First Reading: A Minister or Member-in-Charge of the Bill, first seeks the leave of the House to introduce the Bill. By convention, no debate takes place at this stage. The House generally indicates by voice (Ayes) that leave is granted. Thereafter, the speaker asks the Minister concerned to introduce the Bill. After the Bill has been introduced, the First Reading is deemed to be over.
Second Reading: This is the consideration stage of the Bill, and is further divided into three stages :- I Stage (General Discussion) ; II Stage (Examination by Committee) ; III Stage (Clause by clause discussion)
Third Reading: The next stage is the Third Reading. The member-in-charge of the Bill moves that “the Bill be passed”.
Procedure in the other than House
After a Bill, other than a Money Bill, is transmitted to the Rajya Sabha, it goes through all the stages in that House as described above (Similar Three Readings). If the Rajya Sabha passes the Bill is then presented to the President for assent.
When a Bill has been passed by both Houses of Parliament either singly or at a joint sitting, it is presented to the President for his assent. The President can assent or withhold his assent to a Bill or he can return a Bill, other than a Money Bill, with his recommendation.
Article 110 defines Money Bill. Bills which exclusively contain provisions for imposition and abolition of taxes, for appropriation of moneys out of the Consolidated Fund, etc., are certified as Money Bills. Money Bills can be introduced only in Lok Sabha. Rajya Sabha cannot make amendments in a Money Bill passed by Lok Sabha and transmitted to it. It can, however, recommend amendments in a Money Bill, but must return all Money Bills to Lok Sabha within fourteen days from the date of their receipt. It is open to Lok Sabha to accept or reject any or all of the recommendations of Rajya Sabha with regard to a Money Bill. If Lok Sabha accepts any of the recommendations of Rajya Sabha, the Money Bill is deemed to have been passed by both Houses with amendments recommended by Rajya Sabha and accepted by Lok Sabha and if Lok Sabha does not accept any of the recommendations of Rajya Sabha, Money Bill is deemed to have been passed by both Houses in the form in which it was passed by Lok Sabha without any of the amendments recommended by Rajya Sabha. If a Money Bill passed by Lok Sabha and transmitted to Rajya Sabha for its recommendations is not returned to Lok Sabha within the said period of fourteen days, it is deemed to have been passed by both Houses at the expiration of the said period in the form in which it was passed by Lok Sabha.
A Bill is deemed to be a ‘Money Bill’ if it contains only provision dealing with all or any of the following matters:
The imposition, abolition, remission, alteration or regulation of any tax;
The regulation of the borrowing of money by the government;
The custody of the Consolidated Fund of India or the Contingency Fund of India, the payment of money into the Consolidated Fund of India or withdrawal of money from such fund’ ;
The appropriation of money out of the Consolidated Fund of India’
The declaring of any expenditure charged on the Consolidated Funds of India;
The receipt of money on a account of the Consolidated Fund of India/ the Public Account of India or issue of such money or the audit of the account of the Union or of a State;
Any matter incidental to any of the matters specified in sub-clause (a) to (f).
If any question arises whether a bill is a Money Bill the decision of the Speaker of the Lok Sabha on it shall be final.
Team Aspirant Forum