Terms of Reference

Senator Urquhart, at the request of the Chair of the Economics References Committee (Senator Gallacher) and pursuant to notice of motion not objected to as a formal motion, moved business of the Senate notice of motion no. 1—

1. The Senate notes:
(a) the Treasury Laws Amendment (2021 Measures No. 1) Bill 2021 was introduced in the House of Representatives and read a first time on 17 February 2021;
(b) on 18 February 2021, the Senate referred the provisions of the bill to the Economics Legislation Committee (the committee) for inquiry and report by 12 March 2021;
(c) on 25 February 2021, the Senate extended the reporting date to 30 June 2021; and
(d) despite the decision of the Senate on 25 February 2021, the committee tabled its report on the bill on 12 March 2021, with many interested parties unable to make submissions to the shorter inquiry.

2. The provisions of the Treasury Laws Amendment (2021 Measures No. 1) Bill 2021 be referred to the Economics References Committee for inquiry and report by 30 June 2021.

3. Notwithstanding any earlier committee report on the bill, following introduction in the Senate debate on the bill be adjourned until the first sitting day in August 2021.

 

Committee Secretariat contact:

Senate Standing Committees on Economics
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economics.sen@aph.gov.au