Seneti
Senate approves idea to legislate reconstruction tax reform bill
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The Senate this week approved the idea of legislating the national reconstruction bill with 26 votes in favor. The initiative seeks to cut the corporate tax rate from 27% to 23% and establishes tax invariability.
Supporters of the Digital Asset Market CLARITY Act are intensifying efforts to secure a Senate floor vote before lawmakers depart for their August recess. The legislation would divide oversight of digital assets between the SEC and CFTC.
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The Office of the Ombudsman has directed Senators Alan Peter Cayetano and Robin Padilla, along with former Senate Sergeant-at-Arms Mao Aplasca, to respond to an obstruction of justice complaint.
The Senate held the first day of the pre-trial conference for Vice President Sara Duterte’s impeachment on June 18. Prosecutors and defense lawyers marked evidence for two of the four articles without incident. The trial is scheduled to start on July 6.
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On Thursday morning (18/6), the Federal Police executed search warrants against Senator Jaques Wagner (PT-BA), the government leader in the Senate, in the ninth phase of Operation Compliance Zero.
The Commission on Appointments confirmed the promotions of five senior Armed Forces of the Philippines officers on June 17, 2026, ending weeks of delays caused by Senate leadership disputes.
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The pre-trial conference for the impeachment of Vice President Sara Duterte will begin Thursday at 9 a.m. at the Senate in Manila.
Senate approves Kast government megareform in general with 26 votes
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