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Commercial Payments Bill [HL]
Commercial Payments Bill [HL] is currently listed at Report stage in the House of Lords.
Current position
- Latest completed stage
- Committee stage21 Jul 2026
- Next stage
- Report stage
- House
- House of Lords
- Bill type
- Government Bill
- Last updated
- 22 Jul 2026
- Proposer / sponsor
- Lord Leong Proposer / sponsor · Labour · House of Lords Prepared for future MP profile links
What this bill is about
The Commercial Payments Bill [HL] would make changes aimed at improving payment practice in commercial contracts. It sets out proposals relating to payment terms and interest for late payment of commercial debts, and it would restrict retention clauses in construction sector contracts. The bill also proposes expanding the Small Business Commissioner’s powers so it can deal with payment disputes and poor payment practices, and it would amend related legislation to support the Commissioner’s wider functions.
What it would do
- Make provision about payment terms in commercial contracts.
- Provide for interest on late payment of commercial debts.
- Ban retention clauses in construction contracts (as described in the bill’s long title).
- Expand the Small Business Commissioner’s powers for payment disputes and poor payment practices.
Bill journey
Matched Commons vote groups are shown inside the relevant stage where the stored dates allow a match.
-
1st reading 19 May 2026 · House of Lords
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2nd reading 9 Jun 2026 · House of Lords
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Committee stage 21 Jul 2026 · House of Lords
Related daily summaries
Published daily summaries where this bill appears in the day’s parliamentary or government business.