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{
"id": 1559902,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1559902/?format=api",
"text_counter": 893,
"type": "speech",
"speaker_name": "Alego Usonga, ODM",
"speaker_title": "Hon. Samuel Atandi",
"speaker": null,
"content": " Hon. Deputy Speaker, I rise to also support the Bill as presented by the Deputy Leader of the Majority Party. There are many ways of growing the economy. One of the ways is giving tax incentives to potential sectors that are important for generating more revenue and creating job opportunities. This year, the economy is projected to grow on the back of manufacturing. We project that manufacturing will help us to collect more taxes and create job opportunities. Therefore, we need to strongly support the incentive to manufacturers in the steel sector to enable them to defer taxes, specifically VAT, on their products. In the past, I have said that tax incentives should be abolished to save the Ksh300 billion that we lose through VAT waivers. However, because of the prospects of job creation and growth that is presented by the manufacturing sector, I urge the House to pass this Bill to allow investors, both local and foreign, to pump in resources. We believe they are going to create the jobs that we need for our people. In line with the Bottom-Up Economic Transformation Agenda (BETA) we are championing as the Broad-Based Government, this Bill will help the economy. Hon. Deputy Speaker, I support."
},
{
"id": 1559903,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1559903/?format=api",
"text_counter": 894,
"type": "speech",
"speaker_name": "Hon. Deputy Speaker",
"speaker_title": "",
"speaker": null,
"content": "I can see Hon. Emaase has pressed the intervention button. She is not present. How about Hon. Sunkuyia or Hon. Irene Mayaka? Hon. Oundo."
},
{
"id": 1559904,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1559904/?format=api",
"text_counter": 895,
"type": "speech",
"speaker_name": "Funyula, ODM",
"speaker_title": "Hon. (Dr) Ojiambo Oundo",
"speaker": null,
"content": " Thank you, Hon. Deputy Speaker. I support this Bill that seeks to rectify the omission that was occasioned when we passed the Tax Laws (Amendment) Bill. We should have picked this issue out but, sometimes, the process is rushed in this House and some basic things are left out. The Bill proposes to extend tax incentives to investors. In such an arrangement, this amounts to tax expenditures, where a country foregoes revenue with the hope that the investment will result in higher revenue. I have attended many forums on this subject and the truth of the matter is that it does not result in any significant changes. We will only end up enriching manufacturers and leave the country poorer. EPZs have been with us for many years. We have granted them tax incentives and yet, they have not contributed significantly to improving GDP, capital growth or per capita income in this country. Many of us are always apprehensive when these kinds of amendments are brought to the House, especially when there is no study to determine their long-term impact. The tax incentives basically milk and transfer benefits from the people of Kenya to some amorphous institutions that are based outside the country. These incentives should only last for the period that is intended and not go beyond the particular timelines. Tellingly, the incentives are targeted to a certain sector. Many Kenyans know the investors in the steel sector. We must stop passing laws that please certain quarters for their personal gains. At this rate, we will legislate on anything and everything to support certain forms of businesses and forget to look at the multiplier effects of those changes. With those few remarks, I support with obvious reservations. We need to pass the Bill and get moving. 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."
},
{
"id": 1559905,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1559905/?format=api",
"text_counter": 896,
"type": "speech",
"speaker_name": "Funyula, ODM",
"speaker_title": "Hon. (Dr) Ojiambo Oundo",
"speaker": null,
"content": "Thank you, Hon. Deputy Speaker."
},
{
"id": 1559906,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1559906/?format=api",
"text_counter": 897,
"type": "speech",
"speaker_name": "Hon. Deputy Speaker",
"speaker_title": "",
"speaker": null,
"content": "Who else wants to contribute? Hon. Mayaka."
},
{
"id": 1559907,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1559907/?format=api",
"text_counter": 898,
"type": "speech",
"speaker_name": "Nominated, ODM",
"speaker_title": "Hon. Irene Mayaka",
"speaker": null,
"content": " Thank you, Hon. Deputy Speaker. I also support this particular amendment. As indicated by the Mover, the amendment will, in essence, help to correct the ambiguity that was caused by the previous Bill. It will also promote investment. One year is a very long time for a manufacturer, especially in the steel industry. It is one industry that does not have many investors, though they make a huge impact. We are largely an assembling nation rather than a manufacturing one. Therefore, incentives that encourage people to invest in the manufacturing sector are always welcome. This is a very brief amendment and I support it. I thank you."
},
{
"id": 1559908,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1559908/?format=api",
"text_counter": 899,
"type": "speech",
"speaker_name": "Hon. Deputy Speaker",
"speaker_title": "",
"speaker": null,
"content": "It seems there is no further interest. The Mover can reply."
},
{
"id": 1559909,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1559909/?format=api",
"text_counter": 900,
"type": "speech",
"speaker_name": "Kilifi North, UDA",
"speaker_title": "Hon. Owen Baya",
"speaker": null,
"content": " Hon. Deputy Speaker, in replying, the Bill gives incentives to manufacturers to turn Kenya into the manufacturing hub we have always wanted to be. It is an important piece of legislation that encourages manufacturing. It is, therefore, important that we pass it. We are also correcting the ambiguity that was created when we passed the Business Laws (Amendment) Act. We need to be more careful in future so that we do not create these kinds of errors that put cabinet secretaries, who are the implementers of the laws, in an awkward position. Hon. Deputy Speaker, I reply."
},
{
"id": 1559910,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1559910/?format=api",
"text_counter": 901,
"type": "speech",
"speaker_name": "Hon. Deputy Speaker",
"speaker_title": "",
"speaker": null,
"content": "Thank you. We shall defer putting the Question to a later time."
},
{
"id": 1559911,
"url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1559911/?format=api",
"text_counter": 902,
"type": "scene",
"speaker_name": "",
"speaker_title": "",
"speaker": null,
"content": "(Putting of the Question deferred)"
}
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}