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Bills of the current Parliament

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.

Treasury Laws Amendment (2020 Measures No. 5) Bill 2020

Type	Government
Originating house	House of Representatives
Status	Act
Portfolio	Treasury

Summary

Amends the: Income Tax Assessment Act 1997 to: enable the minister to declare certain grant programs as eligible for non-assessable non-exempt income tax treatment under an instrument-making power; and update the list of deductible gift recipients to include Neighbourhood Watch Australasia; and Income Tax Assessment Act 1997 and Superannuation (Unclaimed Money and Lost Members) Act 1999 to facilitate the payment of unclaimed superannuation held by the Commissioner of Taxation directly to New Zealand KiwiSaver schemes.

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	11/11/20
Second reading moved	11/11/20
Second reading debate	08/12/20
Second reading agreed to	08/12/20
Third reading agreed to	08/12/20

Senate
Introduced and read a first time	09/12/20
Second reading moved	09/12/20
Second reading agreed to	10/12/20
Third reading agreed to	10/12/20

Finally passed both Houses	10/12/20
Assent	11/12/20	Act no: 118 - Year: 2020