UK Parliament · Public Bill · No. 3158
UK Infrastructure Bank Act 2023
[As Introduced]
A
BILL
to
This Act establishes the UK Infrastructure Bank, a governmentbacked organisation that lends money and provides investment to support major infrastructure projects. It aims to help build and improve essential services like transport, energy, and internet across the UK.
Presented by Baroness Penn
supported by Mr Simon Clarke.
supported by Mr Simon Clarke.
✓ Passed into lawPublicLords
Official Ballot · The People's Chamber
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The people's count15 votes
100% Aye · 150% No · 0
MPs' vote326 MPs
13% Ayes · 4187% Noes · 285
The democratic gap
87% , a wide gap
Outcome mismatch, the public would pass this bill, but Parliament rejected it.
Bill passage
Commons
- 1st reading12 Jul 2022
- 2nd reading1 Nov 2022
- Committee stage22 Nov 2022
- Report stage1 Feb 2023
- 3rd reading1 Feb 2023
Lords
- 1st reading11 May 2022
- 2nd reading24 May 2022
- Committee stage14 Jun 2022
- Report stage4 Jul 2022
- 3rd reading11 Jul 2022
Royal Assent23 Mar 2023