Second Reading Speeches

Emergency Response Fund Bill 2019

Type
Government
Portfolio
Finance
Originating house
House of Representatives
Status
Assent
Parliament no
46

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Summary

Introduced with the Emergency Response Fund (Consequential Amendments) Bill 2019, the bill uses uncommitted funds from the Education Investment Fund to establish the Emergency Response Fund (comprised of the Emergency Response Fund Special Account and the investments of the Emergency Response Fund) as a dedicated investment vehicle to provide an additional funding source for future emergency response and natural disaster recovery. Also establishes the Home Affairs Emergency Response Fund Special Account.