITTEES TO CONDUCT AN INQUIRY, IN AID OF LEGISLATION, ON THE REPORTED IMPOSITION OF THE 12% VALUE-ADDED TAX ON THE SALE OF LOCALLY PRODUCED BIOFUELS NOTWITHSTANDING THAT UNDER THE NATIONAL INTERNAL REVENUE CODE OF 1997, AS AMENDED BY SECTION 6 (B)(7) OF REPUBLIC ACT NO. 9337, SUCH TRANSACTION IS SUBJECT TO ZERO PERCENT (0%) VAT, WITH THE END IN VIEW OF DETERMINING APPROPRIATE REMEDIAL MEASURES AND FOR OTHER PURPOSES