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{
    "id": 736492,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/736492/?format=api",
    "text_counter": 125,
    "type": "speech",
    "speaker_name": "Hon. A.B. Duale",
    "speaker_title": "",
    "speaker": {
        "id": 15,
        "legal_name": "Aden Bare Duale",
        "slug": "aden-duale"
    },
    "content": "Finally - and I am sure Members have looked at this Bill - the Government is keen on developing sports, culture and arts in the country. Currently, the sports sector derives its funding from the national sports funds whose monies include proceeds from the sports lotteries, investments and any payments as required by the Act. To increase funding to the culture and art sector, this Bill proposes to amend the Betting, Lotteries and Gaming Act to introduce a uniform tax of 50 per cent to apply for betting, lotteries, gaming and price competition. The proceeds from those measures shall be directed to development of national sports, culture and arts sectors to sports development of talents across the country. This was a whole debate from the industry that is concerned. They have gone to court but I want to tell them that the proposal of 50 per cent is from the Cabinet Secretary, National Treasury. The Departmental Committee on Finance, Planning and Trade will give you an opportunity to engage with them. I want us to engage, reason together and agree on the level of taxation we can apply in order to enhance and support sports activities, culture and arts and, at the same time, protect that industry. We expect the Cabinet Secretary (CS) to bring amendments as part of his measures to bring the cost of living down. This has been precipitated by the long drought that our country and the Sub-Saharan region have faced. It is the first time that the inflation rate has gone to 7.5 per cent. We are happy and we want to thank the Almighty God for opening the skies. Now rain is found everywhere in our country, but it will take time for farmers to plant and produce food to be put on the supermarket shelves. In the meantime, during this emergency period, we expect the CS to use this Bill to introduce certain measures and bring the Supplementary Estimates II so that the House can allow him to use certain resources to create subsidy for the people of Kenya. Finally, I wish to acknowledge the Members for the attention and support for this Bill. I ask Hon. Katoo ole Metito, the Whip of the Majority Party, to second the Finance Bill, 2017. Thank you, Hon. Speaker."
}