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{
    "id": 1514115,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1514115/?format=api",
    "text_counter": 498,
    "type": "speech",
    "speaker_name": "Dagoretti South, UDA",
    "speaker_title": "Hon. John Kiarie",
    "speaker": null,
    "content": " Hon. Temporary Chairman, I beg to move: THAT, Clause 27 of the Bill be amended in subclause (1) by inserting the following new paragraphs immediately after paragraph (f)— (g) tax breaks in key industries as may be determined by the Cabinet; (h) employees of start-ups may be entitled to Personal Income Tax relief; (i) competitive interest rates on start-up loan products from the Government; (j) zero-rated Pay-as-you Earn up to an amount as may be determined by the Cabinet; (k) ease work permit requirements for foreign talent with the requisite skills; (l) Value Added Tax exemption for a period as shall be determined by the Cabinet; (m) access to matching funds by the Government; and, (n) grants to support research and market validation and development. The justification is about the tax breaks that we need for key industries, so that we can promote investment in sectors that are essential for economic growth and development. By offering targeted benefits, the Government can drive innovation and enhance competitiveness in high-priority areas. The Mover of this Bill would agree with me that this amendment is necessary."
}