16-12-2017, 04:17 PM
(1)1961 - Dowry Prohibition Bill
(2)1978 - Banking Service Commission (Repeal) Bill
(3)2002-POTA Bill
*POTA - Prevention of Terrorism Act
Money Bill (Article 110)
*Money Bill is defined in Article 110 of the Constitution.
*A bill dealing with the imposition, abolition, remission, alteration or regulation of any tax, regulating the borrowing power of the state or matters related to Consolidated Fund and Contingency Fund, is a money bill.
*The Speaker has a special power to certify a money bill.
*To introduce a money bill, prior recommendation of the President is needed.
*If a money bill is sent to the Rajya Sabha after passed by the Lok Sabha, the Rajya Sabha shall return the bill within 14 days. Otherwise the bill will deemed to be passed by both the Flouses even without the approval of the Rajya Sabha.
*Lok Sabha has exclusive authority over money bill.
*When a money bill is sent to the President for his assent he cannot return the bill for reconsideration by the parliament.
*Usually he gives his assent to a money bill passed by the Parliament.
*A money bill of the Union can be introduced only in the Lok Sabha.
SESSIONS OF PARLIAMENT
*There are three sessions of Parliament in a year.
1.Budget Session (February to May)
2.Monsoon Session (July to September)
3.Winter Session (November - December)
*The maximum time gap between two sessions of Parliament is six months.
*Thus the Parliament must meet atleast twice a year.
*Sessions of parliament are summoned by the President on the advice of the Prime Minister.
