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  Wales Bill - New Clause 2 - Infrastructure Guarantees in Wales
  
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  @ MP voted aye to enable the Welsh Government to underwrite borrowing by private organisations for the purpose of promoting investment in infrastructure.
  @ MP voted no against enabling the Welsh Government to underwrite borrowing by private organisations for the purpose of promoting investment in infrastructure.
  
  
  The majority of MPs voted against enabling the Welsh Government to underwrite borrowing by private organisations for the purpose of promoting investment in infrastructure.
  
  MPs were considering the Wales Bill[1]. The motion rejected in this vote was:
  
  :That the clause be read a Second time
  
  The clause in question was proposed New Clause 2, titled ''Infrastructure guarantees in Wales'' and stating:
  
  :Her Majesty may by Order in Council provide for the transfer of responsibility for providing infrastructure guarantees in Wales to the Welsh Ministers.
  
  The proposer of the new clause, Jonathan Edwards MP (Carmarthen East and Dinefwr, Plaid Cymru) stated[2]:
  
  :New clause 2 would allow the Welsh Government to issue financial guarantees for private projects that they choose to support in such a manner. Government guarantees are useful for companies that are then able to draw down private investment to fund their projects. As I have said, these guarantees would cost the Government nothing, unless the project fails.
  
  ==
  
  * [1] [http://services.parliament.uk/bills/2014-15/wales.html Parliament's webpage on the Wales Bill]
  * [2] [http://www.theyworkforyou.com/debates/?id=2014-06-24a.237.2#g238.0 Jonathan Edwards MP, (Carmarthen East and Dinefwr, Plaid Cymru), House of Commons, 25 June 2014]
  
  
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  (put thoughts and notes for other researchers here)
  