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Ordinary legislative procedure First reading

Establishment of European Business Wallets

A proposed EU law. Parliament and the Council must agree on the same text: Parliament adopts its position, then negotiates with the Council.

Where it stands: Parliament’s negotiators are talking to the Council (last trilogue 14 October 2026); the plenary vote on the outcome is still to come.

  1. ✓ Referred to committee 19 January 2026
  2. ✓ Committee work Report adopted 10 September 2026
  3. ✓ Tabled for plenary 23 September 2026
  4. 4 Plenary vote Awaiting the vote
  5. 5 Negotiations with the Council Trilogue 14 October 2026
  6. 6 Published as law
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. For a law, Parliament’s adopted text is its first-reading position; Parliament and the Council then negotiate a common text (trilogues) which both must approve before it is published as law.

Who is working on it

Lead committee
ITRE — Industry, Research and Energy
Rapporteur
Eero HEINÄLUOMA S&D
Shadow rapporteurs
Marion WALSMANN PPEMélanie DISDIER PfERihards KOLS ECRMorten LØKKEGAARD RenewDamian BOESELAGER Verts/ALE
For opinion
IMCO — Internal Market and Consumer Protection · rapporteur Veronika CIFROVÁ OSTRIHOŇOVÁ RenewLIBE — Civil Liberties, Justice and Home Affairs JURI — Legal Affairs · rapporteur Axel VOSS PPE

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

Timeline

  1. Negotiations with the Council
  2. 14 October 2026 Trilogue meeting

    Negotiation between Parliament, Council and Commission on a common text.

  3. 7 October 2026 Plenary endorsed the mandate to negotiate with the Council

    Parliament’s negotiators can now seek a compromise text with the Council (in “trilogues”).

  4. Plenary stage
  5. 23 September 2026 Report tabled for plenary

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

  6. Committee stage
  7. 10 September 2026 Committee vote: report adopted

    ITRE (Industry, Research and Energy) voted on the amendments and adopted the report that goes to plenary.

  8. 3 June 2026 JURI (Legal Affairs) adopted its opinion

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

  9. 2 June 2026 IMCO (Internal Market and Consumer Protection) adopted its opinion

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

  10. 23 April 2026 Amendments tabled in committee (2 batches)

    Members of ITRE (Industry, Research and Energy) proposed changes to the draft.

  11. 1 April 2026 Draft report published

    The rapporteur’s first text in ITRE (Industry, Research and Energy). Members can table amendments before the committee votes.

  12. 19 January 2026 Referred to the ITRE (Industry, Research and Energy) committee

    The lead committee prepares the report; IMCO (Internal Market and Consumer Protection), LIBE (Civil Liberties, Justice and Home Affairs), JURI (Legal Affairs) give an opinion.