House of Representatives debates constitutional amendments

August 22, the House of Representatives debated three bills.

The most significant of them includes the widely discussed constitutional amendments that were proposed by the Dean Barrow administration more than 3 months ago. The new legislation proposes changes to citizens’ private rights to petroleum, minerals and accompanying substances. It also discusses rights to the constitution and powers of the Senate. The law covers a 3-term limit for an individual holding the Office of the Prime Minister; the recall of House members; the reconstitution of the Judicial and Legal Services Commission; the Belize National Coast Guard Service’s inclusion under Belize’s security services; and the termination of the Auditor General for not producing a timely report to the National Assembly.

Other bill that was debated was the Income and Business Tax Amendment Bill. It features a new surcharge on petroleum companies, the premier one being Belize Natural Energy. This will allow the Government to levy a windfall tax on receipts from crude oil sales above USD 90 a barrel.

The third debated bill was the Customs and Excise Amendment Bill.

Comments are closed.