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representatives vote 2018-06-21#4

Edited by MA

on 2018-06-29 12:04:08

Title

  • Bills — Treasury Laws Amendment (Personal Income Tax Plan) Bill 2018; Consideration of Senate Message
  • Treasury Laws Amendment (Personal Income Tax Plan) Bill 2018 - Consideration of Senate Message - Disagree with Senate's amendments

Description

  • <p class="speaker">Tony Smith</p>
  • <p>The question is that the amendments be disagreed to.</p>
  • The majority agreed with a [motion](https://www.openaustralia.org.au/debates/?id=2018-06-21.3.2) to disagree with the [Senate amendments](http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id:legislation/billhome/r6111).
  • While being considered in the Senate, our senators had made a number of amendments to the text of the bill. Now the House of Representatives needs to decide whether they agree that the amendments should be made or not. If they had voted to agree with the amendments, then the bill could have become law. However, since they've disagreed, the Senate will now need to decide whether they will insist on the amendments or not.
  • ### What is this bill about?
  • The [bill was introduced to](http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id:legislation/billhome/r6111):
  • * *introduce a low and middle income tax offset to reduce the tax payable by low and middle income earners that are Australian residents in the 2018-19, 2019-20, 2020-21 and 2021-22 financial years;*
  • * *merge the low and middle income offset and the current low income tax offset into a new low income tax offset from the 2022-23 financial year; and*
  • * *progressively increase the income tax rate thresholds in the 2018-19, 2022-23 and 2024-25 financial years.*