Members of the National Assembly in session on June 6, 2024. (File Photo)
In Summary:
- The Finance Bill, 2024, has successfully passed the second reading in the National Assembly.
- The Bill advances to the Committee of the Whole House for further scrutiny and amendments.
The Finance Bill, 2024, has cleared a significant legislative hurdle, sailing through its second reading in the National Assembly with strong backing, despite widespread national protests.
A decisive 204 Members of Parliament (MPs) voted in favor, while 115 opposed the Bill, and no MPs abstained from the vote held on Thursday evening.
National Assembly Speaker Moses Wetangula announced the results, indicating the Bill’s transition to the Committee of the Whole House.
This next phase will involve detailed examination and debate on proposed amendments.
MPs had until 1 pm Thursday to submit their amendments, which will be reviewed and voted on clause by clause by the committee.
Speaker Wetangula emphasized the importance of the upcoming sessions, stating that the House will reconvene on Tuesday, June 25, to continue deliberations.
During this session, the Bill will face its Third Reading, where a final vote will determine its approval or rejection.
Should there be any unresolved issues or contested amendments, a mediation committee will be tasked with developing a consensus version of the Bill for further consideration.