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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.

Retirement Savings Account Providers Supervisory Levy Imposition Amendment Bill 2020

Type	Government
Originating house	House of Representatives
Status	Act
Portfolio	Treasury

Summary

Part of a package of seven bills to implement changes to the financial institution supervisory levy framework, the bill amends the Retirement Savings Account Providers Supervisory Levy Imposition Act 1998 to: increase the statutory upper limit on the retirement savings account providers supervisory levy to $10 million for the financial year commencing on 1 July 2020; and amend the calculation of the indexation factor used to establish the statutory upper limits applying in later years.

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	13/05/20
Second reading moved	13/05/20
Second reading debate	11/06/20
Second reading debate	12/06/20
Second reading agreed to	12/06/20
Third reading agreed to	12/06/20

Senate
Introduced and read a first time	12/06/20
Second reading moved	12/06/20
Second reading debate	18/06/20
Second reading agreed to	18/06/20
Third reading agreed to	18/06/20

Finally passed both Houses	18/06/20
Assent	19/06/20	Act no: 59 - Year: 2020