Office for Budget Responsibility (Political Party Policy Costings) Bill

Key Points

• Extends the remit of the Budget Responsibility and National Audit Act 2011 to include political party costings.
• Allows the Office for Budget Responsibility to scrutinise and certify the costings of parties represented in the House of Commons.
• Provides an independent, public assessment of party policy costings, aligning with how government costings are checked.
• Currently at the 2nd Reading stage in the House of Commons (first reading 2014-07-07).
• Originates in the Commons and would apply to parties represented there, subject to passage through Parliament.

Progress

The bill is at the 2nd Reading stage in the House of Commons; its first reading occurred on 7 July 2014. No further stages are indicated in this record.