Nation-building Funds Bill 2008

Type
Government
Portfolio
Finance and Deregulation
Originating house
House of Representatives
Status
Act
Parliament no
42
Summary
Introduced with the Nation-building Funds (Consequential Amendments) Bill 2008 and further to the COAG Reform Fund Bill 2008, the bill establishes three financial asset funds to provide capital investment in transport, communications, energy, water, higher and vocational education and health infrastructure: the Building Australia Fund, the Education Investment Fund and the Health and Hospitals Fund. The funds will be established as special accounts in the Consolidated Revenue Fund and will be managed by the Future Fund Board of Guardians.

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Progress

House of Representatives
Introduced and read a first time 13 Nov 2008
Second reading moved 13 Nov 2008
Referred to Main Committee 25 Nov 2008
Second reading debate 25 Nov 2008
Second reading debate 26 Nov 2008
Reported from Main Committee 26 Nov 2008
Second reading debate 27 Nov 2008
Referred to Main Committee 01 Dec 2008
Second reading debate 01 Dec 2008
Reported from Main Committee 01 Dec 2008
Second reading agreed to 01 Dec 2008
Third reading agreed to 01 Dec 2008
Senate
Introduced and read a first time 03 Dec 2008
Second reading moved 03 Dec 2008
Second reading debate 04 Dec 2008
Second reading agreed to 04 Dec 2008
Committee of the Whole debate
  • Amendment details: 69 Opposition and 9 Australian Greens/Opposition agreed to
04 Dec 2008
Third reading agreed to 04 Dec 2008
House of Representatives
Consideration of Senate message
  • Details: House disagreed to Senate amendments
04 Dec 2008
Senate
Consideration of House of Reps message
  • Details: Senate did not insist on its amendments
04 Dec 2008
(After Midnight)
Text of bill as passed both Houses 04 Dec 2008
(After Midnight)
Assent
  • Act no.: 154
  • Year: 2008
18 Dec 2008

Documents and transcripts

Text of bill

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Explanatory memoranda

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Proposed amendments

Senate

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Schedules of amendments

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Bills digest

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Notes

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Helpful information

Text of bill

  • First reading: Text of the bill as introduced into the Parliament
  • Third reading: Prepared if the bill is amended by the house in which it was introduced. This version of the bill is then considered by the second house.
  • As passed by both houses: Final text of bill agreed to by both the House of Representatives and the Senate which is presented to the Governor-General for assent.

Explanatory memoranda

  • Explanatory memorandum: Accompanies and provides an explanation of the content of the introduced version (first reading) of the bill.
  • Supplementary explanatory memorandum: Accompanies and explains amendments proposed by the government to the bill.
  • Revised explanatory memorandum: Accompanies and explains the amended version (third reading) of the bill. It supersedes the explanatory memorandum.

Proposed amendments

Circulated by members and senators when they propose to make changed to the bill. For details about the outcome of proposed amendments please refer to either theĀ Votes and Proceedings (House of Representatives) or the Journals (Senate).

Schedules of amendments

Schedules of amendments list amendments agreed to by the second house are communicated to the first house for consideration. Subsequent action by either house may also be included in a schedule.

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