Basics
- The legislative procedure is identical in both the Houses of Parliament. Every bill has to pass through the same stages in each House.
Bill
- A bill is a proposal for legislation that becomes an act or law when duly enacted.
- Two Types of Bills
Public Bill | Private Bill |
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- Classification of Bills
- Ordinary Bills: Concerned with any matter other than financial subjects.
- Money Bills: Concerned with financial matters like taxation, public expenditure, etc.
- Financial Bills: Concerned with financial matters (but are different from money bills).
- Constitution Amendment Bills: Concerned with the amendment of the provisions of the Constitution.
Difference Between Money Bills and Financial Bills
Characteristics | Money Bills | Financial Bill -1 | Financial Bill – II |
Constitutional Provisions | Article 110 deals with money bills. | Article 117(1) deals with Finance Bill – I
Also deals with matters of general legislation (along with provisions of article 110). |
Article 117(3) deals with Finance Bills-II
Contains provisions involving expenditure from Consolidated Fund of India |
Certification of Speaker | The speaker decides whether a bill is a money bill or not. | No Certification required. | No Certification required. |
Introduced in | Only in Lok Sabha | Only in Lok Sabha | In both houses |
President’s Recommendation | Needed to introduce them. | Required | Not required |
Bills in Rajya Sabha | Cannot be amended or rejected | Can be amended or rejected | Can be amended or rejected |
President’s Power | Can either accept or reject a money bill but cannot return it for reconsideration | Can return it for reconsideration | Can return it for reconsideration |
Joint Sitting of the Houses | No provision to resolve the deadlock. | The President can summon. | The President can summon. |
Difference Between Money Bills and Ordinary Bills
Ordinary Bill | Money Bill |
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