Savings (Government Contributions) Act 2017

Key Points

• Originated in the House of Commons and progressed through all standard parliamentary stages.
• Key vote during Report Stage on New Clause 2 ended 230 in favour to 277 against.
• Conservative Party and Reform UK opposed the measure; other parties and independents supported it as shown in the party positions.
• The Lords stage included a committee that negatived the bill, but it ultimately received Royal Assent on 16 January 2017, becoming law.

Progress

The bill completed all parliamentary stages and received Royal Assent on 16 January 2017, becoming law.

Voting

In the Report Stage vote on New Clause 2, 230 MPs voted Aye and 277 No. The Conservatives and Reform UK opposed the measure, while Labour, Liberal Democrats, SNP, DUP, Plaid Cymru and Independents supported it.