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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 (Medicare Levy and Medicare Levy Surcharge) Bill 2012


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 pensioners below pension age; and increase the phase-in limits as a result of the increased threshold amounts. Also makes consequential amendments to the Clean Energy (Tax Laws Amendments) Act 2011.

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 10/05/12  
Second reading moved 10/05/12  
Second reading debate 22/05/12  
Second reading agreed to 22/05/12  
Third reading agreed to 22/05/12  
     
Senate
Introduced and read a first time 18/06/12  
Second reading moved 18/06/12  
Second reading agreed to 20/06/12  
Third reading agreed to 20/06/12  
     
Text of bill as passed both Houses 20/06/12  
Assent 28/06/12 Act no.: 86 - Year: 2012
     

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