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Measure granting Marcos fuel tax powers headed to Palace

18 March 2026
in Business
Reading Time: 4 mins read
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Measure granting Marcos fuel tax powers headed to Palace
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By Kenneth Christiane L. Basilio, Reporter

THE measure granting President Ferdinand R. Marcos, Jr. the authority to suspend the excise tax on fuel is headed to the Palace, after the House of Representatives on Wednesday adopted the Senate’s version as lawmakers race to give him powers to ease surging oil prices linked to the Iran war.

Lawmakers adopted Senate Bill (SB) No. 1982 via voice vote, fast-tracking its enactment into law by bypassing a joint congressional committee tasked with reconciling differences between the Senate and the House versions.

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