Finance Bill - Royal Ascent

[chubacabra]

You are correct just seen this piece..

"The House of Lords has a limited role in respect of Finance Bills. The House of Commons has the sole right to initiate and amend bills whose main purpose is to levy taxes or authorise expenditure.

The House of Lords will have a second reading debate on the Finance Bill but they will not consider the Bill clause by clause and will not amend the Bill."

Therefore all will be done and dusted tomorrow

I thought the bill would then have to go to the committee stage where they dissect it in detail, hearing any objections along the way?

I live in hope lol!

[eek]

Its also worth stating that tomorrow the Lords will be focused on the Data Retention & Investigatory Powers Bill which is in the Commons today.

The finance bill will sail through the House of Lords in the time it takes to call a vote...

[Sausage Surprise]

I think Charles is next in line I believe

[turbowoowoo]

Royal Ascent

You are correct just seen this piece..

"The House of Lords has a limited role in respect of Finance Bills. The House of Commons has the sole right to initiate and amend bills whose main purpose is to levy taxes or authorise expenditure.

The House of Lords will have a second reading debate on the Finance Bill but they will not consider the Bill clause by clause and will not amend the Bill."

Therefore all will be done and dusted tomorrow

[regron]

Hi,

All due to complete tomorrow:

Latest news on the Finance Bill 2013-14 to 2014-15

First reading took place on 3 July. This stage is a formality that signals the start of the Bill's journey through the Lords.

Second reading - the general debate on all aspects of the Bill - and all remaining stages - is scheduled for 16 July.

Finance Bill 2013-14 to 2014-15 — UK Parliament

[turbowoowoo]

With Parliament due to rise 22nd July, what happens if the bill is still going through the House of lords?

By looking at the dates below I cant see how it can receive Royal Ascent in July.... Will this bill continue when parliament returns after the summer resses?

House of Lords

First reading (Lords) 3/7/14

Second reading (Lords) 16/7/14

Committee stage (Lords) Usually two weeks after 2nd reading

Report stage (Lords) Usually a few weeks after Committee stage

Third reading (Lords)

Consideration of amendments

Royal Assent