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Second Reading Speeches

Commonwealth Electoral Amendment (Cleaning up Political Donations) Bill 2022

Type
Private
Sponsor(s)
WILKIE, Andrew, MP
Originating house
House of Representatives
Status
Not Proceeding
Parliament no
46

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Summary

Amends the

Commonwealth Electoral Act 1918
to: lower the donation disclosure threshold from $13 800 to $1000 for individual donations and require aggregation under the threshold; expand the definition of 'gift'; introduce a cap of $50 000 on the total amount of donations a donor can provide during an electoral cycle; require real-time disclosure by gift recipients to the Australian Electoral Commission (AEC) within two business days of the donation threshold being reached or exceeded; require the AEC to publish donation returns by reporting entities on the Transparency Register as soon as reasonably practicable; introduce an electoral expenditure cap to limit the amount of money that can be spent on federal election campaigns; prohibit political donations from particular industries, including fossil fuel entities, gambling companies, liquor companies and the tobacco industry; and increase certain penalties for corporations

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