REPUBLIC OF KENYA PARLIAMENT . NATIONAL ASSEMBLY BILLS (No. 26 of 2024) THE PUBLIC FINANCE MANAGEMENT (AMENDMENT) (NO. 2) BILL, 2024 (A Bill published in the Kenya Gazette Supplement No. 90 of 16th April, 2024 and passed by the National Assembly, w with amendments, on 14th March, 2025) N.A. /B/No. 26/2024
The Public Finance Management (Amendment) (No. 2) Bill, 2024 THE PUBLIC FINANCE MANAGEMENT (AMENDMENT) (NO. 2) BILL, 2024 A Bill for AN ACT of Parliament to amend the Public Finance Management Act and for connected purposes ENACTED by the Parliament of Kenya as follows— 1. This Act may be cited as the Public Finance Management (Amendment) (No. 2) Act, 2025. 2. The Public Finance Management Act, hereinafter referred to as the "principal Act", is amended in section 23 by deleting the words "three months" appearing in subsection (1) and substituting therefor the words "two months". 3. The principal Act is amended in section 24 (10) by deleting the words "three months" appearing in paragraph (b) and substituting therefor the words "two months". 4. The principal Act is amended in section 68— (a) in the introductory statement by inserting the words "or the Auditor-General under Article 229(7) of the Constitution" immediately after the word "Constitution"; (b) in subsection (2) by deleting the words "three months" appearing in paragraph (k) and substituting therefor the words "two months"; (c) in subsection (4) (b) by inserting the words" Auditor General" immediately after the word "national Treasury"; and (d) by inserting the following subsection immediately after sub-section (4) — "(4A) An accounting officer who does not implement the recommendations made under sub-section (4) shall be liable to the penalty provided for under section 199." 5. The principal Act is amended in section 80 by deleting the words "four months" appearing in subsection (4) and substituting therefor the words "two months". Short title. Amendment of section 23 of Cap. 412A, Amendment of section 24 of Cap. 412A, Amendment of section 68 of Cap. 412A. Amendment of section 80 of Cap. 412A,
The Public Finance Management (Amendment) (No. 2) Bill, 2024 6. The principal Act is amended in section 81 by deleting the words "three months" appearing in subsection (4) and substituting the words "two months". 7. The principal Act is amended in section 82 — (a) by deleting the words "three months" appearing in subsection (3) and substituting therefor the words "two months"; and (b) by deleting the words "three months" appearing in subsection (4) and substituting the words "two months". 8. The principal Act is amended in section 115 by deleting the words "three months" appearing in subsection (1) and substituting therefor the words "two months". 9. The principal Act is amended in section 116 (7) by deleting the words "three months" appearing in paragraph (b) and substituting therefor the words "two months". 10. Section 129 of the principal Act is amended in subsection (2)(a) by deleting the words "except the Finance Bill,". 11. The principal Act is amended by inserting the following new section immediately after section 131— Submission, passing County consideration and of the Finance Bill. 131A. (1) County Executive Committee S . Member for finance shall submit to the County Assembly, on or before 30th April, the County Finance Bill setting out the revenue measures for the County Government (2) Following submissions of the County Finance Bill by County Executive Committee member for finance, the relevant committee of the County Assembly shall introduce the Bill in the County Assembly. (3) The County Assembly shall consider and pass the County Finance Bill, with or without amendments, in time for it to be presented for assent by 30" June each year. Amendment of section 81 of Cap. 412A. Amendment of section 84 of Cap. 412A. Amendment of section 115 of Cap. 412A. Amendment of section 116 of Cap. 412A. Amendment of section 129 of Cap. 412A. Insertion of a new section into Cap. 412A.
The Public Finance Management (Amendment) (No. 2) Bill, 2024 229(7) of the Constitution" immediately after the word "Constitution"; (b) in subsection (2) by deleting the words "three months" appearing in paragraph (k) and substituting therefor the words "two months"; (c WV in subsection (3) by deleting paragraph (b) and substituting therefor the following new paragraph— "(b) submit the report to the county assembly with a copy to the County Treasury, Controller of Budget and Auditor-General." (d) by inserting the following new subsection immediately after subsection (3)— "(3A) An accounting officer who does not implement the recommendations made under subsection (3) shall be liable to the penalty provided for under section 199." 14. The principal Act is amended in section 163 by deleting the words "four months" appearing in subsection (4) and substituting therefor the words "two months". 15. The principal Act is amended in section 164 by deleting the words "three months" appearing in subsection (4) and substituting therefor the words "two months". 16. The principal Act is amended in section 165 by deleting the words "three months" appearing in subsection (3) and substituting therefor the words "two months". 17. The principal Act is amended in section 167 by deleting the words "three months" appearing in subsection (3) and substituting therefor the words "two months". Amendment of section 163 of Cap. 412A. Amendment of section 164 of Cap. 412A Amendment of section 165 of Cap. 412A Amendment of section 167 of Cap. 412A.
The Public Finance Management (Amendment) (No. 2) Bill, 2024 I certify that this printed impression is a true copy of the Bill passed by the National Assembly on the 14th March, 2025 Clerk of. the National Assenibly Endorsed for presentation to the Senate in accordance with the provisions of Standing Order 142 of the National Assembly Standing Orders specter) specter)