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.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
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.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
AI OCR ✕
of 
TaxTMI 
TaxTMI 
