House of Lords Reform Bill

<p>Reform of the House of Lords was a manifesto commitment for the three main parties at the 2010 election, and was included in the Coalition Agreement between the Conservatives and Liberal Democrats. A draft Bill was published in May 2011, on which a Joint Committee reported in April 2012. The Bill establishes a House of Lords which is mostly, though not wholly, elected, with a three-stage transition to reform.</p><p><strong>Key areas</strong></p><ul><li>most members will serve non-renewable 15 year terms </li><li>semi-open list elections for large regional seats in mainland Great Britain</li><li>Single Transferable Vote system for Northern Ireland</li><li>Members will be able to resign, and may be expelled or suspended</li><li>pay and allowances will be set by IPSA, with pay being related to the participation of the Member in the work of the House</li><li>the Parliament Acts will still apply to the reformed House of Lords.</li></ul>