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{
    "id": 482085,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/482085/?format=api",
    "text_counter": 223,
    "type": "speech",
    "speaker_name": "Hon. Nyenze",
    "speaker_title": "",
    "speaker": {
        "id": 1987,
        "legal_name": "Francis Mwanzia Nyenze (Deceased)",
        "slug": "francis-mwanzia-nyenze"
    },
    "content": "Thank you, hon. Speaker. I do support your sentiments. This Finance Bill, 2014 is an important Bill. It will be important for Members to be present because of its importance. I support this Bill. Sometime ago, we approved the Appropriations Bill, 2014. It set out how our taxes would be spent in this financial year. The Finance Bill now seeks to spell out measures that will be used to raise that revenue and collect the taxes. Section 40(3) of the Public Finance Management Act states that on the same day the budget policy highlights and revenue raising measures are pronounced, the Cabinet Secretary shall submit to Parliament the Finance Bill setting out the revenue raising measures for the national Government together with a policy statement explaining these measures."
}