The political development in England during the Renaissance period that significantly expanded the powers of Parliament and limited the authority of the monarchy was the Glorious Revolution of 1688. This event resulted in the establishment of constitutional monarchy and the affirmation of parliamentary sovereignty, particularly through the subsequent Bill of Rights in 1689, which outlined the rights of Parliament and restricted the powers of the monarch.
While the Magna Carta (1215) was important in laying the groundwork for limiting monarchical power and the Act of Supremacy (1534) established the monarch's authority over the Church of England, it was the Glorious Revolution that directly led to significant changes in the balance of power between the monarchy and Parliament during the Renaissance period.