When can a bill be defined as a money Bill and how does it differ from other Bills
Explain the conditions under which a bill can be classified as a money Bill and elucidate the distinctions between money Bills and other types of Bills.
A bill can be classified as a money bill if it solely pertains to financial matters, such as taxation, government expenditure, borrowing of money, or appropriation of funds.
- Money bills can only be introduced in the lower house of a bicameral parliament.
- They require the recommendation of the President or Governor to be introduced.
- Money bills cannot be amended by the upper house, making the process faster.
- Money bills must be passed within 14 days by the upper house, or it is deemed to have been passed.
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9 months ago