Money bill definition limits state legislation to taxation, borrowing, fund custody and incidental fiscal matters, shaping procedure. A Bill is a Money Bill only if it contains exclusively provisions on specified fiscal matters-taxation measures; regulation of State borrowing, ... Summary
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Money bill definition limits state legislation to taxation, borrowing, fund custody and incidental fiscal matters, shaping procedure.
A Bill is a Money Bill only if it contains exclusively provisions on specified fiscal matters-taxation measures; regulation of State borrowing, guarantees, or financial obligations; custody, receipt, payment or withdrawal of moneys from the Consolidated or Contingency Fund; appropriation of moneys; declaration or increase of expenditures charged on the Consolidated Fund; and matters incidental thereto. Fines, licence or service fees, and local-purpose taxes do not alone make a Bill a Money Bill. The Speaker's decision on Money Bill classification in a bicameral State Legislature is final and must be certified when transmitted or presented.
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