Medical Research Future Fund Bill 2015

Type
Government
Portfolio
Finance
Originating house
House of Representatives
Status
Act
Parliament no
44

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Summary

Introduced with the Medical Research Future Fund (Consequential Amendments) Bill 2015 to establish the Medical Research Future Fund (MRFF) to support medical research and medical innovation from 1 August 2015, the bill provides for: initial funding of $1 billion from the uncommitted balance of the Health and Hospitals Fund; the establishment of the Australian Medical Research Advisory Board to develop the Australian Medical Research and Innovation Strategy and the Australian Medical Research and Innovation Priorities; and for the MRFF to be managed by the Future Fund Board of Guardians.

Progress

House of Representatives
Introduced and read a first time 27 May 2015
Second reading moved 27 May 2015
Second reading debate 04 Jun 2015
Second reading agreed to 04 Jun 2015
Consideration in detail debate 04 Jun 2015
Consideration in detail debate
  • Amendment details: 22 Government agreed to
22 Jun 2015
Third reading agreed to 22 Jun 2015
Senate
Introduced and read a first time 10 Aug 2015
Second reading moved 10 Aug 2015
Second reading debate 11 Aug 2015
Second reading debate 12 Aug 2015
Second reading agreed to 12 Aug 2015
Committee of the Whole debate
  • Amendment details: 20 Government agreed to
12 Aug 2015
Third reading agreed to 12 Aug 2015
House of Representatives
Message from Senate reported 12 Aug 2015
Consideration of Senate message
  • Details: House disagreed to Senate purported amendment no. 1 and made an amendment in place thereof and agreed to Senate amendments 2 to 20
13 Aug 2015
Senate
Consideration of House of Reps message
  • Details: Senate agreed to House amendment
13 Aug 2015
Finally passed both Houses 13 Aug 2015
Assent
  • Act no: 116
  • Year: 2015
26 Aug 2015

Documents and transcripts

Text of bill

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Explanatory memoranda

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Proposed amendments

House of representatives

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Senate

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Schedules of amendments

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Bills digest

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Notes

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.