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South Korean National Assembly regular session

Updated 4 times since CLSTR started tracking revisions of this situation.

What changed

2026-09-08 03:31 UTC → 2026-09-09 21:46 UTC · added removed

The South Korean National Assembly has commenced its 100-day regular session, focusing on the 2027 budget—projected at approximately 800 trillion won—and budget and various livelihood-related legislative agendas. Democratic Party leader Kim Min-seok has detailed proposed a legislative agenda centered on series of reforms, including constitutional reform, economic revitalization, and regional development. During his first representative speech, Kim proposed amending the constitution amendments to include the May 18 Gwangju Democratization Movement and the Buma Democratic Protests in the preamble. He also advocated for preamble, alongside political reforms, such as adjusting the number of negotiating groups and suggesting lawmakers sit in alphabetical order during plenary sessions to foster cooperation. Additionally, he called for police reform to follow previous prosecution reform efforts. On the reforms. His economic front, Kim introduced agenda includes the ‘Three Mega Projects’ to expand the semiconductor industry beyond the capital region into provinces like Honam, Chungcheong, and Yeongnam via the a ‘Mega Special Zone Act’. He proposed using tax revenues from Act’ and the AI semiconductor boom to establish creation of a ‘Future Response Fund’ to support youth and regional talent. Regarding housing, the Democratic Party aims to accelerate the development of 3rd generation new cities by 2030 and promote a ‘Housing New Deal’ for price stability. using AI semiconductor tax revenues. The People Power Party has responded critically. Leader Jang Dong-hyeok argued that meaningful constitutional reform is contingent upon President Lee Jae-myung declaring he will not seek reelection. rejected these proposals. Floor Leader Jeong Jeom-sik has further challenged accused the Democratic Party’s agenda, accusing them Party of using constitutional reform to protect the President from legal consequences. Jeong proposed alternative policies, including consequences, instead advocating for the abolition of the early voting system, voting, the restoration of supplementary prosecutorial investigation rights rights, and private redevelopment deregulation. As the session progresses, the Assembly has entered four days of interpellation sessions characterized by intense partisan friction. Debates are now targeting President Lee Jae-myung’s recent cabinet reshuffle, specifically nominees for prosecutors, the Ministry of Justice and the deregulation Ministry of private redevelopment to boost housing supply. He Gender Equality. Legislative focus has shifted toward significant prosecution reforms aimed at restructuring the prosecution office into two separate agencies for investigations and indictments by October. Lawmakers also called continue to clash over constitutional amendments, including a proposal for a special investigation into single-stock leverage ETFs four-year, two-term presidential system. The Bank of Korea has noted that such prolonged political contention may lead to increased operational uncertainty and criticized government semiconductor investments in the Honam region. shortened corporate investment horizons.

Versions

  1. 2026-09-09 21:46 UTC South Korean National Assembly regular session
  2. 2026-09-08 03:31 UTC South Korean National Assembly regular session
  3. 2026-09-07 12:54 UTC South Korean National Assembly regular session
  4. 2026-09-07 03:03 UTC South Korean National Assembly regular session
  5. 2026-09-07 01:53 UTC South Korean National Assembly regular session

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