First Reading of the Bill for the Amendment of the Income Tax Act (201 SE)

Session: 15th Riigikogu, 3rd sitting, plenary session

Date: 2024-01-17 19:01

Participating Politicians:

Total Speeches: 10

Membership: 15

Agenda Duration: 1m

AI Summaries: 10/10 Speeches (100.0%)

Analysis: Structured Analysis

Politicians Speaking Time

Politicians

Analysis

Summary

This current agenda item addressed the first reading of Draft Act 201, an amendment to the Income Tax Act, initiated by Riigikogu members Rene Kokk and Arvo Aller. The primary objective of the draft was to lower the corporate income tax rate. The initiator, Rene Kokk, presented the draft before the Riigikogu, requesting support. Although he initially sought additional time for his presentation, he limited himself to a brief and specific introduction, merely emphasizing the content of the bill and asking for its endorsement.

Subsequently, the lead committee, the Finance Committee, presented its position. Committee Chairman Annely Akkermann proposed rejecting the draft during the first reading. As there was no request to open debate, the proceedings moved immediately to a vote. The Riigikogu supported the lead committee's proposal to reject the draft with an overwhelming majority (35 in favor, 6 against). Consequently, Draft Act 201 was dropped from the legislative procedure.

Decisions Made 1
Collective Decision

Bill 201 was rejected during the first reading and subsequently dropped from the proceedings, supporting the proposal put forth by the leading committee (the Finance Committee).

Most Active Speaker
Rene Kokk
Rene Kokk

Eesti Konservatiivse Rahvaerakonna fraktsioon

The most active speaker was Rene Kokk, who was both the initiator and the rapporteur of the bill. He represented the position supporting the draft legislation (specifically, backing the reduction of the corporate income tax rate) and delivered a short presentation, which was preceded by a brief dialogue concerning the allotted speaking time.

Aseesimees Jüri Ratas
19:01:32
AI Summary

The Riigikogu is debating the draft act to amend the Income Tax Act, which was initiated by Rene Kokk and Arvo Aller, and Riigikogu member Rene Kokk has been asked to serve as the bill's presenter.

Rene Kokk
Rene Kokk
Profiling Eesti Konservatiivse Rahvaerakonna fraktsioon
19:01:46
AI Summary

Rene Kokk thanks them and asks if it is possible to get extra time.

Aseesimees Jüri Ratas
19:01:51
AI Summary

Deputy Speaker Jüri Ratas simply replied, "It can be done," indicating that it was possible.

Rene Kokk
Rene Kokk
Profiling Eesti Konservatiivse Rahvaerakonna fraktsioon
19:01:53
AI Summary

Rene Kokk suggests setting aside three minutes just in case.

Aseesimees Jüri Ratas
19:01:57
AI Summary

He notes that the matter will be discussed later, but right now, he is taking your proposal on board and will try to start reaching an agreement.

Rene Kokk
Rene Kokk
Profiling Eesti Konservatiivse Rahvaerakonna fraktsioon
19:02:03
AI Summary

Rene Kokk presented Bill No. 201, which aims to reduce the corporate income tax rate, and requested everyone’s support for it.

Aseesimees Jüri Ratas
19:02:21
AI Summary

The Chair thanks the assembly, notes that there are no questions, and now invites Annely Akkermann, the Chair of the Finance Committee, to the Riigikogu rostrum to deliver her report.

Annely Akkermann
Annely Akkermann
Profiling Eesti Reformierakonna fraktsioon
19:02:27
AI Summary

The Finance Committee debated the bill and decided to propose its rejection.

Aseesimees Jüri Ratas
19:02:37
AI Summary

Ratas stated that there were no questions and he did not recommend opening a debate, directed the proceedings toward preparations for the vote, and moved for the rejection of the leading committee's Draft Bill 201 at the first reading, asking members to take a stand and cast their vote.

Aseesimees Jüri Ratas
19:03:20
AI Summary

Deputy Speaker Jüri Ratas announced that the result of the first reading of draft bill 201 was 35 in favor, 6 against, and there were no abstentions. The draft bill is dropped from the proceedings, and the 30th item on the agenda has been concluded.