Bill
Farm Household Support Amendment (Debt Waiver) Bill 2021
passed, as at 2021-07-23. Agriculture, Water and the Environment portfolio.
- Sponsor
- Not recorded
- Portfolio
- Agriculture, Water and the Environment
Recorded stages
- introduced — 2021-06-02
- second reading — 2021-06-02
- second reading — 2021-06-17
- second reading — 2021-06-21
- second reading — 2021-06-21
- third reading — 2021-06-21
- introduced — 2021-06-21
- second reading — 2021-06-21
- second reading — 2021-06-24
- second reading — 2021-06-24
- third reading — 2021-06-24
- passed — 2021-06-24
- royal assent — 2021-07-23
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 2021-06-02.
This bill would cancel the requirement to repay certain debts from the Farm Household Allowance program.
The bill would let the Secretary waive debts that arose from the business income reconciliation process between July 2015 and June 2020, but not if the recipient has already used all 1,460 days of payment.
Recipients with days left on their payment clock could choose to trade those days as partial payment for the debt instead of having the debt waived.
- Waives repayment of certain classes of Farm Household Allowance debts from the business income reconciliation process.
- Prevents double benefit by not re-crediting payment days when a debt is waived.
- Allows the Secretary to waive a portion of a debt if the recipient still has days left to trade.
- Gives recipients the choice to accept the waiver or keep their remaining payment days.
- Extends the deadline for providing financial statements to June 2023.
- Allows new debts from the extended deadline to also be waived.
Farmers and their partners who received Farm Household Allowance and incurred debts from the business income reconciliation process between 1 July 2015 and 30 June 2020.
Sources
em
billhome
frl act