House of Representatives · 20th Congress

HB10462

AN ACT INCREASING THE INCOME TAX-EXEMPT THRESHOLD FOR INDIVIDUAL TAXPAYERS TO FIVE HUNDRED THOUSAND PESOS (?500,000), ADJUSTING THE INDIVIDUAL INCOME TAX BRACKETS, PROVIDING FOR THEIR AUTOMATIC INDEXATION TO INFLATION, AMENDING FOR THE PURPOSE SECTION 24(A)(2) OF THE NATIONAL INTERNAL REVENUE CODE OF 1997, AS AMENDED, AND FOR OTHER PURPOSES

Status: Pending with the Committee on WAYS AND MEANS since 2026-08-04 · Filed 2026-07-30 · Committee: WAYS AND MEANS

Official documents

Text As Filed
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)

Teodoro, Marcelino "Marcy" R. · Representative, Marikina City, 1st 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.