Finance Bill 2010
Finance Bill 2010, the second one of the year, has been published and is going through the traditional stages in both the House of Commons and House of Lords before it becomes the Finance (No 2) Act 2010.
This Finance Bill contains the legislation for some of the main proposals which were announced on 22 June 2010 by the Chancellor. The second reading of the Finance Bill took place on 6 July 2010 and the two Committee debates on 13 and 15 July 2010.
The Bill will now go through a similar process in the House of Lords before becoming law. The current Bill is expected to receive Royal Assent before Parliament rises for the summer recess.