MANILA, Philippines — A bill seeking to regulate parking fees and protect car owners from excessive charges has been filed at the House of Representatives by Valenzuela City First District Representative Weslie Gatchalian. Related Stories Bill seeks to waive parking feesThe proposed House Bill 3262 or the Parking Fees Regulation Act filed on July 31 will restrict business-owned parking facilities from imposing unreasonable parking rates and fees, Gatchalian said in a sponsorship speech. "Nowadays, parking fees for a day’s worth of parking in Metro Manila can be as high as P700 or more, while there are others that charge significantly less," Gatchalian said. The bill stipulates a standard parking fee of P40 per vehicle for eight hours at most, with an additional P10 per succeeding hour. The bill also mandates that establishments maintain security in their parking spaces and cannot invoke a waiver of liability against loss of property or damage to vehicles.

Source: Philippine Star October 08, 2019 02:15 UTC