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.

Bills before Parliament

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TOTAL RESULTS: 245

  • Date
    20 Sep 2018 
    Chamber
    House of Representatives 
    Status
    Before House of Representatives 
    Portfolio
    Treasury 
    Summary
    Introduced with the Treasury Laws Amendment (Making Sure Foreign Investors Pay Their Fair Share of Tax in Australia and Other Measures) Bill 2018 and Income Tax Rates Amendment (Sovereign Entities) Bill 2018, the bill amends the
    Income Tax (Managed Investment Trust Withholding Tax) Act 2008
    to make consequential amendments to specify that the managed investment trust (MIT) withholding rate on income attributable to non-concessional MIT income is 30 per cent. 

    Bill | Explanatory Memorandum

  • Date
    20 Sep 2018 
    Chamber
    House of Representatives 
    Status
    Before House of Representatives 
    Portfolio
    Treasury 
    Summary
    Introduced with the Treasury Laws Amendment (Making Sure Foreign Investors Pay Their Fair Share of Tax in Australia and Other Measures) Bill 2018 and Income Tax (Managed Investment Trust Withholding Tax) Amendment Bill 2018, the bill amends the
    Income Tax Rates Act 1986
    to specify that sovereign entities are liable to income tax on taxable income at a rate of 30 per cent. 

    Bill | Explanatory Memorandum

  • Date
    20 Sep 2018 
    Chamber
    House of Representatives 
    Status
    Before House of Representatives 
    Portfolio
    Home Affairs 
    Summary
    Amends the:
    Telecommunications Act 1997
    to: establish frameworks for voluntary and mandatory industry assistance to law enforcement and intelligence agencies in relation to encryption technologies via the issuing of technical assistance requests, technical assistance notices and technical capability notices; and make amendments contingent on the commencement of the
    Federal Circuit and Family Court of Australia Act 2018
    ;
    Administrative Decisions (Judicial Review) Act 1977
    to provide that certain decisions under the new arrangements for industry assistance are not subject to judicial review;
    Criminal Code Act 1995
    to ensure providers are not criminally responsible for particular telecommunications and computer offences for any acts or things done consistent with a technical assistance request, technical assistance notice or technical capability notice;
    Australian Security Intelligence Organisation Act 1979
    and four other Acts to: provide an additional power for Commonwealth, state and territory law enforcement agencies investigating certain federal offences to obtain covert computer access warrants under the
    Surveillance Devices Act 2004
    ; and provide additional powers for law enforcement agencies in relation to the use of existing computer access powers;
    International Criminal Court Act 2002
    and two other Acts to make amendments contingent on the commencement of the
    Crimes Legislation Amendment (International Crime Cooperation and Other Measures) Act 2018
    ;
    Crimes Act 1914
    to amend the search warrant framework to: allow law enforcement agencies to collect evidence from electronic devices under warrant remotely; increase penalties for not complying with orders from a judicial officer requiring assistance in accessing electronic devices where a warrant is in force; and increase the period during which an electronic device found while executing a warrant can be moved to another place for analysis from 14 days to 30 days;
    Customs Act 1901
    to: provide the Australian Border Force with a new power to request a search warrant to be issued in respect of a person for the purposes of seizing a computer or data storage device; increase penalties for not complying with orders from a judicial officer requiring assistance in accessing electronic devices where a warrant is in force; and increase the timeframe for the examination of electronic devices moved under a warrant from 72 hours to 30 days; and
    Australian Security Intelligence Organisation Act 1979
    to: provide that a person or body is not subject to civil liability where they voluntarily provide assistance to ASIO, or give information or produce a document to ASIO unsolicited, in certain circumstances; and enable ASIO to require a person with knowledge of a computer or a computer system to provide assistance that is reasonable and necessary to gain access to data on a device that is subject to an ASIO warrant. 

    Bill | Explanatory Memorandum

  • Date
    20 Sep 2018 
    Chamber
    House of Representatives 
    Status
    Before House of Representatives 
    Portfolio
    Treasury 
    Summary
    Amends the:
    Corporations Act 2001
    to introduce design and distribution obligations in relation to financial products;
    Corporations Act 2001
    and
    National Consumer Credit Protection Act 2009
    to introduce a product intervention power for the Australian Securities and Investments Commission to prevent or respond to significant consumer detriment; and
    Australian Securities and Investments Commission Act 2001
    to make consequential amendments. 

    Bill | Explanatory Memorandum

  • Date
    20 Sep 2018 
    Chamber
    House of Representatives 
    Status
    Before House of Representatives 
    Portfolio
    Treasury 
    Summary
    Introduced with the Income Tax (Managed Investment Trust Withholding Tax) Amendment Bill 2018 and Income Tax Rates Amendment (Sovereign Entities) Bill 2018, the bill amends the:
    Income Tax Assessment Act 1997
    and
    Taxation Administration Act 1953
    to limit access to tax concessions for foreign investors by increasing the managed investment trust (MIT) withholding rate on fund payments that are attributable to non-concessional MIT income (including MIT cross staple arrangement income) to 30 per cent;
    Income Tax Assessment Act 1997
    to modify the thin capitalisation rules to prevent double gearing structures;
    Income Tax Assessment Act 1936
    to limit access to tax concessions for foreign investors by limiting the withholding tax exemption for superannuation funds for foreign residents; and
    Income Tax Assessment Act 1936
    and
    Income Tax Assessment Act 1997
    to limit access to tax concessions for foreign investors by codifying and limiting the scope of the sovereign immunity tax exemption. 

