The House of Commons held the report stage and third reading of the Budget Responsibility and National Audit Bill [HL] on Tuesday 22 March.
MPs considered at report stage an amendment to Clause 1 and an amendment to Clause 2 of the Bill. Both Clauses were withdrawn and the Bill received third reading.
The Budget Responsibility and National Audit Bill [HL] was returned to the House of Lords and received Royal Assent.
Watch and read the views expressed by MPs during report stage and third reading.
Summary of the Bill
The Bill establishes the Office for Budget Responsibility on a statutory basis, following its creation after the 2010 General Election. It requires the Treasury to publish a Charter for Budget Responsibility setting out its approach to fiscal policy.
The Bill also confirms a new corporate governance structure for the National Audit Office, under a new paid post of Chair, who would develop a joint strategy with the Comptroller and Auditor General.
Find more information on all the proceedings on the Budget Responsibility and National Audit Bill [HL] and find out how a Bill becomes an Act of Parliament.
The report stage gives MPs an opportunity, on the floor of the House, to consider further amendments (proposals for change) to a Bill which has been examined in committee.
There is no set time period between the end of committee stage and the start of the report stage.
What happens at report stage?
All MPs may speak and vote. For lengthy or complex Bills the debates may be spread over several days.
All MPs can suggest amendments to the Bill or new clauses (parts) they think should be added.
What happens after report stage?
Report stage is usually followed immediately by debate on the Bill's third reading.
[HL] denotes that the Bill was first introduced into the House of Lords before being considered by the House of Commons.