Bill · started in the Commons

National Debt Cap Bill

A Bill to set a legal cap on the amount of outstanding net Government debt as a percentage of gross domestic product; and for connected purposes

In progress Current stage: 2nd reading (Commons)

The story so farThe National Debt Cap Bill was introduced in the House of Commons on 12 July 2011 by Sajid Javid (Conservative). It is now at second reading in the House of Commons. Second reading is the first debate on the overall principle of the bill; if the bill clears it, detailed committee scrutiny follows.

Progress through Parliament

  1. 1st reading Commons 12 Jul 2011
  2. 2nd reading Commons Current

Source: the official bill page. Last updated 12 Jan 2012.