HomeNewsFinance Bill set for second reading amidst protests and parliamentary review (photo)

Finance Bill set for second reading amidst protests and parliamentary review (photo)

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Kenya’s Finance Bill 2024 is approaching a critical stage in its legislative journey. Here’s a breakdown of the upcoming steps and the surrounding discussions:

Current Stage: Tabling and Public Discontent

The bill will be formally introduced in Parliament on Tuesday. Kenyans are organizing protests to express concerns about certain sections of the bill.

Police presence is heightened around Parliament in anticipation of potential demonstrations.

President Ruto convened a meeting to brief lawmakers on the finalized bill, incorporating public feedback.

Second Reading: Scrutiny and Debate

On Wednesday, the bill enters the second reading, where the Finance Committee presents its report and recommendations. A lively debate will ensue, with Parliament members dissecting the bill’s core principles and voicing their opinions. A crucial vote at the end of this stage determines if the bill advances to the next level.

Committee Stage: Line-by-Line Examination

If successful in the second reading, the bill undergoes a meticulous clause-by-clause review in the Committee of the Whole House. This stage allows for proposed amendments, detailed scrutiny of each provision, and voting on changes.

Read also; ‘It was a woman’s idea, not mine’-Pastor Kanyari explains who came up with ‘310’ con game

Third Reading and Presidential Assent

The final stage involves a brief review of the amended bill followed by a vote. If passed, the bill is sent to the President for approval, marking its official enactment.

Overall, the Finance Bill 2024 faces public scrutiny and parliamentary deliberation before becoming law

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