AN ACT AMENDING THE NATIONAL INTERNAL REVENUE CODE (NIRC) OF 1997, AS AMENDED, BY PROVIDING THE AUTOMATIC SUSPENSION OF THE EXCISE TAX ON FUEL UNDER REPUBLIC ACT NO. 10963 OTHERWISE KNOWN AS THE TAX REFORM FOR ACCELERATION AND INCLUSION (TRAIN)

AN ACT PROVIDING FOR THE AUTOMATIC REVERSAL OF THE EXCISE TAX ON FUEL UNDER REPUBLIC ACT NO. 10963 OTHERWISE KNOWN AS THE 'TAX REFORM FOR ACCELERATION AND INCLUSION (TRAIN)' AMENDING FOR THE PURPOSE, THE NATIONAL INTERNAL REVENUE CODE (NIRC) OF 1997, AS AMENDED

AN ACT PROVIDING FOR THE AUTOMATIC SUSPENSION OF EXCISE TAXES ON REGULAR GASOLINE, UNLEADED PREMIUM GASOLINE, AND DIESEL, AMENDING FOR THE PURPOSE SECTION 148 OF THE NATIONAL INTERNAL REVENUE CODE, AS AMENDED

A RESOLUTION DIRECTING THE COMMITTEE ON ENERGY TO CONDUCT AN INQUIRY, IN AID OF LEGISLATION, ON THE EXISTING INVENTORIES OF COAL AND OIL, AND TO MONITOR AND EVALUATE ELECTRICITY AND FUEL PRICES TO ENSURE NO PREMATURE PRICE INCREASES ARE BEING PAID BY CONSUMERS AS A RESULT OF THE NEW EXCISE TAX RATES UNDER REPUBLIC ACT NO. 10963 OR THE TAX REFORM FOR ACCELERATION AND INCLUSION ACT

RESOLUTION URGING THE PRESIDENT OF THE REPUBLIC OF THE PHILIPPINES TO RECONSIDER THE IMPLEMENTATION OF THE SECOND TRANCHE OF THE EXCISE TAX ON FUEL IN 2019 OR AT THE LEAST SUSPEND SUCH IMPLEMENTATION WITH DISPATCH AT ANYTIME IN THE SAME YEAR ONCE THE DESIGNATED THRESHOLDS ARE AGAIN ABOUT TO CAUSE HIGH INFLATION

RESOLUTION DIRECTING THE PROPER SENATE COMMITTEE TO CONDUCT AN INQUIRY, IN AID OF LEGISLATION, ON THE REPORTED SMUGGLED FUEL FROM MALAYSIA THAT WAS SEIZED BY THE PHILIPPINE COAST GUARD IN PALAWAN