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by Munro Research

Supply and Appropriation (Anticipation and Adjustments) Act 2021


Official Summary

A Bill to authorise the use of resources for the years ending with 31 March 2019, 31 March 2020, 31 March 2021 and 31 March 2022; to authorise the issue of sums out of the Consolidated Fund for the years ending 31 March 2020, 31 March 2021 and 31 March 2022; and to appropriate the supply authorised by this Act for the years ending with 31 March 2019, 31 March 2020 and 31 March 2021.

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Overview

This bill, the Supply and Appropriation (Anticipation and Adjustments) (No. 2) Bill, authorizes government spending for the financial years 2019-20, 2020-21, and 2021-22. It addresses both planned spending and adjustments to account for overspending in previous years.

Description

The bill covers several key areas:

  • Vote on Account for 2021-22: Authorizes up to £399,463,172,000 in spending for 2021-22 (£345,682,776,000 for current purposes and £53,780,396,000 for capital purposes). The Treasury can issue up to £364,923,586,000 from the Consolidated Fund for this.
  • Supplementary provision for 2020-21: Authorizes an additional £309,983,867,000 for 2020-21 (£268,429,693,000 for current and £41,554,174,000 for capital). The Treasury can issue an additional £177,467,583,000 from the Consolidated Fund.
  • Excesses for 2019-20: Authorizes an additional £8,312,939,000 to cover overspending in 2019-20 (£8,280,607,000 for current and £32,332,000 for capital). The Treasury can issue an additional £3,711,646,000 from the Consolidated Fund.
  • Late excesses for 2018-19: Authorizes an additional £312,093,000 to cover late reported overspending in 2018-19, all for current purposes.
  • Appropriation: The bill adjusts previous appropriation acts (Main Estimates Acts 2018, 2019, and 2020) to reflect the additional spending authorized.

Government Spending

The bill authorizes a total of £717,759,750,000 in government spending across the three financial years, including adjustments for prior year overspending. Specific figures are detailed above for each financial year.

Groups Affected

Many groups are affected, as this bill covers a wide range of government departments and programs. The impact varies but includes:

  • Government Departments: All government departments will be affected by the authorization of funds and adjustments for overspending.
  • Public Services: Funding for public services, including healthcare (NHS), education, and social welfare, is adjusted through this bill.
  • Individuals: Individuals receiving government benefits or services will be affected by changes in funding levels.
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