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"speaker_name": "Sen. Billow",
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"content": "Thank you, Mr. Deputy Speaker, Sir. I beg to move that the Division of Revenue Bill be read a Second Time. Mr. Deputy Speaker, Sir, Article 124 of the Constitution of Kenya provides for the establishment of our Committee of Finance, Commerce and Budget, which has looked at this Bill because it is part of our mandate. I want to take the Members through it. Mr. Deputy Speaker, Sir, the Division of Revenue Bill (National Assembly Bill No. 11 of 2015) was passed by the National Assembly on Wednesday, 25th March, 2015. The same was communicated to us; it was forwarded to our Committee and we looked at it. The Bill provides for the division of the nationally raised revenue between two levels of Government. The Bill itself is accompanied by a memorandum, which is an explanation of the revenue allocation. Article 218 of the Constitution also requires that we use the criteria provided for there. It also requires that we provide a summary of any significant deviation from the recommendations by the Commission for Revenue Allocation (CRA). So, the Bill has got a memorandum explaining all that. Mr. Deputy Speaker, Sir, pursuant to Article 118 of the Constitution and Senate Standing Order No.130, our Committee considered the Bill; we invited key stakeholders, including the national Treasury, the Council of Governors (CoGs), the CRA, the County Assemblies Forum (CAF), the Controller of Budget and other members of the public, including non-state actors. In that regard, we facilitated public participation and took into account their views and recommendations in our Report to the Senate. Mr. Deputy Speaker, Sir, I would like to remind hon. Senators that the enactment of this Bill is critical because it sets the stage for the preparation of the County Allocation of Revenue Bill, which will inform the preparation of the respective county budgets. Counties must do their budgets by the end of this month. So, we have very strict timelines and a very tight schedule. So, we are also submitting the Report of this Committee for the consideration and approval of the Members. The electronic version of the Senate Hansard Report is for information purposes only. A certified version of this Report can be obtained from the Hansard Editor, Senate."
}