Legislative Tracker - May 2026
Political developments impede legislative progress as Congress briefly convenes in May 2026, and adjourns sine die until July 2026.
Political developments impede legislative progress as Congress briefly convenes in May 2026, and adjourns sine die until July 2026.
PSA Intelligence monitor and evaluates legislation, assessing their potential impact on businesses and organizations in the Philippines to aid in risk management and preparedness.
Also known as the Passive Income and Financial Intermediary Taxation Act (PIFITA), this measure aims to rationalize the tax structure of the financial sector.
Measures filed in the 20th Congress seek to lower the price of oil and other petroleum products by removing its excise tax and exempting basic necessities from the 12 percent value-added tax (VAT).
Several measures have been filed in the 20th Congress on imposing an excise tax of around PHP 100.00 to 150.00 on single-use plastic bags. During the previous Congress, a similar measure advanced until third reading in the House of Representatives., but remained stalled and pending in the Senate.
This measure aims to adjust the payment and remittance of taxes of businesses operating in special economic zones, where a total of nine percent of the gross income of the said business will be remitted to the government.
This measure aims to provide tax reliefs to micro, small, and medium enterprises (MSMEs) to assist the businesses’ growth (e.g., expanding operations, hiring more workers, developing new products and services).
PSA Intelligence is specifically monitoring measures concerning the relaxing of foreign economic ownership, and election-related political reforms.
The National Land Use Act seeks to establish a sustainable framework for managing the country's land-based natural resources for four functional uses: protection, production, infrastructure, and human settlements.
PSA Intelligence is monitoring the progress of specific measures concerning Generation Companies (GenCom) and Distribution Utilities (DU), and not reforms concerning governance and other areas covered by the Electric Power Industry Reform Act of 2001.
The Blue Economy Act provides a policy framework for the sustainable development of the country's marine areas and its resources.
The measure seeks to update the espionage law of the Philippines enshrined in Commonwealth Act No. 646 of 1941 by expanding the definition of espionage, as well as related prohibited acts and penalties.
The measure proposes to regulate the use of Artificial Intelligence (AI) and its impact on the Philippine workforce.
These two measures seek to establish a set of standards for the security and protection of critical information infrastructure.
The measure proposes to update the national defense provisions under Commonwealth Act No. 1 of 1935 to make the policy more responsive to current and emerging security threats.
The measure aims to establish a separate pension and retirement system for military and uniformed personnel following concerns that the current pension system is fiscally unsustainable.