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National Assembly passes bill to speed up fast-track bill reviews

Created at 20 Aug · 7:56 AM1 source↑ Market-relevant
IN SHORT

South Korea's National Assembly passed a bill to shorten the review period for fast-track legislation to a maximum of 90 days, down from 330 days. The move faced opposition from the main opposition party.

Key Numbers

90 daysnew maximum review period for fast-track bills
330 dayscurrent maximum review period for fast-track bills
153-81vote count for the bill
60 daysreview period at standing committee under new law
30 daysreview period at legislation and judiciary committee under new law
180 dayscurrent review period at standing committee
90 dayscurrent review period at legislation and judiciary committee

Who's Involved

National Assembly
passed a bill to speed up legislative review
People Power Party
opposed the bill, citing insufficient deliberation
National Assembly passes bill to speed up fast-track bill reviews

↳ Why This Matters

The legislation aims to streamline the legislative process and prevent bills from languishing in parliament, potentially impacting the speed at which new laws are enacted.

Key facts

  • The National Assembly passed a bill to shorten the review period for fast-track legislation.
  • The new law reduces the maximum deliberation period for fast-track bills to 90 days from the current 330 days.
  • The revision passed with a 153-81 vote.
  • The opposition People Power Party objected to the bill, citing insufficient deliberation.
  • A separate motion recommended three candidates for a special inspector general position.

The National Assembly passed a bill on Thursday to significantly shorten the deliberation period for fast-track bills to a maximum of 90 days, a substantial reduction from the current 330 days. The revision to the National Assembly Act passed with a 153-81 vote in a plenary session. The main opposition People Power Party (PPP) objected to the bill, arguing that the ruling party was pushing it through unilaterally without adequate discussion. Under the revised law, fast-track bills will have a 60-day review period in a standing committee and a 30-day period in the legislation and judiciary committee. Previously, a fast-track bill could take up to 180 days in a standing committee and 90 days in the judiciary committee, with automatic progression to a plenary vote if not completed within those times. The bill also mandates that a fast-tracked bill cleared by the judiciary committee must be proposed at the first parliamentary plenary session following its approval. Fast-track designation requires approval from at least three-fifths of lawmakers, enabling passage even without bipartisan consensus to prevent legislative stagnation. Separately, the Assembly also approved a motion to recommend three candidates for a special inspector general position, tasked with investigating corruption within the president's family. The president will now select one of these candidates for the role, which has been vacant since 2016.

Frequently asked questions

The bill significantly shortens the maximum deliberation period for fast-track bills from 330 days to 90 days.

The main opposition People Power Party opposed the bill, arguing it was being pushed through without sufficient deliberation.

Fast-track bills will now have 60 days for review in a standing committee and 30 days in the legislation and judiciary committee.

The Assembly approved a motion recommending three candidates for a special inspector general position.

What Happens Next

01The president will select one of the three recommended candidates for special inspector general.

How It Developed

A bill to shorten the review period for fast-track bills was passed by the National Assembly.
The new law reduces the maximum deliberation period to 90 days from 330 days.
The revision faced objections from the main opposition People Power Party.
A motion recommending three candidates for special inspector general was also approved.

Sources

T1
Nat'l Assembly passes bill to speed up review of fast-track billsYonhap News Agency

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