A Bill to transfer monies from the Dormant Assets Scheme into a new national endowment called the Community Wealth Fund, to be invested for the purposes of improving the local environments and quality of life of deprived communities, including through building social capital and social infrastructure; and for connected purposes.
House of Commons
29 April 2022
May contain errors — check source documents for definitive information.
This bill moves money from the Dormant Assets Scheme into a new national endowment called the Community Wealth Fund. The fund would be invested to improve the environments and quality of life in deprived communities, and to build social capital and social infrastructure such as community facilities and services.
The bill is at the 2nd Reading stage in the House of Commons. It has previously had a 1st Reading (Dec 2021) and a 2nd Reading (May 2022); it would next go to Committee stage and later readings, with Lords scrutiny if it progresses.
Generated 21 February 2026
8 Dec 2021
6 May 2022
The 2021-2022 session of Parliament has prorogued and this Bill will make no further progress.
No recorded votes for this bill yet.
