Assented Bills of the current Parliament

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TOTAL RESULTS: 445

• Superannuation Legislation Amendment (Stronger Super) Bill 2012

  Track (What's this?)

  Date

  24 May 2012 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Introduced with the Superannuation Supervisory Levy Imposition Amendment Bill 2012, the bill amends the:

  Retirement Savings Accounts Act 1997

  and

  Superannuation Industry (Supervision) Act 1993

  to: establish a framework to implement the superannuation data and payment regulations and standards that will apply to specified superannuation transactions undertaken by superannuation entities, retirement savings account providers and employers; and make consequential amendments;

  Taxation Administration Act 1953

  to provide for an administrative penalty framework for non-compliance with the superannuation data and payment regulations and standards; and

  Australian Prudential Regulation Authority Act 1998

  to: enable costs associated with the SuperStream measures to be included in the minister’s determination specifying the amount of levy payable to the Commonwealth; enable the minister to make a determination that specifies the proportion of levy money paid to the Australian Prudential Regulation Authority (APRA) that is to be credited to the APRA Special Account; and insert a definition of the measures covered by SuperStream. 

  Bill | Explanatory Memorandum

• Superannuation Legislation Amendment (Trustee Obligations and Prudential Standards) Bill 2012

  Track (What's this?)

  Date

  16 Feb 2012 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Further to the Superannuation Legislation Amendment (MySuper Core Provisions) Bill 2011, the bill amends the

  Superannuation Industry (Supervision) Act 1993

  to: expand the duties for registrable superannuation entity (RSE) licensees; apply new trustee duties to RSE licensees of an RSE that offers a MySuper product; apply duties to the directors of corporate trustees; provide the Australian Prudential Regulation Authority with the power to issue prudential standards in relation to superannuation prudential matters; and make consequential amendments. 

  Bill | Explanatory Memorandum

• Superannuation Legislation Amendment Bill 2010

  Track (What's this?)

  Date

  29 Sep 2010 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the:

  Superannuation (Unclaimed Money and Lost Members) Act 1999

  and

  Income Tax Assessment Act 1997

  in relation to the transfer of unclaimed superannuation monies from states and territories to the Commissioner of Taxation;

  Income Tax Assessment Act 1997

  and

  Income Tax (Transitional Provisions) Act 1997

  to provide transitional relief from income tax deductibility of total and permanent disability insurance premiums paid by superannuation funds;

  Superannuation Industry (Supervision) Act 1993

  in relation to superannuation and relationship breakdowns;

  Income Tax Assessment Act 1997

  and

  Tax Laws Amendment (2009 Measures No. 6) Act 2010

  in relation to deduction notices for successor funds;

  Income Tax Assessment Act 1997

  in relation to: deductible employer contributions for former employees; excess contributions tax assessments; and treatment of untaxed elements of public sector defined benefit schemes;

  Taxation Administration Act 1953

  to clarify the due date of the shortfall interest charge for excess contributions tax; and

  Superannuation (Unclaimed Money and Lost Members) Act 1999

  to change references to the Immigration Secretary and Immigration Department. Also makes consequential amendments. 

  Bill | Explanatory Memorandum

• Superannuation Supervisory Levy Imposition Amendment Bill 2012

  Track (What's this?)

  Date

  24 May 2012 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Introduced with the Superannuation Legislation Amendment (Stronger Super) Bill 2012, the bill amends the

  Superannuation Supervisory Levy Imposition Act 1998

  to enable the Treasurer to make more than one determination, for a financial year, of the restricted and unrestricted levy amounts, restricted and unrestricted levy percentages and the superannuation entity levy base. 

  Bill | Explanatory Memorandum

• Tax Laws Amendment (2010 Measures No. 4) Bill 2010

  Track (What's this?)

  Date

  29 Sep 2010 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the:

  A New Tax System (Goods and Services Tax) Act 1999

  in relation to certain third party payment adjustments;

  Income Tax Assessment Act 1997

  in relation to: the capital gains tax (CGT) treatment of water entitlements and termination fees; foreign currency gains and losses; certain takeovers and mergers qualifying for CGT scrip for scrip rollover; and the list of deductible gift recipients;

  Income Tax Assessment Act 1936

  ,

  Income Tax Assessment Act 1997

  ,

  Tax Laws Amendment (2010 Measures No. 1) Act 2010

  and

  Tax Laws Amendment (Taxation of Financial Arrangements) Act 2009

  in relation to: taxation of financial arrangements; and debt/equity rules;

  Income Tax Assessment Act 1936

  to: increase the threshold above which a taxpayer may claim the net medical expenses tax offset; and commence annually indexing the threshold to the Consumer Price Index; and

  Income Tax Assessment Act 1997

  and

  Income Tax (Transitional Provisions) Act 1997

  to extend access to tax deductible donations to all volunteer based emergency services, including volunteer fire brigades. 

