First reading of the Bill for the Amendment of the Income Tax Act (198 SE)
Session: 15th Riigikogu, 3rd sitting, plenary session
Date: 2024-01-17 18:10
Participating Politicians:
Total Speeches: 6
Membership: 15
Agenda Duration: 2m
AI Summaries: 6/6 Speeches (100.0%)
Analysis: Structured Analysis
Politicians Speaking Time
Politicians
Analysis
Summary
The substance of the agenda item was the first reading of Draft Act 198 on amendments to the Income Tax Act, initiated by Riigikogu members Jaak Valge, Arvo Aller, and Varro Vooglaid. The objective of the draft act, which was presented by rapporteur Jaak Valge, was to lower the income tax rate to 18.5%. The initiators’ motivation was to alleviate the economic crisis by leaving more money in the hands of citizens, which would in turn boost consumption and stimulate the economy.
The Finance Committee, which had been designated as the lead committee, discussed the draft act and presented its position through the committee chair, Annely Akkermann. The committee proposed to the Riigikogu that the draft act be rejected during the first reading. Since no questions were posed to the presenters and there was no desire to open debate, they proceeded directly to the vote to decide on the lead committee’s proposal.
Decisions Made 1
The leading committee's proposal to reject Draft Bill 198 during the first reading was adopted by 34 votes in favor (5 against). The draft bill was rejected and dropped from the legislative process.
Most Active Speaker
The most active speaker, who presented the substance and motivation of the draft bill, was Riigikogu member Jaak Valge. He was one of the initiators of the bill and spoke as the rapporteur, explaining that lowering the income tax rate to 18.5% would help stimulate consumption and the economy during the crisis.
Aseesimees Jüri Ratas
AI Summary
The Riigikogu continues with agenda item 16—the first reading of the draft Act on amending the Income Tax Act—with Jaak Valge serving as the rapporteur.
Jaak Valge
Profiling Fraktsiooni mittekuuluvad Riigikogu liikmedAI Summary
The purpose of this bill is to lower the income tax rate to 18.5% so that citizens retain more money during the crisis, which would boost consumption, stimulate the economy, and mitigate the effects of the crisis.
Aseesimees Jüri Ratas
AI Summary
Deputy Speaker Jüri Ratas announced that there were no questions and invited Annely Akkermann, Chairman of the Finance Committee, to the Riigikogu podium to deliver her report.
Annely Akkermann
Profiling Eesti Reformierakonna fraktsioonAI Summary
The Finance Committee discussed the draft bill and decided to propose its rejection.
Aseesimees Jüri Ratas
AI Summary
Deputy Speaker Jüri Ratas conducted a vote, and it was decided to reject the first reading of Draft Act 198.
Aseesimees Jüri Ratas
AI Summary
The result of the vote was 34 in favor, 5 against, with no abstentions; Bill 198 was rejected on the first reading and is hereby dropped from the proceedings; consideration of agenda item 16 is concluded.