Supply Bill
Explore the details of bill number 8/2024.
Summary
- The Supply Bill 2024 authorizes the issuance of funds from the Consolidated Fund and Development Fund to cover the estimated expenditures for the financial year from April 1, 2024, to March 31, 2025.
- A total of up to $128.89 billion is allocated from the Consolidated Fund for public service expenditures, while up to $37.55 billion is earmarked from the Development Fund for development purposes.
- The total appropriations from both funds amount to a maximum of approximately $166.44 billion.
- Specific expenditures for various government ministries and offices are detailed in a schedule, including significant allocations for the Ministry of Health, Ministry of Defence, and the Ministry of Education.
- The Bill emphasizes compliance with Article 148(1) of the Constitution of the Republic of Singapore regarding financial appropriations.
Summary written by AI (edit)
Timeline
The bill is formally presented in Parliament for consideration.
7 months ago
The bill's title and key objectives are read out, but no debate occurs at this stage.
7 months ago
Members of Parliament debate the bill's general principles and overall merits.
6 months ago
The bill is examined in detail by a select committee, which may suggest amendments.
6 months ago
Members of Parliament debate the final version of the bill, including any amendments made.
6 months ago
The bill is voted on by the Members of Parliament and, if it receives the required majority, it becomes law. Do note that an exact vote may not be counted; the 'ayes' can simply be louder than the 'noes'.
6 months ago
The bill is passed and becomes law.
6 months ago