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representatives vote 2017-03-27#3
Edited by
mackay staff
on
2017-04-21 04:49:56
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Title
Description
- The majority voted to pass the bill in the House of Representatives, which means it can now go to the Senate for their consideration. In parliamentary jargon, they voted to read the bill [for a third time](http://www.peo.gov.au/learning/fact-sheets/making-a-law.html).
- ### What does the bill do?
According to the [bill's homepage](http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id:legislation/billhome/r5684), the main purpose of the bill is to reduce the rate of corporate tax rate. First for small businesses and then for all corporate tax entities.- According to the [bill's homepage](http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id:legislation/billhome/r5684), the main purpose of the bill is to reduce the rate of corporate (or company) tax rate. First for small businesses and then for all corporate tax entities.
- More information is available in the [bills digest](http://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/bd/bd1617a/17bd024).
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representatives vote 2017-03-27#3
Edited by
mackay staff
on
2017-04-21 04:48:13
|
Title
Bills — Treasury Laws Amendment (Enterprise Tax Plan) Bill 2016; Third Reading- Treasury Laws Amendment (Enterprise Tax Plan) Bill 2016 - Third Reading - Pass the bill
Description
<p class="speaker">Scott Morrison</p><p>by leave—I move:</p><p class="italic">That this bill be now read a third time.</p>- The majority voted to pass the bill in the House of Representatives, which means it can now go to the Senate for their consideration. In parliamentary jargon, they voted to read the bill [for a third time](http://www.peo.gov.au/learning/fact-sheets/making-a-law.html).
- ### What does the bill do?
- According to the [bill's homepage](http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id:legislation/billhome/r5684), the main purpose of the bill is to reduce the rate of corporate tax rate. First for small businesses and then for all corporate tax entities.
- More information is available in the [bills digest](http://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/bd/bd1617a/17bd024).
<p class="speaker">Tony Smith</p><p>The question is that this bill be now read a third time.</p><p>The House divided. [16:08]</p><p>(The Speaker—Hon. Tony Smith)</p>
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