The Economic Secretary to the Treasury, Harriett Baldwin, opened the debate. Shadow Minister for the Treasury, Barbara Keeley, responded on behalf of the Opposition.
The Bill passed Second Reading without a division and will now be considered by a Public Bill Committee.
Summary of the National Insurance Contributions (Rate Ceilings) Bill
A Bill to set a ceiling on the main and additional primary percentages, the secondary percentage and the upper earnings limit in relation to Class 1 national insurance contributions.
Progress of the Bill
The National Insurance Contributions (Rate Ceilings) Bill is a public bill introduced to Parliament by the government.The first reading in the House of Commons took place on 14 July 2015.
Keep up to date with all the proceedings and documentation, including amendment papers, on the National Insurance Contributions (Rate Ceilings) Bill and find out how a bill becomes an Act of Parliament.
House of Commons Library analysis
The House of Commons Library produces briefing papers to inform MPs and their staff of key issues. The papers contain factual information and a range of opinions on each subject, and aim to be politically impartial.
The Library has published a briefing paper for second reading.
What happens at second reading?
At second reading the House debates the whole principle of the bill. It usually takes place no sooner than two weekends after first reading.
The Member in charge or the Minister moves the motion 'that the bill be now read a second time'. MPs then debate the bill. At the end of the debate the Speaker determines whether there are any objections to the motion being debated and asks for the Ayes and Noes.
Members voice their opinion, and if no objections are made, the bill passes second reading without a vote. If the Speaker believes Members have voiced disagreement, a division is called and a vote taken.
What happens after second reading?
If the Bill passes second reading, and the programme motion is agreed, the Bill will progress to a Public Bill Committee which will conclude by Tuesday 27 October 2015.
The programme motion would also schedule the report and third reading stages to take place over one day. If the carry over motion is agreed the Bill will be resumed in the next session of Parliament if not previously concluded in this session.
Watching proceedings from the public gallery
UK residents and overseas visitors can watch proceedings in the House of Commons by visiting the public gallery.
This article was produced by the Commons Digital Outreach Team. Follow the @HouseofCommons on Twitter for updates on the UK House of Commons Chamber.