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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 (2012 Measures No. 4) Bill 2012


Type
Government
Originating house
House of Representatives
Status
Act
Portfolio
Treasury

Summary

Amends the: Fringe Benefits Tax Assessment Act 1986 to limit the concessional tax treatment of living-away-from-home allowances and benefits to certain employees for a maximum period of 12 months; A New Tax System (Goods and Services Tax) Act 1999 to clarify the goods and services tax consequences when a representative of an incapacitated entity is a creditor of that entity; and Tax Laws Amendment (2012 Measures No. 2) Act 2012 in relation to consolidation events so that no interest is payable if an overpayment of income tax arises because of a deduction under the pre-rules and no shortfall interest or administrative penalty is payable if additional tax becomes payable under the pre-rules or interim rules.

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 28/06/12  
Second reading moved 28/06/12  
Second reading debate 21/08/12  
Second reading agreed to 21/08/12  
Consideration in detail debate 21/08/12 Amendment details: 1 Government agreed to
Third reading agreed to 21/08/12  
     
Senate
Introduced and read a first time 23/08/12  
Second reading moved 23/08/12  
Second reading debate 19/09/12  
Second reading agreed to 19/09/12  
Third reading agreed to 19/09/12  
     
Assent 28/09/12 Act no.: 142 of 2012
     

Text of bill

  • First reading

MS-Word PDF HTML
  • Third reading

MS-Word PDF HTML

Explanatory memoranda

  • Explanatory memorandum

MS-Word PDF HTML
  • Supplementary explanatory memorandum

MS-Word PDF HTML
  • Revised explanatory memorandum

MS-Word PDF HTML

Second reading speeches


Proposed amendments

House of Representatives
  • Government [sheet CJ249]

MS-Word PDF HTML

Schedules of amendments

Bills Digest



Notes
  • Referred to Committee (28/06/2012): House Standing Committee on Economics; Committee report (15/08/2012)
  • Access information for House of Representatives and Senate committees
  • An electronic version of this Act is available in ComLaw ( www.comlaw.gov.au )