Senate ratifies ‘Expanded Senior Citizens’ bill

MANILA, Jan. 27 – The Senate ratified Wednesday night the bicameral conference committee (BCC) report on the “Expanded Senior Citizens Act,” seeking to exempt the elderly from paying the 12 percent value added tax (VAT).

Senate Majority Leader Juan Miguel Zubiri said the ratification is part of the Senate promise to finish all the priorities measures before the sine die adjournment next week.

Composed of Senate and House members, the BCC approved the reconciled version of the measure last Wednesday.

The “Expanded Senior Citizens Act” will be forwarded to Malacanang for the President’s signature.

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