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A money bill is deemed to have passed both houses with any recommended amendments the Lok Sabha chooses to accept, and without any that it chooses to decline. The definition of "Money Bill" is given in Article 110 of The Constitution of India. A financial bill is not a Money Bill unless it fulfills the requirements of Article 110.
The procedure overrides the Senate's filibuster rules, which may otherwise require a 60-vote supermajority for passage. Bills described as reconciliation bills can pass the Senate by a simple majority of 51 votes or 50 votes plus the vice president's as the tie-breaker.
The house may debate and amend the bill; the precise procedures used by the House of Representatives and the Senate differ. A final vote on the bill follows. Once a bill is approved by one house, it is sent to the other, which may pass, reject, or amend it. For the bill to become law, both houses must agree to identical versions of the bill. [6]
These two bills cannot be referred to a joint sitting: 1. Money Bill. Under the Constitution of India, money bills require the approval of the Lok Sabha only. The Rajya Sabha can make recommendations to the Lok Sabha, which it is not required to accept. Even if the Rajya Sabha does not pass a money bill within 14 days, it is deemed to have been ...
In case of passing a constitutional amendment bill, two-thirds of the total members present and voted in favor of the bill with more than half of the total membership of a house present and voting in all, is required according to Article 368 of the Constitution.
The Line Item Veto Act of 1996 gave the president the power of line-item veto, which President Bill Clinton applied to the federal budget 82 times [8] [9] before the law was struck down in 1998 by the Supreme Court [10] on the grounds of it being in violation of the Presentment Clause of the United States Constitution.
Introduced by Reps. Abigail Spanberger, D-Va., and Garret Graves, R-La., the bill was passed by the House in a 327-75 vote late Tuesday night, after a last-ditch effort to derail it by members of ...
The Origination Clause, sometimes called the Revenue Clause, [1] [2] is Article I, Section 7, Clause 1 of the U.S. Constitution.The clause says that all bills for raising revenue must start in the U.S. House of Representatives, but the U.S. Senate may propose or concur with amendments, as in the case of other bills.