Finance (No. 2) Act 2010
Following agreement by both Houses on the text of the Bill it received Royal Assent on 27 July. The Bill is now an Act of Parliament (law). The annual Finance Bill encompasses all the changes to be made to tax law for the year. Its formal description is "a Bill to grant certain duties, to alter other duties, and to amend the law relating to the National Debt and the Public Revenue, and to make further provision in connection with finance."
Government Bill
(HM Treasury)The Finance (No. 2) Act 2010 was a Government Bill that became an Act of Parliament.
Is this Bill currently before Parliament?No. This Bill was introduced on 28 June 2010 and became an Act of Parliament on 27 July 2010.
Whose idea is this Bill?Government Bills implement the legislative agenda of the Government. This agenda, and the Bills that will implement it, are outlined in the Queen's Speech at the Session's State Opening of Parliament.
How can I find out exactly what this Bill does?The most straightforward information is contained in the initial Explanatory Notes for the Bill.
Would you like to know more?See these Glossary articles for more information: Act of Parliament, Government Bills, Process of a Bill
Official Bill Page Initial Explanatory Notes
This bill has received Royal Assent and has become an Act of Parliament
Bill Progession through Parliament