Research Briefing
Growth and Infrastructure Bill
The Growth and Infrastructure Bill seeks to reduce delays in the planning system and to facilitate new development, through various means. It would allow planning obligations (section 106 agreements) relating to affordable housing to be renegotiated. To promote economic growth, it makes provision for a planned revaluation of business rates in England to be postponed and to create a new employment status of employee owner. Its second reading date has been moved from 30 October to 5 November 2012.