Division Description Changes — Bills — Northern Australia Infrastructure Facility Amendment (Extension and Other Measures) Bill 2021; Second Reading — 13th May 2021

Change	Division
senate vote 2021-05-13#22 Edited by mackay staff on 2022-01-21 15:12:22	Title Bills — Northern Australia Infrastructure Facility Amendment (Extension and Other Measures) Bill 2021; Second Reading Northern Australia Infrastructure Facility Amendment (Extension and Other Measures) Bill 2021 - Second Reading - Agree with bill's main idea Description ~~<p class="speaker">Scott Ryan</p>~~ <p>The question now is that the bill be read a second time.</p> The majority voted in favour of agreeing with the bill's main idea, which means they can now consider any possible amendments to the bill before deciding whether to pass it. This vote is known as the [second reading vote](https://peo.gov.au/understand-our-parliament/how-parliament-works/bills-and-laws/making-a-law-in-the-australian-parliament/). ### What does the bill do? According to the [bills digest](https://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/bd/bd2021a/21bd062), the bill was introduced in order to: > * extend the period when the Northern Australia Infrastructure Facility (the Facility) can issue financial assistance > * expand who the Facility can give assistance to, and how it provides this assistance > * add the Finance Minister as a responsible minister for the Facility and > * change some governance arrangements in relation to the Facility. Currently, the [purpose of the Facility](https://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/bd/bd2021a/21bd062#_Toc71535773) is: > ...to provide financial assistance to the states and territories for the construction of economic infrastructure in Northern Australia. It does this through providing concessional loans and guarantees.

Change

Division

senate vote 2021-05-13#22

Edited by mackay staff

on 2022-01-21 15:12:22

Title

Bills — Northern Australia Infrastructure Facility Amendment (Extension and Other Measures) Bill 2021; Second Reading
Northern Australia Infrastructure Facility Amendment (Extension and Other Measures) Bill 2021 - Second Reading - Agree with bill's main idea

Description

~~<p class="speaker">Scott Ryan</p>~~
<p>The question now is that the bill be read a second time.</p>
The majority voted in favour of agreeing with the bill's main idea, which means they can now consider any possible amendments to the bill before deciding whether to pass it. This vote is known as the [second reading vote](https://peo.gov.au/understand-our-parliament/how-parliament-works/bills-and-laws/making-a-law-in-the-australian-parliament/).
### What does the bill do?
According to the [bills digest](https://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/bd/bd2021a/21bd062), the bill was introduced in order to:
> * *extend the period when the Northern Australia Infrastructure Facility (the Facility) can issue financial assistance*
> * *expand who the Facility can give assistance to, and how it provides this assistance*
> * *add the Finance Minister as a responsible minister for the Facility and*
> * *change some governance arrangements in relation to the Facility.*
Currently, the [purpose of the Facility](https://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/bd/bd2021a/21bd062#_Toc71535773) is:
> *...to provide financial assistance to the states and territories for the construction of economic infrastructure in Northern Australia. It does this through providing concessional loans and guarantees.*