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UK Parliament · Bill
Planning-Gain Supplement (Preparations) Act 2007
Summary
This Act sets up a 'Planning-Gain Supplement' – a tax on developers who make significant profits when their land value increases after getting planning permission. The government would collect a share of these profits to reinvest in local communities affected by new development.
A vote to support means
- —Supporting this Act means backing a system where developers who profit from planning permission must share some of that profit with the community. This money could fund local improvements like schools, roads, and public spaces that benefit everyone living in the area.
A vote to oppose means
- —Critics worry this could make building homes and businesses more expensive, which might reduce construction and harm the economy. Others are concerned about how the money would be calculated and whether developers might pass costs onto buyers or renters.
Cast Your Vote
People's Vote1 votes
100% Support · 10% Oppose · 0
Bill Passage
Commons
- 1st reading12 Dec 2006
- 2nd reading15 Jan 2007
- Committee stage30 Jan 2007
- Report stage20 Feb 2007
- 3rd reading20 Feb 2007
Lords
- 1st reading21 Feb 2007
- 2nd reading5 Mar 2007
- 3rd reading19 Mar 2007
Royal Assent20 Mar 2007
Full Bill Description(click to expand)
No description available