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Bills and Laws

Budget (Scotland) (No. 2) Bill

The Budget Bill is how the Parliament agrees public spending in Scotland. A Budget Bill is introduced to the Parliament every year. It follows a slightly different process to other Bills.

Read more about the budget process

The Bill was passed on 21 February 2023 and became an Act on 27 March 2023


Contents


Overview

The Budget Bill is how the Parliament agrees public spending in Scotland. A Budget Bill is introduced to the Parliament every year. It follows a slightly different process to other Bills.

Read more about the budget process

This budget is for the financial year 2023-24.

The total budget for public spending is £49.9 billion.

The schedules of the Bill, which you can read from page 5, describe what money in the budget can be spent on and the maximum amounts that can be spent.

This is the second Budget Bill for Session 6 of the Scottish Parliament.

The Parliament’s standing orders (9.16.2) state that Budget Bills do not require explanatory notes or policy memorandums.

Why the Bill was created

The Scottish Parliament must approve public spending in Scotland for each financial year. It does this by passing the Budget Bill.