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Money Bill Challenge
October 11 , 2023
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- The Supreme Court will soon be set up seven-judge bench to hear a batch of pleas challenging the Centre’s use of the Money Bill route to pass certain key legislations.
- The 7- judge bench will essentially examine whether a law was validly categorised as a Money Bill or only to circumvent scrutiny of the Rajya Sabha.
- Article 110 of the Constitution deals with Money Bills.
- A money bill is a bill that, in the opinion of the Speaker of the Lok Sabha, deals with taxation or the appropriation of public funds — the Consolidated Fund of India or the Contingency Fund of India.
- A money bill can only be introduced in the Lok Sabha, and the Speaker categorising a bill as a “money bill”.
- If any question arises whether a Bill is a Money Bill or not, the decision of the Speaker of the House of the People thereon shall be final.
- The matter of the money bill came into question when the Centre passed the Aadhaar Act in 2016.
- The amendments made to the Prevention of Money Laundering Act (PMLA) were introduced as money bills.
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