Manila House panel OKs P20 per kilo tax on single-use plastic bags

摘要

The House of Representatives' Ways and Means committee approved a bill imposing a P20(Philippine Peso) excise tax on every kilo of single-use plastic bags removed from the place of production or the Customs warehouse. Committee chairman and Albay 2nd District Rep. Joey Salceda said House Bill No. 781, once signed into law, would generate a revenue of P4.8 billion on the first year of implementation. The proposed law also has a minimal impact of P0.07 on sando plastic bags, said Salceda.