text_body: --- DIVISION TITLE ---
  
  Finance Bill - Clause 72 - Report on the Bank Levy
  
  --- MOTION EFFECT ---
  
  @ MP voted aye to require a review and report on the bank levy.
  @ MP voted no not to require a review and report on the bank levy.
  
  The majority of MPs voted not to require a review and report on the bank levy.
  
  The Bank levy is a tax on banks based on their total applicable liabilities and equities. 
  
  MPs were considering the Finance Bill[1]. The amendment rejected in this vote was:
  
  :Amendment 9, page 41, line 27, at end addâ
  :â(2) The Chancellor shall review the bank levy and publish a report, before 31 December 2011, onâ
  :(a) the Governmentâs analysis behind the rate and threshold chosen for the bank levy;
  :(b) the adequacy of the bank levy in the context of other reforms to the wider banking system; and
  :(c) the total tax revenues expected from banks across all categories of taxation in each year from 2011-12 to 2016-17
  
  Had it not been rejected the above text would have been added to Clause 72[2] of the Bill which provided for a bank levy. 
  
  
  
  ==
  
  
  * [1] [http://services.parliament.uk/bills/2010-12/financeno3.html Parliament's webpage on the Finance Bill 2011 (now an Act)]
  * [2] [http://www.publications.parliament.uk/pa/cm201011/cmbills/175/11175.37-41.html#j6123 Clause 72 of the Finance Bill]
  
  
  
  --- COMMENTS AND NOTES ---
  
  (put thoughts and notes for other researchers here)
  