The French president announced his decision after the two houses of the French Parliament failed to agree on the nature of the reforms.
French lower house approves by a margin of 14 votes the measure to be written into the constitution and which has divided ruling socialist camp.
Government confirms it will seek a three-month extension of state of emergency and legislate to strip citizenship of convicted terrorists.
The high-profile minister was known to disagree with controversial plans to strip people convicted of terrorism of their French citizenship.
Row over plans to strip all terrorists, not just dual nationals, of French citizenship, as critics say move breaches international accords.
Members of ruling party want key committee to rule that President Hollande and Prime Minister Valls's idea is against its principles.
France’s constitutional council has reject an appeal by Ahmed Sahnouni against PM’s decision in 2014 to strip him of his adopted nationality.
The French actor was given a standing ovation for his performance in the American play Love Letters at the Theatre Antoine in Paris.
The head of luxury group LVMH said he always denied the move was for tax reasons but had abandoned plans to avoid 'any ambiguity'.