What is the difference between a money bill and a non-money bill?
Answers
Answer:
money bill implies bill that deals with money matters while non money bill is a ordinary bill
Answer:
Explanation:
An ordinary bill can be understood as any bill that takes into account the matters other than the matters covered in money bill, finance bill, ordinance replacing bills and constitution amendment bills. On the other hand, a money bill implies a bill that deals with money matters, like an imposition, alteration and abolition of taxes, government spending, consolidated funds, borrowings, etc.
Ordinary bills are introduced by a minister or private member in either of the two chambers of Parliament. Conversely, a money bill is introduced at the lower chamber of the Parliament by a minister only.
In case of ordinary bills, no recommendation is made by the President, whereas money bills require the recommendation of the President.
When it comes to the money bill, the President can only accept or reject the bill. Unlike, ordinary bill where the President can accept, reject or return the bill for reconsideration.
The Rajya Sabha can amend or reject the ordinary bill. However, it can only make recommendations to the money bill, but cannot reject it.
The other house of Parliament can detain an ordinary bill for a maximum period of 6 months. In contrast, the Rajya Sabha can hold the money bill for a maximum period of 14 days.
The Speaker’s certification is not required if the bill is first introduced in the Lok Sabha while transferring it to the Rajya Sabha. As against, the Speaker’s approval becomes mandatory in case of a money bill.
Deadlock situation may arise in the case of an ordinary bill, when the two houses are in disagreement or when the other house keeps the bill for more than six months. On the contrary, there are no chances of deadlock in case of a money bill, and so there is no joint sitting of the two houses.