{"longTitle":"A Bill to confer power on the Greater London Authority and certain local authorities to impose a levy on non-domestic ratepayers to raise money for expenditure on projects expected to promote economic development; and for connected purposes.","summary":"<p>The Bill will create a new power for upper tier local authorities in England and Wales to levy a local supplement on the business rate and to retain the proceeds for investment in that area. </p><p><strong>Key areas:</strong></p><ul><li>Only the highest tier of local authority will be entitled to levy rates; in London the power will rest with the Greater London Authority  </li><li>business rate supplement revenues must be spent on economic development </li><li>a national upper limit of 2p per &pound;1 of rateable value will apply </li><li>stipulations are made for consultation with business and matters concerning the prospectus for each scheme</li><li>circumstances are specified in which a ballot will be required and provisions made for regulating such ballots </li><li>all properties with a rateable value of &pound;50,000 or less will be exempt.   </li></ul><p> </p>","sponsors":[{"member":{"memberId":456,"name":"Hazel Blears","party":"Labour","partyColour":"d50000","house":"Commons","memberPhoto":"https://members-api.parliament.uk/api/Members/456/Thumbnail","memberPage":"https://members.parliament.uk/member/456/contact","memberFrom":"Salford"},"organisation":{"name":"Department for Communities and Local Government","url":"https://www.gov.uk/government/organisations/department-for-communities-and-local-government"},"sortOrder":1},{"member":{"memberId":2534,"name":"Baroness Andrews","party":"Labour","partyColour":"d50000","house":"Lords","memberPhoto":"https://members-api.parliament.uk/api/Members/2534/Thumbnail","memberPage":"https://members.parliament.uk/member/2534/contact","memberFrom":"Life peer"},"organisation":{"name":"Department for Communities and Local Government","url":"https://www.gov.uk/government/organisations/department-for-communities-and-local-government"},"sortOrder":2}],"promoters":[],"petitioningPeriod":null,"petitionInformation":null,"agent":null,"billId":358,"shortTitle":"Business Rate Supplements Act 2009","formerShortTitle":null,"currentHouse":"Unassigned","originatingHouse":"Commons","lastUpdate":"2009-10-16T12:37:59","billWithdrawn":null,"isDefeated":false,"billTypeId":1,"introducedSessionId":22,"includedSessionIds":[22],"isAct":true,"currentStage":{"id":2578,"stageId":11,"sessionId":22,"description":"Royal Assent","abbreviation":"RA","house":"Unassigned","stageSittings":[{"id":2399,"stageId":11,"billStageId":2578,"billId":358,"date":"2009-07-02T00:00:00"}],"sortOrder":16}}