House of Representatives · 20th Congress

HB08244

AN ACT PROVIDING FOR AN EMERGENCY OIL PRICE STABILIZATION MECHANISM DURING GLOBAL ENERGY SUPPLY SHOCKS, ESTABLISHING AUTOMATIC PRICE-TRIGGERED SUSPENSION OF EXCISE TAXES ON PETROLEUM PRODUCTS, PROVIDING SAFEGUARDS AGAINST WINDFALL PROFITS, CREATING A STRATEGIC PETROLEUM RESERVE PROGRAM, AND AMENDING FOR THIS PURPOSE SECTION 148 OF THE NATIONAL INTERNAL REVENUE CODE OF 1997, AS AMENDED

Status: Substituted by HB08418 · Filed 2026-03-03 · Committee: WAYS AND MEANS

Official documents

Text As Filed
HB08418
Official House listing

Recorded votes

No recorded vote for this bill in the official journals we have processed so far. That does not mean no vote took place.

Principal authors (1)

Suntay, Jesus "Bong" C. · Representative, Quezon City, 4th District

As listed in the chamber's official author records.

Sources: House Journals (docs.congress.hrep.online), BatasWatch bill and author index (CC0), which mirrors official House and Senate records.