Bills before Parliament

Search all bills

Period
Status

Current Bills

Previous Bills

Type

TOTAL RESULTS: 96

  • Financial System Legislation Amendment (Resilience and Collateral Protection) Bill 2016

    Track (What's this?)

    Date
    16 Mar 2016 
    Chamber
    House of Representatives 
    Status
    Assent 
    Portfolio
    Treasury 
    Summary
    Amends the
    Payment Systems and Netting Act 1998
    to enable financial institutions to comply with internationally-agreed margining requirements when dealing in over-the-counter derivatives; and provide legal certainty about the operation of Australian law in relation to termination rights under certain financial market transactions and approved Real Time Gross Settlement systems, approved netting arrangements and netting markets in all market conditions. Also makes consequential amendments to five Acts. 

    Bill | Explanatory Memorandum

  • National Disability Insurance Scheme Amendment Bill 2016

    Track (What's this?)

    Date
    16 Mar 2016 
    Chamber
    House of Representatives 
    Status
    Assent 
    Portfolio
    Social Services 
    Summary
    Amends the
    National Disability Insurance Scheme Act 2013
    to increase the maximum number of board members of the National Disability Insurance Scheme Launch Transition Agency to 12 members, including the Chair; and clarify the quorum arrangements for board meetings. 

    Bill | Explanatory Memorandum

  • Tax Laws Amendment (Tax Incentives for Innovation) Bill 2016

    Track (What's this?)

    Date
    16 Mar 2016 
    Chamber
    House of Representatives 
    Status
    Assent 
    Portfolio
    Treasury 
    Summary
    Amends the:
    Income Tax Assessment Act 1997
    ,
    Income Tax Assessment Act 1936
    and
    Taxation Administration Act 1953
    to: create an early stage investor regime that provides tax incentives for qualifying investors through a non-refundable tax offset and capital gains tax exemption on innovation related investments; require early stage innovation companies to report on specific innovation related investments; and provide a mechanism for Innovation Australia to provide guidance about whether particular investment activities are ineligible activities;
    Income Tax Assessment Act 1997
    to: provide non-refundable carry-forward tax offsets for limited partners in early stage venture capital limited partnerships (ESVCLP); provide for a capital gains tax exemption for fixed and unit trust beneficiaries of partners in ESVCLPs; and exclude small entities from eligible venture capital investment auditor requirements;
    Venture Capital Act 2002
    to increase the maximum fund size for ESVCLPs to $200 million;
    Income Tax Assessment Act 1997
    and
    Venture Capital Act 2002
    to: remove the requirement that an ESVCLP divest an investment in an entity once the value of the entity’s assets exceeds $250 million; provide that an entity can invest in another entity and remain an eligible venture capital investment; and enable foreign venture capital funds of funds to hold more than 30 per cent of the committee capital of an ESVCLP and extend their access to capital gains tax and other income tax concessions in relation to eligible venture capital investments; and
    Income Tax Assessment Act 1936
    and
    Taxation Administration Act 1953
    to enable a managed investment trust to disregard its investment in, and through, an ESVCLP or venture capital limited partnership when determining if it is a trading trust. 

    Bill | Explanatory Memorandum

  • Tax and Superannuation Laws Amendment (2016 Measures No. 1) Bill 2016

    Track (What's this?)

    Date
    10 Feb 2016 
    Chamber
    House of Representatives 
    Status
    Assent 
    Portfolio
    Treasury 
    Summary
    Amends the:
    A New Tax System (Goods and Services Tax) Act 1999
    to ensure that the goods and services tax (GST) is applied consistently to all supplies of digital products and other imported services to Australian consumers; and relieve non-resident suppliers of the obligation to account for GST on certain supplies;
    A New Tax System (Australian Business Number) Act 1999
    ,
    A New Tax System (Goods and Services Tax) Act 1999
    and
    Taxation Administration Act 1953
    to make consequential amendments;
    Income Tax Assessment Act 1997
    to increase the maximum amount that can be held in farm management deposits (FMDs) by a primary producer to $800 000; and enable certain primary producers experiencing severe drought conditions to withdraw an amount that has been held in an FMD for less than 12 months,
    Income Tax Assessment Act 1997
    and
    Taxation Administration Act 1953
    to enable FMDs to be used to offset loans or other debts; and
    Income Tax Assessment Act 1997
    to make a technical amendment. 

    Bill | Explanatory Memorandum

  • Australian Crime Commission (National Policing Information Charges) Bill 2015

    Track (What's this?)

    Date
    03 Dec 2015 
    Chamber
    House of Representatives 
    Status
    Assent 
    Portfolio
    Justice 
    Summary
    Introduced with the Australian Crime Commission Amendment (National Policing Information) Bill 2015, the bill enables the Australian Crime Commission to impose charges for applications for, and the provision of, national policing information services. 

