löggjafarstofnun

Löggjafarstofnun is an Icelandic term that translates to "legislative institution" or "legislative body." It refers to the entity responsible for creating and enacting laws within Iceland. In Iceland, this primary institution is the Althingi, the oldest parliament in the world still in existence. The Althingi is a unicameral legislature composed of elected members who deliberate on proposed legislation, debate issues, and vote on bills.

The legislative process in Iceland involves several stages, starting with the introduction of a bill by a member of parliament or the government. The bill is then typically referred to a parliamentary committee for detailed examination, public consultation, and potential amendment. Following the committee's report, the bill undergoes two readings in the Althingi, where further debate and voting take place. For a bill to become law, it must pass both readings and receive royal assent from the President of Iceland.

The role of the löggjafarstofnun extends beyond just passing laws. It also holds the government accountable through oversight, questioning ministers, and conducting investigations. This ensures that the executive branch operates within the framework of the law and serves the public interest. The Althingi's legislative power is fundamental to the democratic governance of Iceland, providing the framework for the nation's legal system and public policy.