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Consultation procedure First reading

Amending Regulation (EC) No 1467/97 on speeding up and clarifying the implementation of the excessive deficit procedure

Parliament is consulted: it gives an opinion and can propose amendments, but the Council takes the decision and need not follow them.

Where it stands: Completed: published in the Official Journal on 30 April 2024 and now EU law.

  1. ✓ Referred to committee 12 June 2023
  2. ✓ Committee work Report adopted 11 December 2023
  3. ✓ Tabled for plenary 15 December 2023
  4. ✓ Plenary vote Adopted 23 April 2024
  5. ✓ Adopted by the Council 30 April 2024
How a file moves through Parliament

A file is referred to one lead committee (others may give an opinion). Its rapporteur writes a draft report, committee members table amendments, and the committee votes to adopt the report. The report is then tabled for all MEPs; political groups can table further amendments, which are voted on before the final vote in plenary. The Council takes the final decision, and the act is published in the Official Journal.

Who is working on it

Lead committee
ECON — Economic and Monetary Affairs
Rapporteurs
Markus FERBER PPEMEP #197638 S&D
Shadow rapporteurs
MEP #197787 IDJohan VAN OVERTVELDT ECRBilly KELLEHER RenewMEP #96648 Verts/ALEMEP #88715 The Left
For opinion
BUDG — Budgets · rapporteur Johan VAN OVERTVELDT ECREMPL — Employment and Social Affairs

The rapporteur drafts and negotiates the text for the lead committee; each other political group names a shadow rapporteur to follow the file.

The text, version by version

Adopted by Parliament · latest Adopted text TA9-0312/2024 23 April 2024 ✦ Parliament approves the Council's draft regulation amending Regulation (EC) No 1467/97 on the excessive deficit procedure, as amended by Parliament.⇄ what changed Tabled for plenary Report A9-0444/2023 15 December 2023 ✦ Parliament's amended version of the Commission proposal to amend Regulation (EC) No 1467/97 on the excessive deficit procedure. It approves the proposal as amended and asks the Commission and Council to align with Parliament's text.

Newest version first. Open a version to read it in full. “What changed” shows the differences paragraph by paragraph; ✦ lines are AI-written from the texts themselves.

Timeline

  1. Outcome
  2. 30 April 2024 Published in the Official Journal

    The act is now EU law.

  3. Plenary stage
  4. 23 April 2024 Plenary vote
    Sitting of 23 April 2024 📄 Adopted text TA9-0312/2024📄 Report A9-0444/2023
    Adopted Adopted by a clear majority
    For 368 Against 166 Abstained 64

    Final vote at 14:01 · 62% of votes cast in favour · every MEP’s position →

    How the vote unfolded · 2 ballots

    adopted rejected lapsed square = amendment circle = part of the text decisive vote Solid = roll call (click for every MEP’s vote); faded = no individual positions

    Show all 2 ballots in voting order
    1. Final vote Text as a whole
    — no individual positions recorded
    Adopted
    2. Final vote 14:01 A9-0444/2023 – Markus Ferber, Margarida Marques – Commission proposal
    Adopted
  5. 23 April 2024 Debated in plenary

    MEPs debated the text in the chamber ahead of the vote.

    Sitting of 23 April 2024 📄 Council / Commission text C9-0150/2023📄 Council / Commission text C9-0171/2023📄 Council / Commission text C9-0172/2023📄 Report A9-0439/2023📄 Report A9-0440/2023📄 Report A9-0444/2023
  6. 15 December 2023 Report tabled for plenary

    This is the text all MEPs vote on. Political groups can still table amendments to it.

    📄 Report A9-0444/2023
  7. Committee stage
  8. 11 December 2023 Committee vote: report adopted

    ECON (Economic and Monetary Affairs) voted on the amendments and adopted the report that goes to plenary.

  9. 7 November 2023 Committee opinion adopted

    The opinion is attached to the report for the lead committee to consider.

    📄 BUDG-AL-754864
  10. 25 October 2023 Amendments tabled in committee

    Members of ECON (Economic and Monetary Affairs) proposed changes to the draft.

    📄 Amendments in committee (ECON)
  11. 12 June 2023 Referred to the ECON (Economic and Monetary Affairs) committee

    The lead committee prepares the report; BUDG (Budgets), EMPL (Employment and Social Affairs) give an opinion.