Constitution of India, 1949
199.Definition of "Money Bills".-
(1) For the purposes of this Chapter, a Bill
shall be deemed to be a Money Bill if it contains only provisions dealing with
all or any of the following matters, namely:-
(a) the imposition,
abolition, remission, alteration or regulation of any tax;
(b) the regulation of
the borrowing of money or the giving of any guarantee by the State, or the
amendment of the law with respect to any financial obligations undertaken or to
be undertaken by the State;
(c) the custody of the
Consolidated Fund or the Contingency Fund of the State, the payment of moneys
into or the withdrawal of moneys from any such Fund;
(d) the appropriation
of moneys out of the Consolidated Fund of the State;
(e) the declaring of
any expenditure to be expenditure charged on the Consolidated Fund of the
State, or the increasing of the amount of any such expenditure;
(f) the receipt of
money on account of the Consolidated Fund of the State or the public account of
the State or the custody or issue of such money; or
(g) any matter
incidental to any of the matters specified in sub-clauses (a) to (f).
(2) A Bill shall not be deemed to be a Money
Bill by reason only that it provides for the imposition of fines or other
pecuniary penalties, or for the demand or payment of fees for licenses or fees
for services rendered, or by reason that it provides for the imposition,
abolition, remission, alteration or regulation of any tax by any local authority
or body for local purposes.
(3) If any question arises whether a Bill
introduced in the Legislature of a State which has a Legislative Council is a
Money Bill or not, the decision of the Speaker of the Legislative Assembly of
such State thereon shall be final.
(4) There shall be endorsed on every Money
Bill when it is transmitted to the Legislative Council under Article 198, and
when it is presented to the Governor for assent under Article 200, the
certificate of the Speaker of the Legislative Assembly signed by him that it is
a Money Bill.