After months of speculations, members of Prime Minister Shinzo Abe’s Liberal Democratic Party (LDP) finally took a crack at getting the stalled IR Promotion bill on the official legislative calendar—to no avail.
Members of the ruling party made the attempt last Tuesday afternoon, with expectations of debate occurring within the next two weeks. That plan, however, was foiled when minority party, the Democratic Progressive Party (DPP), has—for the time being—blocked the bill from being included on the Diet’s calendar, according to Union Gaming Securities Asia Ltd.
For the bill to be debated, it must first be added in the official agenda, which is set by a committee made up of members from different political parties, according to the brokerage. So far, LDP’s coalition partner, the Komeito, has signaled that they are not opposed to debate on the bill.
Analysts believe that the IR Promotion bill remains “very much alive,” despite the time constraints. The special legislative session will run until the end of November, but there are reports of “serious talk of extending it through the middle of December.”