Land Transportation Franchising and Regulatory Board
is an agency underthe Department of Transportation andCommunications responsible for promulgating,administering, enforcing, and monitoring complianceof policies, laws, and regulations of public landtransportation services.The regulatory land transportation dates back to theearly 1900s. The LTFRB therefore, is a product of aseries of transformations. The evolutionaryprogression runs as thus:
Coastwise Rate Commission – November17, 1902
Supervising Railway Expert – June 29, 1906
Board of Public Utility Commissioners –December 19, 1913
Public Utilities Commission – March 9, 1917
Public Service Commission - 1926
Specialized Regulatory Boards - 1972
Board of Transportation - 1979
Land Transportation Commission (BOT &BLT) - 1985
Land Transportation Franchising &Regulatory Board -1987The Board shall have the following powers andfunctions:1.
To prescribe and regulate routes of service,2.
To issue, amend, revise, suspend or cancelCertificates of Public Convenience orpermits3.
To determine, prescribe and approve andperiodically review and adjust, reasonablefares, rates and other related charges,4.
investigations and hearings of complaints8.
To review motu proprio thedecisions/actions of the RegionalFranchising and Regulatory Office hereincreated;9.
To promulgate rules and regulations10.
To fix, impose and collect, and periodicallyreview and adjust, reasonable fees;11.
To formulate, promulgate, administer,implement and enforce rules andregulations on land transportation publicutilities12.
To coordinate and cooperate with othergovernment agencies and entities13.
To perform such other functions