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"id": 1588133,
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"type": "speech",
"speaker_name": "Alego Usonga, ODM",
"speaker_title": "Hon. Samuel Atandi",
"speaker": null,
"content": " Hon. Temporary Speaker, I beg to move that the Equalisation Fund Appropriation Bill (National Assembly Bill No.21 of 2025) be now read a Second Time. This Bill was published on 12th June 2025 and introduced in the National Assembly on 17th June 2025. It was referred to the Budget and Appropriations Committee for consideration and reporting to the House. The Bill seeks to provide legal authority for appropriating money from the Equalisation Fund for use in the beneficiary regions during the Financial Year 2025/2026. The Equalisation Fund established pursuant to Article 204(1) of the Constitution requires that 0.5 per cent of all revenue collected by the national Government nationally go to it. The National Assembly computes the amount distributable, based on the most recently audited national revenue accounts. In considering this Bill, it is important to note that we are using audited and approved revenues of the 2021/2022 Financial Year. The audited revenue for this financial year is approximated at Ksh1.92 trillion, upon which we are considering the Equalisation Fund. The Equalisation Fund is exclusively for essential services like water, road infrastructure, health facilities, and electricity. The Equalisation Fund only funds those projects. Historically, the projects must be in marginalised regions. The objective of the Fund is to elevate standards of living in such areas to be at levels comparable to the rest of the nation. Allocation to the Equalisation Fund must adhere to a structured framework formulated by the Commission on Revenue Allocation (CRA) in accordance with Article 216(4). The current operational policy is on its second consideration. It identifies 1,424 marginalised areas as beneficiaries across 34 counties. Each designated county receives a proportion share of the Fund determined by allocation criteria of the Common Reporting Standards (CRS). In this Bill, we are appropriating Ksh16.8 billion to develop these identified areas. I will just highlight how we are arriving at the Ksh16.8 billion that we are allocating. First, Ksh6.2 billion has been carried forward from the 2024/2025 Financial Year. The Ksh10.6 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."
}