TYPES OF BILLS

Public Bill

  • It is introduced in the parliament by a minister.
  • It reflects on the policies of the government (ruling party).
  • To introduce it in the house, a seven-day notice is required.

Private Bill

  • It is introduced by any member of the parliament other than the minister.
  • It reflects the stand of the opposition party on a public matter. 
  • To introduce this bill in the house requires a notice of one month.

Ordinary Bill

  • It can be introduced either in the Lok Sabha or the Rajya Sabha.
  • It can be introduced either by a minister or by a private member.
  • It can be amended or rejected by the Rajya Sabha.
  • It can be detained by the Rajya Sabha for a maximum period of six months.
  • It does not require the certification of the speaker when transmitted to Rajya Sabha (if it has originated in the Lok Sabha),
  • It is sent for the President's assent only after being approved by both the houses.
  • It can be rejected, approved, or returned for reconsideration by the President

Money Bill 

  • It can be introduced only in the Lok Sabha and not in the Rajya Sabha. 
  • It can be introduced only by a minister. 
  • It can be introduced only on the recommendation of the President. 
  • It cannot be amended or rejected by the Rajya Sabha. The Rajya Sabha should return the bill with or without recommendations, which may be accepted or rejected by the Lok Sabha. • It can be detained by the Rajya Sabha for a maximum period of fourteen days only. 
  • It requires the certification of the speaker when transmitted to the Rajya Sabha. 
  • It is sent for the President's assent even if it is approved only by the Lok Sabha. 
  • It can be rejected or approved but cannot be returned for reconsideration by the President. 

Finance Bill 

  • It is given in Article 117. 
  • It contains any or all the matters mentioned in Article 110, along with matters of general legislation. 
  • These can be introduced only in the Lok Sabha. 
  • It can be introduced only on recommendation of the President. 
  • Other things are common to ordinary bill.