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Bills of previous Parliaments

Although every effort is made to ensure the accuracy of bills homepages, the authoritative sources for verifying the progress of bills are the House of Representatives Votes and Proceedings and the Journals of the Senate.

Tax Laws Amendment (2010 Measures No. 5) Bill 2011


Previous citations:

Tax Laws Amendment (2010 Measures No. 5) Bill 2010



Type
Government
Originating house
House of Representatives
Status
Act
Portfolio
Treasury

Summary

Amends the: Income Tax Assessment Act 1997 to: change the eligibility criteria for accessing film tax offsets; extend the main residence capital gains tax exemption to certain compulsory acquisitions; include terminal medical condition benefits; and include school uniforms as an eligible expense for the education expenses tax offset; Income Tax Assessment Act 1997 and Income Tax (Transitional Provisions) Act 1997 to adjust the benchmark interest rate used to determine the cost of capital protection; A New Tax System (Goods and Services Tax) Act 1999 to allow non-profit sub-entities to access the goods and services tax concessions available to their parent entity; and Taxation Administration Act 1953 to enable the Commissioner of Taxation not to apply a payment, credit or running balance account surplus against certain tax debts.

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 25/11/10  
Second reading moved 25/11/10  
Second reading debate 01/03/11  
Second reading debate 02/03/11  
Consideration in detail debate 02/03/11  
Second reading agreed to 02/03/11  
Third reading agreed to 02/03/11  
     
Senate
Introduced and read a first time 02/03/11  
Second reading moved 02/03/11  
Second reading debate 20/06/11  
Second reading agreed to 20/06/11  
Committee of the Whole debate 20/06/11  
Third reading agreed to 20/06/11  
     
Text of bill as passed both Houses 20/06/11  
Assent 29/06/11 Act no.: 61 of 2011
     

Text of bill

  • First reading

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  • As passed by both Houses

MS-Word PDF HTML

Explanatory memoranda

  • Explanatory memorandum

MS-Word PDF HTML

Second reading speeches


Proposed amendments

House of Representatives
  • Non-Government
HOCKEY, Joe, MP

MS-Word PDF HTML
Senate
  • Opposition [sheet 7069]
CORMANN, Sen Mathias

MS-Word PDF HTML

Schedules of amendments

Bills Digest



Notes
  • Referred to Committee (10/02/2011): Schedule 2 of the bill referred to the Senate Economics Legislation Committee
  • Committee report (25/03/2011)
  • Access information for House of Representatives and Senate committees
  • An electronic version of this Act is available in ComLaw ( www.comlaw.gov.au )