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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.

Commonwealth Inscribed Stock Amendment (Restoring the Debt Ceiling) Bill 2018


Type
Private
Originating house
Senate
Status
Not Proceeding
Sponsor
HANSON, Sen Pauline

Summary

Amends the Commonwealth Inscribed Stock Act 1911 to limit the amount the government can borrow, by providing that the Australian Office of Financial Management cannot issue further stock if it would result in the value of stock and securities on issue to be an amount greater than 35% of Australia’s gross domestic product.

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 25/06/18  
Second reading moved 25/06/18  
Lapsed at end of Parliament 01/07/19  
     

Text of bill

  • First reading

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