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
This Bill moves money from the Dormant Assets Scheme into a new national endowment called the Community Wealth Fund. The fund will be invested to improve the local environments and quality of life in deprived communities, including by building social capital and social infrastructure, along with related purposes.
The Bill is at the 2nd reading in the Commons, the early stage of the legislative process. If it progresses, it will move to Committee for detailed scrutiny and then to the Lords for consideration.
Generated 21 February 2026
The 2021-2022 session of Parliament has prorogued and this Bill will make no further progress.
No recorded votes for this bill yet.
