Reading the bill’s publication files and writing a plain-English Green Book note…
Reading the bill’s publication files and writing a plain-English Green Book note…
Proposal 3158
A Bill to make provision about the UK Infrastructure Bank
Appraisal prepared just now from the official papers. Next scheduled update after the next sitting or within about 24 hours.
Sponsor: HM Treasury
Open publications on bills.parliament.ukPlain-English note and Green Book five-case reading from the official papers — the heart of this page.
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In plain English
The bill would be strengthened by an explicit reference to nature in the bank’s objectives.
Commons Amendment 10 10 This amendment, combined with amendment 1 clarifies that there is no statutory limitation on the Bank providing loans to public authorities other than local authorities and Northern Ireland Departments (as well as to persons other than local authorities). (4) The Bank’s activities are— (a) providing financial assistance to projects wholly or mainly relating to infrastructure, (b) providing loans to relevant public authorities for such projects, (c) acting as a centre of expertise and providing advisory and other support services in relation to such projects, and (d) any other activities that are incidental or conducive to, or otherwise connected with, anything in paragraphs (a) to (c) .
Commons Amendment 2 2 This amendment would require water companies to have a costed, time limited plan, demonstrating they are committed to preventing discharges before they can receive investment from the UKIB. The bill would be strengthened by an explicit reference to nature in the bank’s objectives.
Same bill, simpler words — a deeper read without the jargon.
Imagine the country is making a new rule. This one is about: The bill would be strengthened by an explicit reference to nature in the bank’s objectives.. The people who would notice most are: Commons Amendment 10 10 This amendment, combined with amendment 1 clarifies that there is no statutory limitation on the Bank providing loans to public authorities other than local authorities and Northern Ireland Departments (as well as to persons other than local authorities). (4) The Bank’s activities are— (a) providing financial assistance to projects wholly or mainly relating to infrastructure, (b) providing loans to relevant public authorities for such projects, (c) acting as a centre of expertise and providing advisory and other support services in relation to such projects, and (d) any other activities that are incidental or conducive to, or otherwise connected with, anything in paragraphs (a) to (c) .. If it became a real law, the everyday change would be: Commons Amendment 2 2 This amendment would require water companies to have a costed, time limited plan, demonstrating they are committed to preventing discharges before they can receive investment from the UKIB. The bill would be strengthened by an explicit reference to nature in the bank’s objectives..
Green Book 2026 · 5 Case Model
The bill would be strengthened by an explicit reference to nature in the bank’s objectives.
It is currently at Royal Assent in the Unassigned, sponsored by HM Treasury.
Accountability · outcome beside Green Book evidence
UK Infrastructure Bank Act 2023 became law. The official papers we read covered most of the Green Book five cases with concrete detail. That does not prove the outcome was “right” — it means the case on paper was relatively complete for accountability scrutiny.
Strategic: The bill would be strengthened by an explicit reference to nature in the bank’s objectives.
Economic: In March 2021, a policy design document2 was published, which confirmed that in total, the UK Infrastructure Bank would have £22 billion of financial capacity to deliver its objectives. The Bank’s financial capacity consists of £12 billion of equity and debt capital and the ability to issue £10 billion of guarantees.
Commercial: The EIB previously invested around €7 billion per year in the UK and played a pivotal role in helping some new green technologies, such as off-shore wind, develop a commercial market through its low-cost lending.
Financial: Policy background 3 The creation of a UK infrastructure bank was first announced by the Chancellor at the Spending Review 2020. A new National Infrastructure Strategy1 was published alongside the Spending Review, and this outlined plans to transform UK infrastructure in order to “level up the country, strengthen the Union, and put the UK on the path to net zero emissions by 2050”.
Management: • Commons Amendments 1, and 3 to 11 were tabled in the name of the Minister. The Bank offers three core activities: private sector financing, local authority lending, and advisory services.
This is an accountability reading, not a recommendation and not a score. It does not say whether Parliament should have passed or rejected the bill. It only sets the actual parliamentary outcome beside how complete the Green Book five-case evidence was in the official papers.
These UK Acts sit in a similar policy space and are already law. Pairing uses this proposal’s official papers (and the plain-English note themes). It is not a verdict that the proposal is redundant or unnecessary.
UK Act · Royal Assent · 2026-02-12
Infrastructure (Financial Assistance) Act 2012
Same policy area (“Economy / tax”) with overlapping title wording. Matched using wording from this bill’s official papersAlready law — useful context when asking whether this bill adds something new or mainly revisits covered ground.
UK Act · Royal Assent · 2016-05-05
Bank of England and Financial Services Act 2016
Same policy area (“Economy / tax”) with overlapping title wording. Matched using wording from this bill’s official papersAlready law — useful context when asking whether this bill adds something new or mainly revisits covered ground.
UK Act · Royal Assent · 2025-09-02
Bank Resolution (Recapitalisation) Act 2025
Same policy area (“Economy / tax”) with overlapping title wording. Matched using wording from this bill’s official papersAlready law — useful context when asking whether this bill adds something new or mainly revisits covered ground.
UK Act · Royal Assent · 2012-05-01
Bank of Ireland (UK) plc
Same policy area (“Economy / tax”) with overlapping title wording. Matched using wording from this bill’s official papersAlready law — useful context when asking whether this bill adds something new or mainly revisits covered ground.
UK Act · Royal Assent · 2009-02-25
Dormant Bank and Building Society Accounts Act 2008
Same policy area (“Economy / tax”) with overlapping title wording. Matched using wording from this bill’s official papersAlready law — useful context when asking whether this bill adds something new or mainly revisits covered ground.