English: The bill seeks to replace the franchise tax with standard corporate taxes. If enacted into law, the measure would align NGCP's tax obligations with those of other electric utilities and potentially increase government revenue, he said.
Filipino: Layon ng panukalang batas na palitan ang franchise tax ng standard corporate taxes. Kung naisabatas na, ihahanay ng panukala ang mga tax obligation ng NGCP sa iba pang electric utilities at posible pa itong magpataas ng kita ng gobyerno, aniya.