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Second Reading Speeches

Fairer Private Health Insurance Incentives Bill 2009

Type
Government
Portfolio
Treasury
Originating house
House of Representatives
Status
Not Proceeding
Parliament no
42

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Summary

Part of a package of three bills to effect three private health insurance tiers, the bill amends the

Income Tax Assessment Act 1936
,
Income Tax Assessment Act 1997
,
Private Health Insurance Act 2007
,
Taxation Administration Act 1953
and
Taxation (Interest on Overpayments and Early Payments) Act 1983
to reduce the amount of private health insurance rebate eligible taxpayers with complying private health insurance are entitled to when their income for surcharge purposes is above the relevant Medicare levy surcharge threshold.