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DOST-PNRI cheers House panel approval on tax provisions of bill creating nuclear regulatory body

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Published: 12 August 2021

Members of the House Committee on Ways and Means met virtually to approve the fiscal provisions of the substitute bill for the Comprehensive Atomic Regulation Act. They are joined by PNRI Director Dr. Carlo Arcilla as well as other DOST and PNRI officials and staff. 

DOST-PNRI cheers House panel approval on tax provisions of bill creating nuclear regulatory body

The Department of Science and Technology-Philippine Nuclear Research Institute (DOST-PNRI) raised its hopes anew with the recent approval of the House Committee on Ways and Means on the bill creating an independent nuclear regulatory body. Called the Comprehensive Atomic Regulation Act, the bill proposes the creation of the Philippine Atomic Regulatory Commission which will regulate all activities and facilities involving sources of ionizing radiation.

The substitute bill, which consolidates 13 supporting House bills, was approved on August 9 by the House Ways and Means Committee chaired by Albay Rep. Joey Salceda.

The Committee approved the measures that would allow the PARC, upon operation, to charge and collect reasonable fees for its regulatory functions. The PARC will also be exempted from taxes and duties when importing atomic fuel, in accordance with the National Internal Revenue Code.

Rep. Salceda expressed his full support for the passage of the measure, stating that the growing country, which is now the 13th most populous country in the world, needs to harness “the most powerful forces ever tapped into by mankind.”

He cited DOST as “very nimble in making use of atomic and nuclear research in determining everything from the purity of foods to the health risks of certain devices.”

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