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senate vote 2021-06-22#2
Edited by
mackay staff
on
2021-09-17 10:38:59
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Title
Bills — Fuel Security Bill 2021, Fuel Security (Consequential and Transitional Provisions) Bill 2021; Second Reading- Fuel Security Bill 2021, Fuel Security (Consequential and Transitional Provisions) Bill 2021 - Second Reading - Agree with the bill's main idea
Description
<p class="motion-notice motion-notice-notext">No motion text available</p>- The majority voted in favour of reading the bills for [second time](https://peo.gov.au/understand-our-parliament/how-parliament-works/bills-and-laws/making-a-law-in-the-australian-parliament/), which is parliamentary jargon for agreeing with the main idea of the bills. The Senate can now discuss it in more detail.
- ### What is the bills' main idea?
- According to the [bill homepage](https://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id:legislation/billhome/r6716), the bills were introduced in order to:
- * *establish a minimum stockholding obligation for corporate entities that undertake certain activities (broadly, importing and refining) in relation to certain transport fuels to hold a minimum quantity of those fuels nationally; and*
- * *enable a production payment for refinery operators (referred to as a fuel security services payment) to provide an adjustable cent per litre payment to refineries in return for a commitment to continue refining until at least 30 June 2027.*
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