A Bill to make provision for a voluntary mechanism through which banks, building societies and other providers of financial services can support community projects through reinvestment of part of their profits and assistance in kind; and for connected purposes;
House of Commons
2 May 2012
May contain errors — check source documents for definitive information.
The bill would create a voluntary scheme that lets banks, building societies and other financial service providers support local community projects by reinvesting part of their profits and by giving help in kind. Participation would be voluntary, aiming to boost community investment without imposing new legal duties on firms.
The bill is at the second reading in the House of Commons. After this stage, it would typically move on to committee scrutiny for detailed examination.
Generated 21 February 2026
14 Dec 2010
This Bill has been withdrawn and will not progress any further.
The Bill had its first reading on 14 December 2010 through the Presentation Bill Procedure.
If you require any further information about the Bill then please contact the sponsoring Member, Hazel Blears.
No recorded votes for this bill yet.
