The National Assembly Thursday voted in favour of the Finance Bill 2024.
The legislators voted by roll call amid widespread protests against the proposed tax measures.
The contentious bill sailed through the second reading after 204 MPs endorsed it against 115 who voted no. There were no abstentions.
The Bill now proceeds to the Committee of the Whole stage where amendments to the text of the Bill are proposed and independent clauses are voted on and any new additions made.
This is a crucial stage as MPs can vote down clauses of the Bill, or vote to keep them or amend them before a report is sent to the House seeking approval.
If it is approved, it moves to the final stage which is the Third reading. Here, no amendments are made and a final vote is taken.
If the MPs approve the Bill, the Speaker of the National Assembly transmits it to the President for assent. The President has 14 days, to assent to it or refer it back to the House with some reservations.
BREAKING: Results of the division on 2nd reading of the Finance Bill 2024
Ayes 204,
Nays 115,
Abstentions 0 #KBCniYetu pic.twitter.com/BDRj2YLcKF— KBC Channel1 News (@KBCChannel1) June 20, 2024
