"In accordance with Article 115(1)(b) of the Constitution, the President, vide a Memorandum dated 26th June 2024, referred the Finance Bill, 2024 back to the National Assembly for reconsideration with reservations recommending deletion of all clauses of the Bill...the President's Memorandum constitutes a rejection of the bill in its entirety; and the decision is informed by the need to reflect the voice of the people of Kenya who have rejected the Bill,"reads the Speakers notification.
Wetang'ula also proceeded to refer the memorandum from the President to the Departmental Committee on Finance which is expected to consider pursuant to the provisions of Standing Order 42(2) and (3).