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Riigikogu Finance Committee rejects all amendments to state budget

  • 2012-11-07

TALLINN - The Riigikogu Finance Committee rejected all 100 amendment proposals to the 2013 draft state budget made after the first reading of the bill and decided to send the bill for the second reading to the parliament on November 14, LETA/Postimees Online reports.

Chairman of the Finance Committee Sven Sester said that a lot of the proposals that had been submitted contradicted the state budget base law, for example they mentioned as source for financing revenues that the current laws don’t prescribe.

The other reason why the amendment proposals were not supported was that tax increases for both private individuals and companies were listed as financing sources. "The government coalition wishes today to rather lower the tax burden, by reducing both labor and entrepreneurship taxes so that people could keep more money," he said.

The committee decided to send the draft state budget for a second reading in the parliament on November 14 and expects amendment proposals before the third and final reading of the bill by November 28.