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

Type
Government
Portfolio
Treasury 
Originating house
House of Representatives 
Status
Act 
Parliament no
43
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. 

Track this bill (What's this?)

Permalink

Progress

House of Representatives
25 Nov 2010Introduced and read a first time
25 Nov 2010Second reading moved
01 Mar 2011Second reading debate
02 Mar 2011Second reading debate
02 Mar 2011Consideration in detail debate
02 Mar 2011Second reading agreed to
02 Mar 2011Third reading agreed to
Senate
02 Mar 2011Introduced and read a first time
02 Mar 2011Second reading moved
20 Jun 2011Second reading debate
20 Jun 2011Second reading agreed to
20 Jun 2011Committee of the Whole debate
20 Jun 2011Third reading agreed to


20 Jun 2011Text of bill as passed both Houses
29 Jun 2011Assent

Act no.: 61

Year: 2011

Documents and transcripts

Text of bill

Word Format PDF Format
Word Format PDF Format

Explanatory memoranda

Word Format PDF Format

Transcript of speeches

Proposed amendments

Senate
Word Format PDF Format
House of Representatives
Word Format PDF Format

Schedules of amendments

No documents at present

Committee Information

No documents at present

Bills Digest PDF Format

Notes

Back to top

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.

Back to top

Facebook LinkedIn Twitter Add | Email Print