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Bills of the current Parliament

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Tax and Superannuation Laws Amendment (Medicare Levy and Medicare Levy Surcharge) Bill 2016


Type
Government
Originating house
House of Representatives
Status
Act
Portfolio
Treasury

Summary

Amends the A New Tax System (Medicare Levy Surcharge—Fringe Benefits) Act 1999 and Medicare Levy Act 1986 to: increase the Medicare levy and Medicare levy surcharge low-income threshold amounts for individuals, families and individual taxpayers and families eligible for the seniors and pensioners tax offset; and increase the phase-in limits as a result of the increased threshold amounts.

Progress of bill

For committee reference information, please see the Notes section at the end of this page.

House of Representatives
Introduced and read a first time 02/05/16  
Second reading moved 02/05/16  
Second reading debate 02/05/16  
Second reading agreed to 02/05/16  
Third reading agreed to 02/05/16  
     
Senate
Introduced and read a first time 02/05/16  
Second reading moved 02/05/16  
Second reading debate 03/05/16  
Second reading agreed to 03/05/16  
Third reading agreed to 03/05/16  
     
Finally passed both Houses 03/05/16  
Assent 04/05/16 Act no: 39 - Year: 2016
     

Text of bill

  • First reading

MS-Word PDF HTML
  • As passed by both Houses

MS-Word PDF HTML

Explanatory memoranda

  • Explanatory memorandum

MS-Word PDF HTML

Second reading speeches


Proposed amendments

No proposed amendments have been circulated.

Schedules of amendments

Bills Digest



Notes