Treasury calls on MPs to fast-track property tax law

Treasury building in Nairobi on June 11, 2020. PHOTO | SILA KIPLAGAT | NMG

The Treasury has asked legislators to republish a Bill that seeks to empower the State to review property rates every five years aimed at ensuring the government does not lose out on the appreciation of plots.

The Treasury has asked the new Senators to prioritise the enactment of the National Rating Bill 2021, which lapsed when the tenure of the 12th Parliament ended in June.

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