When a bill is passed by the Parliament and assented by the President, the same becomes a Law. Legislative Procedure is laid down under Article 107 to Article 111.
Note. A Bill is a statute in the draft form and cannot become law unless it has received the approval of both the Houses of Parliament and the assent of the President of India.
• The process of lawmaking begins with the introduction of a Bill in either of the Houses of Parliament.
• A Bill can be introduced either by a Minister or a Member other than a Minister In the former case, it is known as a Government Bill and in the latter case, it is known as a Private Member’s Bill.
The Bills introduced in the Parliament are classified into four categories:
1. Ordinary bills. – Which are concerned with any matter other than financial subjects and can be introduced in both the Houses of the Parliament.
2. Money bills. – Which are concerned with financial matters like taxation, public expenditure, regulation of borrowings by the Central Government, etc., and can only be introduced in Lok Sabha with the consent of the President
3. Financial bills. – Which are also concerned with financial matters (but are different from money bills) categorized as Financial Bill Type A (primarily concerned with matters falling within Article 110 and additional matters) & Financial Bill Type B (primarily concerned with the matters concerning expenditure from the Consolidated Fund of India).
4. Constitution Amendment bills. Which are concerned with the Amendment of the – provisions of the Constitution.
