Lifestyle

This Senate Bill Is Pushing For A Standard Parking Rate

Yes, please
IMAGE Unsplash
Comments

Tired of paying a premium every time you leave a parking lot? If yes, you're not alone. Apparently, some lawmakers are sick of it, too.

Senator JV Ejercito has filed a bill seeking to regulate the parking fees of shopping malls and other commercial establishments. Dubbed the Parking Space Regulation Act of 2018, the bill aims to standardize parking rates to the following:

Parking Space Regulation Act of 2018

1| The standard parking fee will be P40 for the first eight hours, and an additional P10 per succeeding hour.

2| There will be a one-time fee of P100 for overnight parking.

3| There shall be a 30-minute grace period for parkers.

Probably just as important is that the bill would prohibit establishments from invoking a waiver of liability. This means that if businesses charge a parking fee, they will then be responsible for the safety of vehicles.

Owners of malls, hotels, and other similar businesses caught violating the Parking Space Regulation Act of 2018 must pay a P100,000 fine. Chump change, you say? Well, that's P100,000 per customer charged with an overpriced parking fee. What's more, there's a possibility that they'll have their license to operate revoked, too.

ADVERTISEMENT - CONTINUE READING BELOW

You can check out the full bill in the photos below. Do you think this will pass?

IMAGE: Senate of the Philippines

IMAGE: Senate of the Philippines
ADVERTISEMENT - CONTINUE READING BELOW

IMAGE: Senate of the Philippines

IMAGE: Senate of the Philippines
ADVERTISEMENT - CONTINUE READING BELOW

This story originally appeared on Topgear.com.ph.

* Minor edits have been made by the Esquiremag.ph editors.

Comments
View More Articles About:
Recommended Videos
About The Author
Drei Laurel for TopGear.com.ph
View Other Articles From Drei Laurel for TopGear.com.ph
Comments
Latest Feed
 
Share
New year, new (financially responsible) me.
 
Share
 
Share
Help the little guy out while doing your Christmas shopping.
 
Share
Bonifacio's letter written in his own blood reveals plans to expand the KKK to Mindanao.
 
Share
 
Share
Did you know there was a Napoleon Dynamite animated series?
 
Share
These serviced residences offer homey in-room facilities and hotel-like amenities.
Load More Articles
Connect With Us