Community Wealth Fund Bill 2021-22

transfer monies from the Dormant Assets Scheme into a new national endowment called the Community Wealth Fund, to be invested for the purposes of improving the local environments and quality of life of deprived communities, including through building social capital and social infrastructure; and for connected purposes.

Private Members' Bill (under the Ten Minute Rule)

What is this Bill?

The Community Wealth Fund Bill was a Ten Minute Rule Bill tabled by Paul Howell.

Is this Bill currently before Parliament?

No. This Bill is not under active consideration by Parliament, as it was introduced during the previous 2021-22 Session.

Whose idea is this Bill?

As a Private Members' Bill, this Bill represents the individual initiative of an MP (Paul Howell), not the Government.

What type of Bill is this?

A Ten Minute Rule Bill is a process of tabling a bill, where an MP has 10 minutes to advocate for their legislation to the Commons and the Minister responsible.

So is this going to become a law?

No. This Bill did not complete it's passage before the Session completed and is no longer before Parliament. However, it may have been re-introduced under a similar name in a subsequent Session.

Would you like to know more?

See these Glossary articles for more information: Ten Minute Rule Bill, Private Members Bill, Process of a Bill

Share Bill