Roman’s estate tax amnesty extension bill gains committee approval

The House Committee on Ways and Means has approved House Bill 609, a measure filed by Bataan 1st District Rep. Tony Roman III seeking to extend the government’s Estate Tax Amnesty program for an additional three years. The proposal aims to assist families who have long been unable to transfer inherited properties due to accumulated taxes, penalties, and the complex processing of estate documents.

Rep. Roman explained that many heirs remain unable to fully utilize or legally transfer ownership of land or houses left by parents or grandparents because of ballooning tax liabilities. By extending the amnesty period, the bill intends to give families more time to settle obligations, reduce penalties, and facilitate a smoother and more affordable transfer of assets.

Under the proposed measure, the processing of estate-related documents will be made faster and less burdensome, easing the financial and administrative strain on beneficiaries.

Congressman Roman said the bill’s goal is straightforward: to reduce stress and ensure more families can finally benefit from the properties rightfully due to them.