Growth and Infrastructure Bill
Peers continued committee-stage debate of the Growth and Infrastructure Bill on 4 February 2013, after a short pause for dinner-break business.
The bill is intended to promote investment in infrastructure projects and reduce delays in the planning system.
Under the plans Growth and Infrastructure Bill some infrastructure projects will be referred to the secretary of state, rather than local planning authorities, to be determined within a 12-month timetable.
The bill will also allow for planning obligations (section 106 agreements) relating to affordable housing to be renegotiated with the aim of making development economically viable.
Section 106 agreements allow a local planning authority to enter into a legally-binding agreement or obligation with a land developer over a related issue, such as a requirement to build affordable social housing.
The bill also makes provision for a planned revaluation of business rates in England to be postponed and to create a new employment status of employee owner.
Most of the provisions in the bill will apply only in England.