President William Ruto had assented to the Tax Laws (Amendment) Bill, 2026, and the Kenya Revenue Authority (Amendment) Bill, 2026.
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The Bill, now Act, was sponsored by the Leader of the Majority Party and Member for Kikuyu Constituency, Kimani Ichung’wah.
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Majority Leader Kimani Ichung’wah lauded the Budget Policy Statement for emphasizing fiscal consolidation, which will stabilize public debt and ensure funds are available for development programs.
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The Bill, which sought to allow owners or claimants of unclaimed financial assets to designate payments to another person, had progressed to the Committee of the Whole House but will no longer proceed
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Led by former Thika Town Mayor, John Waweru, the delegation carried a white-male goat to Natembeya to express their remorsefulness.
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In the past two years, the President noted, key development programmes had stalled due to economic challenges. He, however, pledged that this year, Kenyans will witness the implementation of various programmes
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Led by Dennis Wambalaba, the angry residents said Ichungwah's remarks were meant to demean the governor who spoke against abductions.
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The Bill amends Section 37E to extend the tax amnesty period that expired on June 30, 2024.
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