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 2 TAXATION LAWS AMENDMENT (PERSONAL INCOME TAX REDUCTION) BILL 2003

Mr Costello (Treasurer) presented a Bill for an Act to amend taxation laws to reduce personal income tax, to increase the rebate for certain low-income taxpayers, and for related purposes.

Bill read a first time.

Mr Costello moved—That the Bill be now read a second time.

Paper

Mr Costello presented an explanatory memorandum to the Bill.

Debate adjourned (Mr Edwards), and the resumption of the debate made an order of the day for the next sitting.