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representatives vote 2017-08-17#2

Edited by mackay staff

on 2017-08-22 19:23:58

Title

  • Bills — Regional Investment Corporation Bill 2017; Second Reading
  • Regional Investment Corporation Bill 2017 - Second Reading - Agree with bill's main idea

Description

  • <p class="speaker">Tony Smith</p>
  • <p>The question is that this bill be now read a second time.</p>
  • The majority voted in favour of the [bill's](http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id:legislation/billhome/r5906) main idea. In parliamentary jargon, they voted to read the bill [for a second time](http://www.peo.gov.au/learning/fact-sheets/making-a-law.html).
  • ### What was the bill's main idea?
  • The bill will deliver on a [2016 election commitment](http://www.abc.net.au/news/rural/2016-06-23/barnaby-joyce-agriculture-election/7535450) by creating the Regional Investment Corporation. The Corporation will, among other things, *"administer farm business loans and financial assistance granted to states and territories in relation to water infrastructure projects"*.
  • Read more in the [bills digest](http://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/bd/bd1718a/18bd013).