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{
"id": 593507,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/593507/?format=api",
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"type": "speech",
"speaker_name": "Hon. Langat",
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"speaker": {
"id": 384,
"legal_name": "Benjamin Kipkirui Langat",
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"content": "Thank you very much, Hon. Speaker. From the outset, I wish to inform the House that since its composition in May 2013, the Departmental Committee on Finance, Planning and Trade has considered and passed a total of 22 Bills. These Bills are the Public Procurement and Asset Disposal Bill, 2013; the Retirement Benefits (Deputy President and Designated State Officers) Bill, 2013; the Value Added Tax (Amendment) Bill, 2013; the Insurance (Amendment) Bill, 2013; the Tax Appeals Tribunal, 2013; the Micro Finance (Amendment) Bill, 2013; the Capital Markets (Amendment) Bill, 2013; the Kenya Deposit Insurance (Amendment) Bill, 2013; the Insurance (Motor Vehicle Third Party Risks) (Amendment) Bill; the Scrap Metal Bill, 2014; the Business Registration Bill, 2014; the Securities and Investment Analysts Bill, 2014; the Central Bank of Kenya (Amendment) Bill; the County Governments (Amendment), Senate Bill and the Public Audit Bill, 2015. We consolidated both the Bill and the Presidential reservations On the Public Procurement and Asset Disposal Bill, 2014, we also consolidated both the Bill and the Presidential reservations. The other Bills were the Special Economic Zone Bill, 2015; the Finance Bill, 2013; the Finance Bill, 2014; the Finance Bill, 2015 and the Excise Duty Bill which we had finalized. However, there is a Presidential Memorandum which this House and my Committee is supposed to address. Processing of the Bills accounted for 99 per cent of the Committee’s time during the period. Currently, the Committee is in the final stages of concluding the five Bills pending before it. Stakeholder consultation and compilation of reports has already been done. The Committee is scheduled to table the remaining reports tomorrow 22nd October 2015. The five Bills which are pending before the Committee, as I have said include the Excise Duty Bill which the House had completed, but the President brought in reservations on the Bill. Although I will table the report, I wish to inform the House that the reservations of the President amount to reversing all the amendments which this House had passed initially. I will be raising a statement on that tomorrow. We also have the Miscellaneous Fees and Levies Bill, 2015. This Bill has not been brought for the Second Reading but the Committee has engaged the stakeholders and compiled the report which I will table tomorrow. The Committee has also consolidated amendments and received comments on the same from the Treasury pursuant to Article 114 of the Constitution. I will be convening a meeting with my Committee to agree on the final amendments of the Bill for the Third Reading in time. Hon. Speaker, we have the Betting, Lotteries and Gaming (Amendment) Bill, 2015. This Bill has not come for debate in the Second Reading but my Committee has done what we are supposed to do at that stage. We have engaged the stakeholders, we have compiled the report and I will be tabling it tomorrow. We have also consolidated the amendments which we have received from the stakeholders. I will be convening a meeting with my members to agree on the final amendments for the Third Reading in time. Fourth is the Public Finance (Amendment) Bill, 2015. This Bill has not gone through the Second Reading. The Committee engaged stakeholders and compiled its report which should be tabled by tomorrow. This is one of the controversial Bills which the House will hear in the Second Reading. It is one of the Bills that want the Treasury to remove money from the Consolidated Fund assuming that Parliament has not passed the Budget. We will debate it when 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."
}