Division
The majority voted in favour of a [motion](https://www.openaustralia.org.au/senate/?id=2024-06-25.154.1): > *That the Senate does not further insist on its amendments to which the House of Representatives has insisted on disagreeing.* In other words, the majority of senators voted in favour of passing the bill even without the amendments they had previously requested. ### What does this bill do? According to the [bill homepage](https://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id:legislation/billhome/r7081), the bill: > *Amends the:* > > * *Income Tax (Transitional Provisions) Act 1997 to: increase the instant asset write-off threshold from $1,000 to $20,000 for the 2023-24 financial year; and provide small and medium businesses with access to a bonus tax deduction for the 2023-24 financial year relating to electrification and more efficient energy use;* > > * *Income Tax Assessment Act 1997, Taxation Administration Act 1953 and A New Tax System (Australian Business Number) Act 1999 to facilitate certain community charities achieving deductible gift recipient status;* > > * *Income Tax Assessment Act 1997 to: include two new entities on the list of deductible gift recipients and extend the listing for two other entities; extend the Global Infrastructure Hub’s income tax exemption for an additional year; broadly align existing tax requirements with a new accounting standard for insurance contracts; and amend the rules for non-arm’s length expenses for superannuation entities;* > > * *Corporations Act 2001 to reinstate the Australian Financial Complaint Authority’s jurisdiction to hear certain complaints relating to superannuation; and* > > * *Treasury Laws Amendment (2023 Law Improvement Package No. 1) Act 2023 to make contingent amendments.*
Senate, 2024-06-25. affirmative: ayes 29, noes 12.
Question
The majority voted in favour of a [motion](https://www.openaustralia.org.au/senate/?id=2024-06-25.154.1): > *That the Senate does not further insist on its amendments to which the House of Representatives has insisted on disagreeing.* In other words, the majority of senators voted in favour of passing the bill even without the amendments they had previously requested. ### What does this bill do? According to the [bill homepage](https://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id:legislation/billhome/r7081), the bill: > *Amends the:* > > * *Income Tax (Transitional Provisions) Act 1997 to: increase the instant asset write-off threshold from $1,000 to $20,000 for the 2023-24 financial year; and provide small and medium businesses with access to a bonus tax deduction for the 2023-24 financial year relating to electrification and more efficient energy use;* > > * *Income Tax Assessment Act 1997, Taxation Administration Act 1953 and A New Tax System (Australian Business Number) Act 1999 to facilitate certain community charities achieving deductible gift recipient status;* > > * *Income Tax Assessment Act 1997 to: include two new entities on the list of deductible gift recipients and extend the listing for two other entities; extend the Global Infrastructure Hub’s income tax exemption for an additional year; broadly align existing tax requirements with a new accounting standard for insurance contracts; and amend the rules for non-arm’s length expenses for superannuation entities;* > > * *Corporations Act 2001 to reinstate the Australian Financial Complaint Authority’s jurisdiction to hear certain complaints relating to superannuation; and* > > * *Treasury Laws Amendment (2023 Law Improvement Package No. 1) Act 2023 to make contingent amendments.*
How each member voted
Per-member votes are not present in this static export. Consult the original division record.
Related bills
Only formal divisions leave a per-member record. A procedural vote is not necessarily a vote for or against a bill.