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Finance Bill debate slated for Wednesday's twin sittings

The Finance Bill, 2024 will be formally tabled on Tuesday afternoon ahead of debate

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by JAMES MBAKA

News18 June 2024 - 08:21
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In Summary


  • President William Ruto on Tuesday held a meeting with Kenya Kwanza MPs.
  • MPs are under pressure to drop some of the punitive taxation proposals in the Bill.
MPs during a session in parliament.

MPs will on Wednesday begin debate on the contentious Finance Bill, 2024, the National Assembly's Order Paper for that day shows.

The Order Paper, a statutory document detailing the business of the House, also shows that MPs will have the whole Wednesday morning and afternoon debating the Bill.

During the debate, technically known as the Second Reading, MPs will air their views and make oral submissions about what they make of the contents of the taxation measures.

It is not until the Bill is moved to the Third Reading that MPs will make legislative proposals to amend sections of the Bill in line with their suggestions.

The Finance Bill could be considered for the most all-important vote on Thursday when MPs hold only one sitting in the afternoon.

This means that the Departmental Committee on Finance and Planning will table the Bill and its report during the Tuesday afternoon sitting.

On Tuesdays, there is usually one sitting, Wednesday two sittings (morning and afternoon) while on Thursdays there is only one sitting.

The much-awaited debate is threatening to be a major showdown between the pro-government MPs and the opposition amid pressure to have punitive proposals dropped.

On Tuesday morning, protesters under the Occupy Parliament banner took over some streets in Nairobi as they upped pressure on the MPs to reject the taxation proposals.

Police arrested some of the protestors within the capital city as President William Ruto on Tuesday chaired a crucial meeting of the Kenya Kwanza Parliamentary Group (PG) at State House.

Deputy President Rigathi Gachagua and top parliamentary leaders also attended the meeting at State House.

The president convened the session to whip MPs to support the Finance Bill after some of them threatened to shoot down his tax proposals.

The Finance Bill, 2024 has triggered a storm in the country with leaders and Kenyans calling on MPs to reject some of the punitive tax measures that could hurt ordinary people.

The President's meeting was seen as a last-ditch effort to woo lawmakers to support the Bill.

The State House meeting comes hours after it emerged that the Finance Committee could have decided to do away with some of the controversial tax proposals.

Removing Bread from the list of zero-rated commodities, imposition of 25 per cent exercise duty on crude edible and refined oils, Motor vehicle tax at 2.5 per cent of the value of the vehicle, eco-levy at Sh150 per kilogram and import declaration Fee at 3 per cent were some of the contentious provisions in the Bill.

But the Finance Committee chaired by Molo MP Kimani Kuria wants the proposed exercise duty on vegetable oils reduced from Sh25 per cent to five per cent.

The committee concluded its report writing in Naivasha on Monday evening where it had retreated after undertaking three weeks of public participation on the Bill and received 500 memoranda.

President Ruto recently urged MPs to pass the 2024/25 national budget, saying several road projects that stalled during the previous administration have been factored in.

Speaking during the Akorino Church National Conference in Nakuru, the President told MPs not to make the mistake of shooting down the budget as it would affect the planned revival of the roads.

"We had many road projects that we started before 2021 but stalled because of lack of money. Last year we said we need to sort the economic mess" he said.

Ruto insisted that the county's economy is now stable after spending nearly 20 months reconstructing the government.

"I want to ask MP, the issues are now coming to you in Parliament help us because in that budget we have allocated money for all roads in the country that stalled," Ruto said.

"All the roads that stalled like the Mau Mau Road and many others here in Naruku are this budget; we want to revive them using this budget."

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