On the issue of same-sex transnational marriages, lawmakers voted 84-6 against an NPP motion to amend the Cabinet's bill to allow transnational same-sex couples from any country to get married in Taiwan.
The vote is a major victory for the island's LGBT community who have campaigned for years to have similar or equal marriage rights as heterosexual couples and places the island at the vanguard of Asia's burgeoning gay rights movement.
Because of this the government said it would not alter its existing definition of marriage in civil law, and instead would make a special law for same-sex marriage.
The Executive Yuan's version was listed as the first bill to be voted on and legislative rules state that there is no need to vote on other comparable clauses if the previous one is passed.
More than 30,000 supporters held a rally outside the parliament, waving rainbow flags and holding banners in support of...
In a first for Asia, Taiwan legalized same-sex marriage on Friday, which is also the International Day Against Homophobia, Transphobia and Biphobia.
President Tsai Ing-wen has said the government's bill respects both the court judgement and the referendum.
"I congratulate our gay friends for being able to win society's blessing, and I also want to say thanks to those who have different beliefs but still offered support for this law", she wrote in a Facebook post.
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Tsai's ruling Democratic Progressive party (DPP) has a majority in parliament, occupying 68 of 113 seats.
Same-sex marriage supporters shout during a parliament vote on three draft bills of a same-sex marriage law, outside the Legislative Yuan in Taipei, Taiwan, May 17, 2019.
Taiwan's LGBT community has been left in limbo the last two years, with many couples planning weddings before the May 24 deadline but unsure of what marriage equality would look like.
The bill follows a 2017 ruling that Taiwan's ban on same-sex marriage was unconstitutional.
The law, however, allows same-sex marriages only between Taiwanese, or with foreigners whose countries recognise same-sex marriage. "Today, we can show the world that #LoveWins".
Earlier on Friday, Ms Tsai said in a tweet that the island had taken "a big step towards true equality" with the vote.
Mainland China, ruled by the authoritarian Communist Party, remains much more conservative and officials have repeatedly discouraged even the discussion of legalizing same-sex marriage.
Elsewhere in the wider Asia-Pacific region, Australia legalized same-sex marriage in December 2017, and has since held thousands of gay weddings.