It’s time for Tax Laws Amendment Bill

Finance Bill

Members of the National Assembly during a sitting. 

Photo credit: File | Nation Media Group

On June 26, President William Ruto declined to assent to the much-contested Finance Bill 2024, and in an unprecedented move directed that the bill be withdrawn in its entirety through deletion of all 69 clauses it contained.

National Assembly Speaker Moses Wetangula has since transmitted the President’s directive to the Assembly’s Finance and Planning Committee, which is expected to report back to the House upon resumption on July 23.

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Note: The results are not exact but very close to the actual.