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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 (2011 Measures No. 1) Bill 2011


Type
Government
Originating house
House of Representatives
Status
Act
Portfolio
Treasury

Summary

Amends the: Income Tax Assessment Act 1997 to exempt from income tax: the Disaster Recovery Subsidy paid to those affected by the floods in Australia during the summer of 2010-11 and by Cyclone Yasi; and ex-gratia payments to New Zealand non-protected special category visa holders for a disaster that occurred in Australia during the 2010-11 financial year; Income Tax Assessment Act 1997 and Tax Laws Amendment (2009 Measures No. 2) Act 2009 to exempt from income tax certain payments paid to small businesses and primary producers affected by the floods in Australia during the summer of 2010-11 and by Cyclone Yasi; and First Home Saver Accounts Act 2008 and Income Tax Assessment Act 1997 to enable money in a First Home Saver Account to be paid into a genuine mortgage after the end of a minimum qualifying period.

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 24/02/11  
Second reading moved 24/02/11  
Referred to Main Committee 24/03/11  
Second reading debate 24/03/11  
Second reading agreed to 24/03/11  
Reported from Main Committee 24/03/11  
Third reading agreed to 24/03/11  
     
Senate
Introduced and read a first time 25/03/11  
Second reading moved 25/03/11  
Second reading debate 10/05/11  
Second reading agreed to 10/05/11  
Third reading agreed to 10/05/11  
     
Text of bill as passed both Houses 10/05/11  
Assent 25/05/11 Act no.: 31 - Year: 2011
     

Text of bill

  • First reading

MS-Word PDF HTML
  • As passed by both Houses

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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