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"id": 1441159,
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"type": "speech",
"speaker_name": "Sigor, UDA",
"speaker_title": "Hon. Peter Lochakapong",
"speaker": null,
"content": " Thank you, Hon. Temporary Speaker. I rise to support the Finance Bill, 2024. Arising out of the Report of the Committee on Finance that has considered the recommendations through public participation of stakeholders, the Committee has proposed a raft of amendments to the Finance Bill, and based on that, I support it. Hon. Temporary Speaker, it would be dishonest for those opposing this Report and this Bill to only look at the Finance Bill as proposed and not look at the Report of the Committee. Arising out of the engagement from public participation, the Committee has proposed a raft of amendments that have taken into account the wishes and the thinking of the majority of Kenyans. It will also be important to inform Gen Z that they need to be updated because they are on the streets based on the original Finance Bill without taking into account what the Committee has recommended for amendment. There was a proposal to increase the Excise Duty on money transfer services, which the Committee has since dropped. Motor vehicle tax of 2.5 per cent has been dropped. The Committee The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
}