History & Civics
Explain the financial powers of the State Legislature.
State Legislatures
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Answer
The financial powers of the State Legislature are:
- The Legislative Assembly controls state finances by approving the state budget.
- No money bill can be introduced without its approval.
- The assembly approves taxation policies and allocates funds for development projects.
- The Council of Ministers cannot spend money from the state treasury without the Assembly's approval.
- In bicameral states, the Legislative Council can only suggest changes to Money Bills, but the Assembly is not bound to accept them.
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