THE HOUSE of Representatives on Monday approved on final reading a bill that seeks to exempt senior citizens from the value-added tax and increase their discounts on monthly electricity and water bills.
House Bill 10568 or the proposed Expanded Senior Citizens’ Act of 2010 limits the utility discount to a monthly consumption that does not exceed 150 kilowatt-hours and 30 cubic meters of water.
It will be applied per household regardless of the number of senior residents. A Senate counterpart bill is pending at the committee level. — JEGT
