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Bills of the current Parliament

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Treasury Laws Amendment (Accelerated Depreciation For Small Business Entities) Bill 2017


Type
Government
Originating house
House of Representatives
Status
Act
Portfolio
Treasury

Summary

Amends the Income Tax Assessment Act 1997, Income Tax (Transitional Provisions) Act 1997 and Tax Laws Amendment (Small Business Measures No. 2) Act 2015 to extend by 12 months to 30 June 2018 the period during which small business entities can access expanded accelerated depreciation rules.

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 25/05/17  
Second reading moved 25/05/17  
Second reading debate 31/05/17  
Second reading agreed to 31/05/17  
Third reading agreed to 31/05/17  
     
Senate
Introduced and read a first time 13/06/17  
Second reading moved 13/06/17  
Second reading debate 15/06/17  
Second reading agreed to 15/06/17  
Third reading agreed to 15/06/17  
     
Finally passed both Houses 15/06/17  
Assent 22/06/17 Act no: 56 - Year: 2017
     

Text of bill

  • First reading

MS-Word PDF HTML
  • As passed by both Houses

MS-Word PDF HTML

Explanatory memoranda

  • Explanatory memorandum

MS-Word PDF HTML

Second reading speeches


Proposed amendments

No proposed amendments have been circulated.

Schedules of amendments

Bills Digest



Notes
  • Referred to Committee (25/05/2017): Senate Economics Legislation Committee; Committee report (30/05/2017)
  • An electronic version of this Act is available on the Federal Register of Legislation (www.legislation.gov.au)