Q. In the context of Legislative procedure in State Legislature with regard to Money Bill, consider the following statements:
1. Money bill in state legislature can be introduced in either Legislative assembly or Legislative council.
2. Legislative council cannot reject money bill and can only amend it.
3. Governor can reserve the money bill for presidential assent.
4. Money bill cannot be returned for reconsideration of the state legislature either by the Governor or President.
How many statements given above are correct?
Exp) Option b is the correct answer.
Statement 1 is incorrect. Money Bill cannot be introduced in the legislative council. It can be introduced in the legislative assembly only and that too on the recommendation of the governor.
Statement 2 is incorrect. The legislative council has restricted powers with regard to a Money Bill. It cannot reject or amend a Money Bill. It can only make recommendations and must return the bill to the legislative assembly within 14 days.
Statement 3 is correct. When a Money Bill is presented to the governor, he may either give his assent, withhold his assent or reserve the bill for presidential assent.
Statement 4 is correct. When a money bill is reserved for consideration of the President, the president may either give his assent to the bill or withhold his assent to the bill but cannot return the bill for reconsideration of the state legislature. When a Money Bill is presented to the governor, he may either give his assent, withhold his assent or reserve the bill for presidential assent but cannot return the bill for reconsideration of the state legislature.