2016

 

The Parliament of the

Commonwealth of Australia

 

HOUSE OF REPRESENTATIVES

 

 

 

Budget Savings (Omnibus) Bill 2016

 

 

(Government)

(1)     Clause 2, page 2 (table item 11), omit the table item.

[dental services]

(2)     Clause 2, page 4 (table item 22), omit the table item.

[psychiatric confinement]

(3)     Clause 2, page 4 (after table item 24), insert:

24A.  Schedule 21A

1 July 2016.

1 July 2016

[income limit for FTB Part A supplement]

(4)     Schedule  5 , item  1 , page 18 (lines 5 to 7) , omit the item, substitute:

1  Subsection 64(1) (table items 5 to 9)

Repeal the items, substitute:

5	2017-2018	$257,925,000.00
6	2018-2019	$235,296,000.00
7	2019-2020	$254,704,000.00
8	2020-2021	$134,035,000.00
9	2021-2022	$132,474,000.00

 

[Australian Renewable Energy Agency]

(5)     Schedule 9, page 46 (line 1) to page 56 (line 2), omit the Schedule.

[dental services]

(6)     Schedule 20, page 180 (line 1) to page 182 (line 12), omit the Schedule.

[psychiatric confinement]

(7)     Schedule 21, items 26 to 35, page 190 (line 4) to page 195 (line 7), omit the items.

[retention of energy supplement]

(8)     Schedule 21, item 38, page 198 (line 16), omit “item; and”, substitute “item.”.

[retention of energy supplement]

(9)     Schedule 21, item 38, page 198 (lines 17 to 21), omit paragraph (i).

[retention of energy supplement]

(10)   Schedule 21, items 39 to 85, page 198 (line 22) to page 209 (line 6), omit the items.

[retention of energy supplement]

(11)   Schedule 21, Part 3, page 210 (lines 1 to 15), omit the Part.

[retention of energy supplement]

(12)   Schedule 21, items 90 to 103, page 211 (line 4) to page 213 (line 14), omit the items.

[retention of energy supplement]

(13)   Schedule 21, item 105, page 216 (line 6) to page 217 (line 5), omit the item.

[retention of energy supplement]

(14)   Schedule 21, item 106, page 217 (line 23), omit “or a gold card”.

[retention of energy supplement]

(15)   Schedule 21, item 107, page 218 (line 26), omit “item; and”, substitute “item.”.

[retention of energy supplement]

(16)   Schedule 21, item 107, page 218 (lines 27 to 31), omit paragraph (i).

[retention of energy supplement]

(17)   Schedule 21, items 108 to 118, page 218 (line 32) to page 220 (line 14), omit the items.

[retention of energy supplement]

(18)   Schedule 21, Part 5, page 221 (line 1) to page 222 (line 32), omit the Part.

[retention of energy supplement]

(19)   Page 225 (after line 32), after Schedule 21, insert:

Schedule 21A — Income limit for FTB Part A supplement

   

A New Tax System (Family Assistance) Act 1999

1  Before subclause 38A(1) of Schedule 1

Insert:

          (1A)  Despite any other provision of this clause, the amount of the FTB Part A supplement to be added in working out an individual’s maximum rate under clause 3, or an individual’s Method 2 base rate under clause 25, is nil if the individual’s adjusted taxable income is more than $80,000.

Note:          If the individual is a member of a couple, the individual’s adjusted taxable income includes the adjusted taxable income of the individual’s partner: see clause 3 of Schedule 3.

2  Application provision

The amendment made by this Schedule applies in relation to working out the rate of family tax benefit for days on or after the commencement of this Schedule.

[income limit for FTB Part A supplement]