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Bills of the current Parliament

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A New Tax System (Medicare Levy Surcharge—Fringe Benefits) Amendment (Excess Levels for Private Health Insurance Policies) Bill 2018


Type
Government
Originating house
House of Representatives
Status
Passed Both Houses
Portfolio
Health

Summary

Part of a package of three bills to increase maximum excess levels for private hospital cover, the bill amends the A New Tax System (Medicare Levy Surcharge—Fringe Benefits) Act 1999 to: give effect to new maximum voluntary excess levels that are permitted for a complying health insurance policy to exempt the holder from the Medicare Levy Surcharge; and remove the grandfathering provisions that provided Medicare levy surcharge exemptions for certain policies that pre-date the commencement of the Private Health Insurance Act 2007.

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 28/03/18  
Second reading moved 28/03/18  
Second reading agreed to 31/05/18  
Third reading agreed to 31/05/18  
     
Senate
Introduced and read a first time 18/06/18  
Second reading moved 18/06/18  
Second reading debate 10/09/18  
Second reading agreed to 10/09/18  
Committee of the Whole debate 10/09/18  
Third reading agreed to 10/09/18  
     
Finally passed both Houses 10/09/18  
     

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