Bill
Treasury Laws Amendment (2023 Measures No. 2) Bill 2023
passed, as at 2023-06-23. Treasury portfolio.
- Sponsor
- Not recorded
- Portfolio
- Treasury
Recorded stages
- introduced — 2023-05-10
- second reading — 2023-05-10
- second reading — 2023-05-23
- other — 2023-05-23
- second reading — 2023-05-25
- second reading — 2023-05-25
- other — 2023-05-25
- third reading — 2023-05-25
- introduced — 2023-06-13
- second reading — 2023-06-13
- second reading — 2023-06-16
- second reading — 2023-06-16
- committee — 2023-06-16
- third reading — 2023-06-16
- other — 2023-06-19
- passed — 2023-06-19
- royal assent — 2023-06-23
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 2023-05-10.
The bill would increase several income thresholds for the Medicare levy and Medicare levy surcharge.
The increases would match movements in the consumer price index.
The changes would apply from the 2022-23 income year onwards.
- Raise the low-income thresholds for the Medicare levy for individuals and families.
- Raise the low-income thresholds for the Medicare levy for individuals and families eligible for SAPTO.
- Raise the low-income threshold for the Medicare levy surcharge.
Taxpayers liable for the Medicare levy or Medicare levy surcharge.
Sources
em
billhome
frl act