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Bills of the current Parliament

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Coronavirus Economic Response Package Amendment (Ending Jobkeeper Profiteering) Bill 2021


Type
Private
Originating house
Senate
Status
Before Senate
Sponsor
MCKIM, Sen Nick

Summary

Amends the Coronavirus Economic Response Package (Payments and Benefits) Act 2020 to: delay businesses with an annual turnover of more than $50 million from claiming GST credits for ten years, or until they pay back the amount of Jobkeeper payment they received equal to the amount of profits made and/or executive bonuses paid during the financial year in which the entity received the payment; and require the Australian Taxation Office to publish a list of all entities with an annual turnover of more than $50 million in receipt of Jobkeeper payments and how much each entity received.

Progress of bill

For committee reference information, please see the Notes section at the end of this page.

Senate
Introduced and read a first time 21/06/21  
Second reading moved 21/06/21  
     

Text of bill

  • First reading

MS-Word PDF HTML

Explanatory memoranda

  • Explanatory memorandum

MS-Word PDF HTML

Second reading speeches


Proposed amendments

Senate
  • Australian Greens [sheet 1446]
MCKIM, Sen Nick

MS-Word PDF HTML

Schedules of amendments

Bills Digest



Notes