Bill
True-up Shortfall Levy (Excise) (Carbon Tax Repeal) Bill 2013
lapsed, as at 2014-03-20. Environment portfolio.
- Sponsor
- Not recorded
- Portfolio
- Environment
Recorded stages
- introduced — 2013-11-13
- second reading — 2013-11-13
- second reading — 2013-11-18
- second reading — 2013-11-19
- second reading — 2013-11-20
- second reading — 2013-11-21
- second reading — 2013-11-21
- committee — 2013-11-21
- third reading — 2013-11-21
- introduced — 2013-12-02
- second reading — 2013-12-02
- second reading — 2014-03-03
- second reading — 2014-03-04
- second reading — 2014-03-17
- second reading — 2014-03-17
- committee — 2014-03-17
- committee — 2014-03-20
- third reading — 2014-03-20
Divisions
No divisions recorded. Most questions are decided on the voices; this does not establish that a bill was unopposed.
Plain-language summary
Written by a model from the explanatory memorandum; not the record, as at 2013-11-13.
This bill is part of a package that repeals the carbon tax and introduces measures to prevent price exploitation after the repeal.
The package would prohibit businesses from engaging in carbon-specific price exploitation for key goods like electricity and gas, with penalties of up to 6,471 penalty units for corporations and 1,295 penalty units for individuals.
It would also give the ACCC new powers to monitor prices and assess the effect of the carbon tax repeal on certain goods.
- Introduces a new prohibition on price exploitation related to the carbon tax repeal for key goods.
- Gives the ACCC monitoring powers to assess the effect of the carbon tax repeal on prices.
- Introduces a new prohibition on false or misleading representations about the carbon tax repeal's effect on prices.
Businesses and consumers, particularly in markets for key goods such as electricity and gas.
Sources
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