Sovereign Grant Bill

What the bill does

A Bill to Specify the amount of the Sovereign Grant for the financial year 2027-28 and the percentage of the income account net surplus of the Crown Estate to be used by the Royal Trustees to determine the amount of the Sovereign Grant in subsequent financial years; to confer a duty and a power on the Treasury to specify the amount of the Sovereign Grant in subsequent financial years in certain circumstances; and for connected purposes.

Progress through Parliament

What Royal Assent means, and what happens next

The bill has received Royal Assent and is now an Act of Parliament, in the text both Houses agreed after any amendments made during its passage.

Implementation follows: its provisions come into force on the date the Act specifies, which may be immediately, on a set date, or when a minister makes a commencement order.

Read the full guide to this stage: What happens at Royal Assent

Questions about the Sovereign Grant Bill

What stage is the Sovereign Grant Bill at?

The Sovereign Grant Bill has received Royal Assent and is now an Act of Parliament.

Has the Sovereign Grant Bill become law?

Not yet. A bill becomes law only when it has passed both Houses and received Royal Assent. The Sovereign Grant Bill is currently at Royal Assent.

What happens next to the Sovereign Grant Bill?

Implementation follows: its provisions come into force on the date the Act specifies, which may be immediately, on a set date, or when a minister makes a commencement order.

Who sponsored the Sovereign Grant Bill?

The Sovereign Grant Bill was sponsored by John Healey.

When was the Sovereign Grant Bill introduced?

It was introduced to Parliament on 1 September 2026, at first reading.

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