The French Senate (upper house of Parliament) on February 29 rejected for the second time a draft of the First Amended Finance Act for 2012, but with a parliamentary committee also unable to reach an agreement, and at the request of the government, the National Assembly (lower house) bypassed the Senate and approved the First Amended Finance Act for 2012 in its entirety.

The original draft had been amended and adopted by the National Assembly on February 16, and again (with no further amendments) on February 28. The most important amendments are summarized below.

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