  Bill | Explanatory Memorandum

• Tax Laws Amendment (2010 Measures No. 5) Bill 2011

  Track (What's this?)

  Date

  25 Nov 2010 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the:

  Income Tax Assessment Act 1997

  to: change the eligibility criteria for accessing film tax offsets; extend the main residence capital gains tax exemption to certain compulsory acquisitions; include terminal medical condition benefits; and include school uniforms as an eligible expense for the education expenses tax offset;

  Income Tax Assessment Act 1997

  and

  Income Tax (Transitional Provisions) Act 1997

  to adjust the benchmark interest rate used to determine the cost of capital protection;

  A New Tax System (Goods and Services Tax) Act 1999

  to allow non-profit sub-entities to access the goods and services tax concessions available to their parent entity; and

  Taxation Administration Act 1953

  to enable the Commissioner of Taxation not to apply a payment, credit or running balance account surplus against certain tax debts. 

  Bill | Explanatory Memorandum

• Tax Laws Amendment (2011 Measures No. 1) Bill 2011

  Track (What's this?)

  Date

  24 Feb 2011 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the:

  Income Tax Assessment Act 1997

  to exempt from income tax: the Disaster Recovery Subsidy paid to those affected by the floods in Australia during the summer of 2010-11 and by Cyclone Yasi; and ex-gratia payments to New Zealand non-protected special category visa holders for a disaster that occurred in Australia during the 2010-11 financial year;

  Income Tax Assessment Act 1997

  and

  Tax Laws Amendment (2009 Measures No. 2) Act 2009

  to exempt from income tax certain payments paid to small businesses and primary producers affected by the floods in Australia during the summer of 2010-11 and by Cyclone Yasi; and

  First Home Saver Accounts Act 2008

  and

  Income Tax Assessment Act 1997

  to enable money in a First Home Saver Account to be paid into a genuine mortgage after the end of a minimum qualifying period. 

  Bill | Explanatory Memorandum

• Tax Laws Amendment (2011 Measures No. 2) Bill 2011

  Track (What's this?)

  Date

  24 Mar 2011 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends: the

  Income Tax Assessment Act 1997

  in relation to the list of deductible gift recipients; the

  Superannuation Industry (Supervision) Act 1993

  in relation to self managed superannuation fund investment in collectables and personal use assets; the

  Retirement Savings Accounts Act 1997

  and

  Superannuation Industry (Supervision) Act 1993

  to allow superannuation fund trustees and retirement savings account providers to use tax file numbers in certain circumstances; the

  A New Tax System (Goods and Services Tax) Act 1999

  and

  A New Tax System (Luxury Car Tax) Act 1999

  to allow entities to self assess the goods and services tax treatment of a payment of an Australian tax, fee or charge; and 16 Acts to make technical amendments. 

  Bill | Explanatory Memorandum

• Tax Laws Amendment (2011 Measures No. 3) Bill 2011

  Track (What's this?)

  Date

  12 May 2011 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the:

  A New Tax System (Goods and Services Tax) Act 1999

  to allow supplies of particular types of new recreational boats to be goods and services tax free if the boats are exported within a specified 12-month period; and

  Income Tax (Transitional Provisions) Act 1997

  to enable the ongoing imposition of the general interest charge in certain circumstances. 

  Bill | Explanatory Memorandum

• Tax Laws Amendment (2011 Measures No. 4) Bill 2011

  Track (What's this?)

  Date

  26 May 2011 

  Chamber

  House of Representatives 

  Status

  Act 

  Portfolio

  Treasury 

  Summary

  Amends the:

  Taxation Administration Act 1953

  to: reduce the gross domestic product (GDP) factor to four per cent for the 2011-12 financial year for GDP-adjusted notional tax; and provide that contributions to superannuation required by an industrial instrument or rules of a superannuation fund are excluded from reportable employer superannuation contributions;

  Tax Laws Amendment (2009 Measures No. 3) Act 2009

  to make consequential amendments;

  Income Tax Assessment Act 1936

  and

  Income Tax Assessment Act 1997

  to provide that minors cannot use the low income tax offset to reduce tax due on certain income; and

  Income Tax Assessment Act 1997

  and

  Income Tax (Transitional Provisions) Act 1997

  in relation to the percentage of premiums for certain total and permanent disability insurance policies that can be claimed as deductions. 

  Bill | Explanatory Memorandum