    Bill | Explanatory Memorandum

  • Australian Crime Commission Amendment (National Policing Information) Bill 2015

    Track (What's this?)

    Date
    03 Dec 2015 
    Chamber
    House of Representatives 
    Status
    Assent 
    Portfolio
    Justice 
    Summary
    Introduced with the Australian Crime Commission (National Policing Information Charges) Bill 2015, the bill merges the functions of the CrimTrac Agency into the Australian Crime Commission (ACC) by amending the
    Australian Crime Commission Act 2002
    to enable the ACC to perform CrimTrac’s functions, including providing national coordinated criminal history checks; and the
    Crimes Act 1914
    ,
    Law Enforcement Integrity Commissioner Act 2006
    and
    Privacy Act 1988
    to make consequential amendments. 

    Bill | Explanatory Memorandum

  • Income Tax (Attribution Managed Investment Trusts—Offsets) Bill 2015

    Track (What's this?)

    Date
    03 Dec 2015 
    Chamber
    House of Representatives 
    Status
    Assent 
    Portfolio
    Treasury 
    Summary
    Part of a package of four bills to establish a new tax system for certain managed investment trusts, the bill imposes tax on trustees of an attribution management investment trust in relation to amounts of a character relating to tax offsets in certain circumstances. 

    Bill | Explanatory Memorandum

  • Medicare Levy Amendment (Attribution Managed Investment Trusts) Bill 2015

    Track (What's this?)

    Date
    03 Dec 2015 
    Chamber
    House of Representatives 
    Status
    Assent 
    Portfolio
    Treasury 
    Summary
    Part of a package of four bills to establish a new tax system for certain managed investment trusts, the bill amends the
    Medicare Levy Act 1986
    to impose the two per cent Medicare levy on trustees of attribution management investment trusts in certain circumstances. 

    Bill | Explanatory Memorandum

  • Tax Laws Amendment (New Tax System for Managed Investment Trusts) Bill 2015

    Track (What's this?)

    Date
    03 Dec 2015 
    Chamber
    House of Representatives 
    Status
    Assent 
    Portfolio
    Treasury 
    Summary
    Part of a package of four bills to establish a new tax system for certain managed investment trusts, the bill amends the:
    Income Tax Assessment Act 1997
    and
    Taxation Administration Act 1953
    to establish the new class of attribution managed investment trusts (AMIT); and enable the Commissioner of Taxation to determine an amount of non-arm’s length income in relation to a managed investment trust (MIT);
    Income Tax Assessment Act 1997
    to provide that a member of an AMIT will make a capital gain or capital loss when a capital gains tax event happens to their membership interests;
    Income Tax Assessment Act 1936
    ,
    Income Tax Assessment Act 1997
    and
    Taxation Administration Act 1953
    to provide that fund payment withholding provisions apply when a withholding MIT makes a fund payment to another entity that has a place of payment or address outside Australia;
    Income Tax Assessment Act 1936
    and
    Income Tax Assessment Act 1997
    to exclude certain superannuation funds and exempt entities from the application of the 20 per cent tracing rule for public trading trusts;
    Income Tax Assessment Act 1936
    to repeal the corporate unit trust rules; and
    Taxation Administration Act 1953
    to extend the list of entities qualifying as eligible investors for the purpose of the widely held requirements. Also amends 13 Acts to make consequential amendments. 

    Bill | Explanatory Memorandum

  • Social Services Legislation Amendment (Miscellaneous Measures) Bill 2015

    Track (What's this?)

    Date
    02 Dec 2015 
    Chamber
    House of Representatives 
    Status
    Assent 
    Portfolio
    Social Services 
    Summary
    Amends the
    Social Security Act 1991
    in relation to: special benefit payments; assessment of full-time study load for youth allowance and austudy payments; the definition of new apprentices; exemptions from the assets test for austudy payments; indexation of pharmaceutical allowance; calculating allowable income for the purposes of step 2 of the health care card income test calculator; and technical corrections; and the
    A New Tax (Family Assistance)(Administration) Act 1999
    to re-align the time period for income reconciliation for certain family tax benefit recipients; and remove a delegation provision. 

    Bill | Explanatory Memorandum

Facebook LinkedIn Twitter Add | Email Print

What is a bill?

A bill is a proposal for a law or a change to an existing law. A bill becomes law (an Act) when agreed to in identical form by both houses of Parliament and assented to by the Governor-General.

Parliament House Calendar

November 2012

Sun Mon Tue Wed Thu Fri Sat
282930311 Both2 Other3
4567 Other8 Other910
1112 Other13 Other14 Other15 Other16 Other17
1819 Senate20 Senate21 Senate22 Senate23 Other24
2526 Both27 Both28 Both29 Both30 Other1
  • Senate
  • House of Representatives
  • Both
  • Public Holiday
  • Other
Back to top