What is a bill? Name the different kinds of bills. When does a bill become a law?

A Bill is a draft of the proposed law. A law is introduced in the Parliament in the form of a Bill. There are three kinds of Bills:

1. Ordinary Bill
2. Money Bill
3. Constitution Amendment Bill

The Process of considering a bill is called reading. A bill has to pass through three stages called First, Second and Third Reading. First reading refers to introduction, Second reading refers to discussion and Third reading refers to it's final rejection or acceptance. If passed, the Bill is sent to the other house where it again undergoes all the three stages.

When a Bill is passed by both the Houses of the Parliament, it is assented to by the President and then it becomes a law, known as the Act.