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TOTAL RESULTS: 96

  • Corporations Amendment (Crowd-sourced Funding) Bill 2015

    Track (What's this?)

    Date
    03 Dec 2015 
    Chamber
    House of Representatives 
    Status
    Before Senate 
    Portfolio
    Treasury 
    Summary
    Amends the
    Corporations Act 2001
    to: establish a framework to facilitate crowd-sourced funding offers by small unlisted public companies; provide new public companies that are eligible to crowd fund with temporary relief from reporting and corporate governance requirements that would usually apply; and enable the minister to provide that certain financial market and clearing and settlement facility operators are exempt from specified parts of the Australian Market Licence and clearing and settlement facility licencing regimes; and the
    Australian Securities and Investments Commission Act 2001
    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
    Passed Both Houses 
    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

  • Income Tax Rates Amendment (Managed Investment Trusts) Bill 2015

    Track (What's this?)

    Date
    03 Dec 2015 
    Chamber
    House of Representatives 
    Status
    Passed Both Houses 
    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 Rates Act 1986
    to specify the rate of tax payable by trustees of attribution management investment trusts 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
    Passed Both Houses 
    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
    Passed Both Houses 
    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

  • Criminal Code Amendment (Firearms Trafficking) Bill 2015

    Track (What's this?)

    Date
    02 Dec 2015 
    Chamber
    House of Representatives 
    Status
    Before Senate 
    Portfolio
    Justice 
    Summary
    Amends the
    Criminal Code Act 1995
    to provide for a mandatory minimum sentence and increased maximum penalties for the offences of trafficking firearms or firearms parts within Australia, and into and out of Australia. 

    Bill | Explanatory Memorandum

  • Social Security Legislation Amendment (Community Development Program) Bill 2015

    Track (What's this?)

    Date
    02 Dec 2015 
    Chamber
    Senate 
    Status
    Before Senate 
    Portfolio
    Indigenous Affairs 
    Summary
    Amends the
    Social Security Act 1991
    and
    Social Security (Administration) Act 1999
    to: create new income support payment and compliance arrangements for individuals living in remote Australia who are eligible for activity tested income support payments including newstart, youth allowance, parenting payment, disability support pension and special benefit; and remove spent provisions in relation to the Northern Territory Community CDEP Transition Payment and the Community Development Employment Project Scheme; and the
    Social Security (Administration) Act 1999
    and
    Social Services Legislation Amendment (Youth Employment) Act 2015
    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

  • Australian Broadcasting Corporation Amendment (Rural and Regional Advocacy) Bill 2015

    Track (What's this?)

    Date
    01 Dec 2015 
    Chamber
    Senate 
    Status
    Before Senate 
    Sponsor
     
    Summary
    Amends the
    Australian Broadcasting Corporation Act 1983
    to: amend the Australian Broadcasting Corporation’s (ABC) Charter in relation to the delivery of services to rural and regional Australia in each state and territory; impose certain requirements on the ABC and the ABC Board; and provide for the establishment, functions and membership of the Rural and Regional Advisory Council. 

    Bill | Explanatory Memorandum

  • Family Law Amendment (Financial Agreements and Other Measures) Bill 2015

    Track (What's this?)

    Date
    25 Nov 2015 
    Chamber
    Senate 
    Status
    Before Senate 
    Portfolio
    Attorney-General 
    Summary
    Amends the
    Family Law Act 1975
    to: amend the financial agreement regime to remove existing uncertainties around requirements for entering, interpreting and enforcing agreements, make changes to the coverage of spousal maintenance matters in agreements, provide for a statement of principles to outline their binding nature, and to reinforce the binding nature of the agreements; strengthen protections from violence in certain procedural matters; strengthen Australia’s response to international parental child abduction; update the arrest powers of the family court; assist the operation of the family law courts; and make minor and technical amendments. 

    Bill | Explanatory Memorandum

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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.

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