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House okays on 2nd reading bill that will raise taxes paid by car owners

House okays on 2nd reading bill that will raise taxes paid by car owners
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House OKs road user tax on 2nd reading; ₧68 2B eyed | Jovee Marie N de la Cruz

THE House of Representatives on Tuesday approved on second reading the proposed Motor Vehicle Road Users’ Tax (MVRUT), a move aimed at generating additional funds of P68.19 billion over five years to support the modernization of public transport. Through viva voce voting, lawmakers approved House Bill 9647, which seeks to…

Road users tax bill exempts motorcycle, trikes | Jovee Marie N de la Cruz

The House Committee on Ways and Means on Tuesday approved the proposed Motor Vehicle Road Users’ Tax to raise more funds for public transport modernization. The unnumbered bill, approved by the committee chaired by Albay Rep. Joey Sarte Salceda, said the proposal seeks to reduce rates for vehicles for hire…

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