Interest Grows Over Passage of Housing Supply Bills

On the afternoon of August 26, the National Assembly is scheduled to hold a plenary session to process major bills and resolutions. Attention is focused on whether the resolution calling for the expulsion of Assemblywoman Lee Jinsook of the People Power Party, which passed the Steering Committee the previous day, will be taken up in the plenary session.

National Assembly plenary chamber. Photo by The Asia Business Daily

National Assembly plenary chamber. Photo by The Asia Business Daily

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There is also interest in whether the housing supply-related bills will be dealt with. The ruling and opposition parties have been discussing the revision bills for the Special Act on the Establishment of Yongsan Park, the Urban and Residential Environment Improvement Act, and the Urban Renewal Promotion Act. The Democratic Party argues for the passage of these bills, noting that some provisions related to Yongsan Park development are not contested by either side. However, the People Power Party maintains that only non-contentious bills can be processed. This reflects a difference in approach between the ruling party's drive for rapid legislative passage and the opposition’s stance.


Before the plenary session, the full meeting of the Legislation and Judiciary Committee, scheduled for the morning, will review 26 bills, including follow-up laws on prosecutorial reform: the National Assembly Act revision bill to make the Chief of the Serious Crimes Investigation Agency subject to a parliamentary confirmation hearing, and amendments to the Confirmation Hearing Act that outline the procedures for the confirmation of the Chief of the Serious Crimes Investigation Agency.


The committee will also review a follow-up amendment to the Prosecution Office Act, which reorganizes the current prosecution structure and positions in line with the establishment of the Prosecution Office and the Serious Crimes Investigation Agency. Depending on the committee’s decisions, additional items may be added to the plenary session’s agenda in the afternoon.



The bills to be presented to the plenary session are expected to be finalized through the ruling and opposition floor leaders’ last-minute negotiations.


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