    Bill | Explanatory Memorandum

  • Date
    20 Sep 2018 
    Chamber
    House of Representatives 
    Status
    Before House of Representatives 
    Portfolio
    Treasury 
    Summary
    Amends the:
    Income Tax Assessment Act 1997
    and
    Tax Laws Amendment (Research and Development) Act 2015
    to: permanently increase the research and development (R&D) expenditure threshold from $100 million to $150 million; link the R&D tax offset for refundable R&D tax offset claimants to their corporate tax rates plus a 13.5 percentage point premium; cap the refundability of the R&D tax offset at $4 million per annum; and increase the targeting of the R&D tax incentive to larger R&D entities with high levels of R&D intensity;
    Income Tax Assessment Act 1997
    to extend the concept of tax benefits in the general anti-avoidance rule in Part IVA of the
    Income Tax Assessment Act 1936
    to include the R&D tax offset;
    Income Tax Assessment Act 1997
    ,
    Income Tax Rates Act 1986
    and
    Income Tax (Transitional Provisions) Act 1997
    to: remake and consolidate provisions relating to clawback of R&D recoupments and feedstock adjustments; introduce a new uniform clawback rule that applies for recoupments, feedstock adjustments and balancing adjustment amounts that are included in an R&D entity’s assessable income; and introduce a new catch-up rule for R&D assets;
    Taxation Administration Act 1953
    to require the Commissioner of Taxation to publish information about the R&D activities of R&D entities claiming the R&D tax offset following a two-year delay;
    Industry Research and Development Act 1986
    (IR&D Act) to: provide for the Board of Innovation and Science Australia (ISA) to make a determination, by notifiable instrument, about how it will exercise its powers and perform its functions and duties; and expand the existing power of the Board of ISA and its committees to delegate some or all of their functions to include certain members of the Australian Public Service; Industry Research and Development Decision-making Principles 2011 to provide that extensions of time granted under the IR&D Act may relate to certain applications;
    Income Tax Assessment Act 1936
    and
    Income Tax Assessment Act 1997
    to: require an entity to use the value of the assets, liabilities and equity capital that are used in its financial statements; remove the ability for an entity to revalue its assets specifically for thin capitalisation purposes; and ensure that non-ADI foreign controlled Australian tax consolidated groups and multiple entry consolidated groups that have foreign investments or operations are treated as both outward investing and inward investing entities;
    A New Tax System (Goods and Services Tax) Act 1999
    to require offshore suppliers of rights or options to use commercial accommodation in Australia to include these supplies in working out their GST turnover;
    A New Tax System (Luxury Car Tax) Act 1999
    to remove liability for luxury car tax from cars that are re-imported following service, repair or refurbishment overseas; and
    Income Tax Assessment Act 1997
    and
    Taxation Administration Act 1953
    to: extend the circumstances in which an entity is a significant global entity; and amend the country by country reporting requirements to apply to a subset of significant global entities referred to as country by country reporting entities. 

    Bill | Explanatory Memorandum

  • Date
    19 Sep 2018 
    Chamber
    House of Representatives 
    Status
    Before House of Representatives 
    Portfolio
    Home Affairs 
    Summary
    Introduced with the Customs Tariff Amendment (Peru-Australia Free Trade Agreement Implementation) Bill 2018 to implement Australia's obligations under the Peru-Australia Free Trade Agreement, the bill amends the
    Customs Act 1901
    to: provide preferential rates of duty for certain Peruvian originating goods; and impose certain obligations on exporters and producers of eligible goods to Peru for which a preferential rate of customs duty is claimed. 

    Bill | Explanatory Memorandum

  • Date
    19 Sep 2018 
    Chamber
    House of Representatives 
    Status
    Before House of Representatives 
    Portfolio
    Home Affairs 
    Summary
    Introduced with the Customs Amendment (Peru-Australia Free Trade Agreement Implementation) Bill 2018 to implement Australia's obligations under the Peru-Australia Free Trade Agreement, the bill amends the
    Customs Act 1901
    to: provide preferential rates of customs duty for all goods, excluding excise-equivalent goods, that are Peruvian originating goods; provide for excise-equivalent rates of duty on certain alcohol, tobacco, fuel and petroleum products; and maintain customs duty rates for certain Peruvian originating goods. 

    Bill | Explanatory Memorandum

  • Date
    19 Sep 2018 
    Chamber
    House of Representatives 
    Status
    Before House of Representatives 
    Portfolio
    Education and Training 
    Summary
    Introduced with the Higher Education Support Amendment (Cost Recovery) Bill 2018, the bill amends the
    Higher Education Support Act 2003
    to impose an annual charge on all higher education providers whose students are entitled to HECS-HELP assistance or FEE-HELP assistance. 

    Bill | Explanatory Memorandum

  • Date
    19 Sep 2018 
    Chamber
    House of Representatives 
    Status
    Before House of Representatives 
    Portfolio
    Education and Training 
    Summary
    Introduced with the Higher Education Support (Charges) Bill 2018, the bill amends the
    Higher Education Support Act 2003
    to: implement an application fee for applications for approval as higher education providers whose students are entitled to FEE-HELP assistance; and provide for the collection and administration of the annual charge on higher education providers. 

    Bill | Explanatory Memorandum

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