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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 and Superannuation Laws Amendment (2013 Measures No. 2) Bill 2013


Type
Government
Originating house
House of Representatives
Status
Act
Portfolio
Treasury

Summary

Amends the: Income Tax Assessment Act 1997 to: define ‘documentary’ in accordance with the Australian Communications and Media Authority’s guidelines; clarify that game shows are ineligible for film tax offsets; and update the list of deductible gift recipients; Income Tax Assessment Act 1997, Tax Laws Amendment (2011 Measures No. 1) Act 2011 and Tax Laws Amendment (2012 Measures No. 1) Act 2012 to exempt from income tax certain ex-gratia payments made in relation to natural disasters during the 2011-12 and 2012-13 financial years; A New Tax System (Goods and Services Tax) Act 1999 to enable entities who currently pay their goods and services tax by instalments to continue to do so if they move into a net refund position; Superannuation Industry (Supervision) Act 1993 to require trustees to establish and implement procedures in relation to the consolidation of multiple member accounts; Superannuation (Government Co-contribution for Low Income Earners) Act 2003 to reduce the amount of superannuation co-contribution available from the 2012-13 financial year; Income Tax Assessment Act 1936 and Income Tax Assessment Act 1997 to consolidate dependency tax offsets into the Dependant (Invalid and Carer) Tax Offset from 1 July 2012; and Income Tax Assessment Act 1997 and Tax Laws Amendment (Taxation of Financial Arrangements) Act 2009 to clarify the operation of the taxation of financial arrangements regime.

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 20/03/13  
Second reading moved 20/03/13  
Referred to Federation Chamber 28/05/13  
Second reading debate 28/05/13  
Second reading agreed to 28/05/13  
Reported from Federation Chamber 28/05/13  
Third reading agreed to 28/05/13  
     
Senate
Introduced and read a first time 17/06/13  
Second reading moved 17/06/13  
Second reading debate 25/06/13  
Second reading agreed to 25/06/13  
Third reading agreed to 25/06/13  
     
Text of bill as passed both Houses 25/06/13  
Assent 28/06/13 Act no.: 85 - Year: 2013
     

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

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

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Schedules of amendments

Bills Digest



Notes
  • Referred to Committee (21/03/2013): House Standing Committee on Economics; Committee report (14/05/2013)
  • Access information for House of Representatives and Senate committees
  • An electronic version of this Act is available in ComLaw ( www.comlaw.gov.au )