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30 August 2017, 10:07 | Updated: 30 August 2017, 10:14
The bill, will be presented to Parliament by the Birkenhead MP when it returns next week.
The School Holidays (Meals and Activities) Bill already has the backing of 114 MPs from across the Commons, including Frank Field, who chairs the All-Party Parliamentary Group on Hunger.
He claims if it became law it would "tackle overnight one of the great injustices afflicting children in this country: a widening of inequalities at school caused by a lack of food during the holidays".
The bill would place a legal duty upon local authorities to ensure free meals and fun activities are provided for youngsters who would otherwise go without during the holidays.
Mr Field is calling on the Government to ring-fence £41.5 million, 10p in every pound raised by the sugary drinks levy, to enable local authorities to pay for the measure.
He said: "If the Prime Minister were to pick up this bill and run with it, at nil extra cost to the Government, she would tackle overnight one of the great injustices afflicting children in this country: a widening of inequalities at school caused by a lack of food during the holidays. Likewise she would immediately be cutting off one of the main supply routes to food banks."
Earlier this year, the APPG on hunger warned up to three million children risk going hungry during the school holidays and said Whitehall should place a duty on councils to work with schools, churches, community groups and businesses to tackle the issue.
The cross-party panel of MPs and peers heard evidence of children existing on a diet of crisps and hungry youngsters unable to take part in a football tournament because "their bodies simply gave up".
The Hungry Holidays report said those at risk of being hungry over the summer include more than a million children who receive free school meals during term time, and two million more with working parents who are still in poverty.
It noted that an increased number of families relied on food banks during the school holidays and suggested there are "particular difficulties that arise at those times of the year which restrict families' abilities to afford food".
The APPG said the evidence it had received indicated that those children who had gone hungry "start the new term several weeks, if not months, intellectually behind their more fortunate peers who have enjoyed a more wholesome diet and lots of activity".