Bill
True-up Shortfall Levy (General) (Carbon Tax Repeal) Bill 2013 [No. 2]
lapsed, as at 2014-07-10. Environment portfolio.
- Sponsor
- Not recorded
- Portfolio
- Environment
Recorded stages
- introduced — 2014-06-23
- second reading — 2014-06-23
- second reading — 2014-06-26
- second reading — 2014-06-26
- third reading — 2014-06-26
- introduced — 2014-07-07
- second reading — 2014-07-07
- second reading — 2014-07-07
- second reading — 2014-07-08
- second reading — 2014-07-09
- second reading — 2014-07-09
- committee — 2014-07-09
- committee — 2014-07-10
- committee — 2014-07-10
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 2014-06-23.
This bill is part of a package that repeals the carbon tax and includes 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 $1,100,070 for corporations and $220,150 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 carbon-specific price exploitation for key goods.
- Gives the ACCC monitoring powers to assess the effect of the carbon tax repeal on prices.
- Prohibits false or misleading representations about the effect of the carbon tax repeal on prices.
Businesses supplying key goods such as electricity and gas, and consumers.
Sources
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