Object of the Bill
The object of this bill is to amend section 21 of the Income Tax Act, Cap. 338, to exempt the income of the Bujagali Hydro Power Project from tax.
Bill Document
Other Attachments
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CFI for Income Tax Amendment (Amendment)Bill, 2025.pdf
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The Income Tax (Amendment) Bill, 2025.
Sponsored By Hon. Matia Kasaija (Minister of Finance, Planning and Economic Development)
Committee: The Committee on Finance, Planning and Economic Development
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First Reading/Committee
The bill is still at First Reading, and the first stage is a passage through the floor of parliament. This stage is usually a formality, primarily focusing on introducing the Bill to the Parliament. It takes place without debate, and the first reading of a Bill can occur anytime in a parliamentary session. The significance of this stage lies in the fact that it marks the formal introduction of the Bill to the Parliament, setting the stage for further discussions and debates.
Second Reading
The bill is in the second stage. The second reading is the first opportunity for MPs to debate the main principles of the Bill. It usually takes place up to 45 days after the first reading. Once the second reading is complete, the Bill proceeds to the committee stage, where each clause (part) and any amendments (proposals for change) to the Bill may be debated.
Third Reading
Parliament has passed the Bill. The third reading is the final chance for the Members of Parliament to debate its contents. Here, the debate is usually short and limited to what is actually in the Bill rather than, as at the second reading, what might have been included.
Presentation/Waiting Assent
Assented by President
End
Bill passed on 01/01/1970
Bill Withdrawn on 01/01/1970