Tomorrow The House Of Representatives Holds Plenary Session, Passing The BUMN Bill Into Law

DPR RI Building. (Irfan Meidianto / VOI)

JAKARTA - Revision of the State-Owned Enterprises Law (BUMN) will be ratified into Law (UU) in a plenary meeting which will be held tomorrow, Thursday, October 2.

This was revealed by Deputy Speaker of the Indonesian House of Representatives, Sufmi Dasco, when met after a meeting with Commission V of the DPR, together with the Minister of Transportation, Deputy Minister of State Secretariat and association of logistics drivers, Wednesday, October 1.

"The SOE Bill tomorrow (is ratified at the Plenary Meeting)," said Dasco.

Furthermore, Dasco said that the plan for the Plenary Meeting would be held at 10.00 WIB.

"Tomorrow, 10:00," he said.

Previously, the Government together with Commission VI of the DPR RI agreed that the revision of Law (UU) Number 1 of 2025 concerning State-Owned Enterprises (BUMN) was brought to the Plenary Meeting to be ratified into law.

This decision was taken after a meeting of Commission VI of the DPR with the Ministry of State Secretariat (Kemensesneg), the Ministry of PAN-RB, and the Ministry of Law discussed the changes to the four regulations at the DPR Building, Jakarta, Friday, September 26.

"The eight factions in commission vi dpaat approved the Draft Law (RUU) on the Fourth Amendment to Law Number 19 of 2003 concerning State-Owned Enterprises (BUMN) to then be brought to level II talks at the DPR RI Plenary Meeting to be approved into law?," asked Chairman of Commission VI DPR Anggia Ermarini to all members of the faction present.

"Agreed," replied all the meeting participants present.

"Thank you," Anggia replied while tapping the hammer as a sign of approval of the decision.

Meanwhile, Deputy Chairman of Commission VI of the DPR and Chair of the Working Committee for the BUMN Bill Andre Rosiade said the Working Committee (Panja) had held a series of meetings in the context of discussing the Draft Law on the fourth Amendment to Law Number 19 of 2003 concerning State-Owned Enterprises.

Andre said the discussion included general opinion with experts, academics, inventory list discussions, and synchronization carried out through the formulation team and synchronization team.

"So there are 84 articles that we have changed in this bill," he said.

Andre said there were 11 points in the revision of the Law on the fourth amendment to Law Number 19 of 2003 concerning State-Owned Enterprises (BUMN).

One of them, said Andre, is the regulation related to institutions that carry out government duties in the BUMN sector with the nomenclature of the BUMN Regulation Agency which is then called BP BUMN.

"So earlier the name was the BUMN Regulatory Agency which was later called BP BUMN," he said.

The following are the details of the 11 points of change contained in the BUMN Bill:

1. Arrangements related to institutions that carry out government duties in the BUMN sector with a nomenclature of the BUMN Regulation Agency which is subsequently called BP BUMN.

2. Adding the authority to play the role of BP BUMN in optimizing the role of SOEs.

3. Regulation of series A Dwi Warna's dividend shares is managed directly by BP BUMN with the approval of the President.

4. Prohibition of concurrent positions for the Minister and Deputy Minister at the Board of Commissioners and Councils or the Supervisory Board of SOEs as a follow-up to the decision of the Constitutional Court.

5. Deleting the provisions of members of the Board of Directors, members of the Board of Commissioners and Supervisory Board are not state administrators.

6. Gender equality for BUMN employees who occupy the position of Director of Commissioners and Manager Positions at BUMN.

7. Taxation treatment for transactions involving the Operational Holding Body, Investment Holding or third party is regulated in Government regulations.

8. Regulate the election of SOE management which is designated as a fiscal tool from BP BUMN.

9. Regulation of the SOE financial audit authority by the Supreme Audit Agency.

10. Arrange an alignment mechanism from the Ministry of SOEs to BP BUMN.

11. Arrangement of the term of concurrent term of office of the Minister or Deputy Minister as BUMN organs since the decision of the Constitutional Court was pronounced, as well as other substantial arrangements.