Types of Bills in Parliament
A bill is a piece of proposed legislation that a legislature is debating. The legislature must pass a bill before it becomes a law, and in most cases, the executive must also approve it. A bill is referred to as an act of the legislature or a statute once it has been made a law. The four categories listed below can also be used to categorize the bills introduced in Parliament.
- Ordinary bills - These bills deal with anything that is not financial.
- Money bills - These bills deal with monetary issues like taxes, public spending, etc.
- Financial bills - These bills also deal with money-related issues (but differ from money bills).
- Bills for a constitutional amendment – These bills aim to change certain aspects of the Constitution.
The Indian Parliament uses governmental acts to pass laws. After the parliament approves the draft bills, these acts are only included in the Indian Constitution. Different bills are introduced in either chamber of the Parliament to pass a law.
Difference between Public and Private Bills
- Unlike private laws, which only affect certain people and organisations, public legislation deals with issues affecting the entire population or select groups of residents.
- A private bill offers some people benefits (including corporate bodies).
What are the Types of Bills in Parliament?
In the Parliament, there are two different types of bills: public bills (also known as government bills) and private bills (also known as bills introduced by private members). Private and private member's bills differ in a few significant ways, even though they both go through the same general steps and stages in the House.