Speaker Moses Wetangula has come out to clear the romours surrounding the vote of Finance Bill 2024 that was rejected by President William Ruto.
Speaking during a press conference ahead of parliamentary resumption, Wetangula dismissed media reports that the rejected bill was to become law after 14 days that it was not returned to Parliament and said that there is no such provision in law.
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“The President declined to assent the Finance Bill 2024 and set it back to Parliament with a memorandum indicating that he had rejected all the clauses of the bill. Therefore the rejected bill and the memorandum will be tabled on the floor for a vote.”
According to Wetangula, the law stipulates that any member of Parliament who wants to overturn the bill and memorandum must garner two thirds (233) member vote and therefore a vote must be conducted on rejected Finance Bill.
“This addresses the issue I have seen in the media that the bill was going to be operational within 14 days of rejection because Parliament was in recess. That is not true. The bill is in limbo, it is in purgatory awaiting parliament vote.”
Wetangula further said that the house will be discussing the supplimentary budget that has been brought by government due to the austerity measures to ensure budget cuts and the report by the Parliamentary Budget and Appropriation committee will be tabled in Parliament.
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The division of revenue bill will also be tabled upon resuming of businesses of the house to ensure that both counties and national government must take financial cuts on revenue allocation too.