Zubiri: Senate to reconsider tobacco tax hike bill approval

By Filane Mikee Cervantes/Philippine News Agency

Senator Juan Miguel Zubiri. (PNA file photo)

MANILA — The Senate will reconsider its approval of the bill increasing the excise tax on tobacco products to introduce an amendment regarding the shares of local government units (LGUs) from the tobacco tax collection, Senate Majority Leader Juan Miguel Zubiri said on Tuesday.

Zubiri said they would open the period of amendments to propose changes to the shares received by tobacco-producing LGUs and approve the measure on second and third reading again during plenary session.

He noted that the House of Representatives is expected to adopt the new version precisely to dispense with the convening of a bicameral conference committee.

“Procedurally, (we would do a) reconsideration of approval of the sin tax measure, open the period of amendments, amend what was agreed upon between the DOF (Department of Finance) and the House. Pass it again on second and third reading this afternoon. Then, it will be adopted by the House,” Zubiri told reporters.

“We would no longer meet for a bicam. There’s no more time for that,” he added.

Zubiri said several lawmakers from the Northern bloc in the House of Representatives opposed the sharing percentage for the provinces and municipalities.

“Sabi ni Speaker GMA (Gloria Macapagal-Arroyo) pinuntahan daw siya ng mga (Speaker GMA said she was approached by) Northern bloc congressmen and they threatened not to approve the sin tax measure if this was not addressed. We have to fix it and come up with a compromise para maipasa namin (for us to pass it),” Zubiri said.

For the latest updates about this story, visit the Philippine News Agency website

Popular

PBBM seeks stronger security, economic, and people-to-people ties in ASEAN-Russia Commemorative Summit

By Brian Campued As the Association of Southeast Asian Nations (ASEAN) and Russia mark 35 years of meaningful partnership, President Ferdinand R. Marcos Jr. pushed...

Gatchalian-led Senate overhauls committee heads under new majority bloc

By Brian Campued As the Senate convenes for its special session on Wednesday, a new set of committee chairships and memberships have also been elected...

DSWD ready to augment food pack support to quake-affected communities in Mindanao

By Brian Campued Consistent with the earlier directive of President Ferdinand R. Marcos Jr. to ensure sustained relief and recovery efforts following the effects of...

PBBM orders release of P362-M to fast-track rehab of quake-damaged infra in Mindanao

By Dean Aubrey Caratiquet On top of concurrent efforts from various agencies to help Mindanaoans rise from the effects of the magnitude 7.8 earthquake that...