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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 (Simplified Superannuation) Bill 2007


Previous citations:

Tax Laws Amendment (Simplified Superannuation) Bill 2006



Type
Government
Originating house
House of Representatives
Status
Act
Portfolio
Treasury

Summary

Part of a package of six bills to reform the superannuation system, the bill amends the taxation and superannuation laws to: implement a simplified and streamlined superannuation system; and rewrite and consolidate superannuation taxation law into the Income Tax Assessment Act 1997. Also enables Australians aged 60 or over to access their superannuation benefits tax free if they are paid from a taxed superannuation fund.

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 07/12/06  
Second reading moved 07/12/06  
Second reading agreed to 13/02/07  
Third reading agreed to 13/02/07  
     
Senate
Introduced and read a first time 26/02/07  
Second reading moved 26/02/07  
Second reading agreed to 27/02/07  
Third reading agreed to 27/02/07  
     
Assent 15/03/07 Act no.: 9 - Year: 2007
     

Text of bill

  • First reading

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