Tax Laws Amendment (Medicare Levy and Medicare Levy Surcharge) Bill 2012

Type: Government
Portfolio: Treasury
Originating house: House of Representatives
Status: Act
Parliament no: 43
Summary: Amends the
A New Tax System (Medicare Levy Surcharge—Fringe Benefits) Act 1999
and
Medicare Levy Act 1986
to: increase the Medicare levy and Medicare levy surcharge low-income threshold amounts for individuals, families and pensioners below pension age; and increase the phase-in limits as a result of the increased threshold amounts. Also makes consequential amendments to the
Clean Energy (Tax Laws Amendments) Act 2011
.

Progress

House of Representatives
10 May 2012	Introduced and read a first time
10 May 2012	Second reading moved
22 May 2012	Second reading debate
22 May 2012	Second reading agreed to
22 May 2012	Third reading agreed to

Senate
18 Jun 2012	Introduced and read a first time
18 Jun 2012	Second reading moved
20 Jun 2012	Second reading agreed to
20 Jun 2012	Third reading agreed to

20 Jun 2012	Text of bill as passed both Houses
28 Jun 2012	Assent Act no.: 86 Year: 2012

Documents and transcripts

Text of bill

First reading
As passed by both houses

Explanatory memoranda

Explanatory memorandum

Transcript of speeches

Proposed amendments

No documents at present

Schedules of amendments

No documents at present

Committee Information

No documents at present

Bills Digest

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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 the 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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