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"id": 1064290,
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"type": "speech",
"speaker_name": "Sen. Kavindu Muthama",
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"content": "Clause 51 of the Bill proposes that Article 204 on Equalization Fund for the marginalized counties be amended. This will bring them to par with counties that are ahead of them. For 10 years, it has not been utilized. They suggest that it is moved to 30 years instead of 20 so that they can recover the years that have been wasted. I believe this will bring them to par with other counties. There are many benefits in this Bill. This is because the SMEs will also get seven years tax holiday after they start their new business. This will enable their businesses to stabilize and move on. The Report on the Bill also suggests that loans that are given to university students be recovered four years after they have completed university so that they can find jobs and repay them. There are more benefits in this document if one goes through it nicely. I stand to support this Bill."
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