House debates

Thursday, 19 June 2014

Bills

Fuel Indexation (Road Funding) Bill 2014; Second Reading

9:23 am

Photo of Bruce BillsonBruce Billson (Dunkley, Liberal Party, Minister for Small Business) Share this | | Hansard source

I move:

That this bill be now read a second time.

This bill is part of a package of bills that will give effect to the government's commitment to re-introduce biannual indexation of fuel excise and excise-equivalent customs duties.

Specifically, this bill amends the Fuel Tax Act 2006 to ensure the fuel tax credits scheme continues to provide the appropriate credit.

The bill also makes consequential amendments to the Fuel Indexation (Road Funding) Special Account Bill 2014 to ensure its operation once the Public Governance, Performance and Accountability Act 2013 comes into effect.

The bill also makes consequential amendments to the Energy Grants (Cleaner Fuels) Scheme to ensure it continues to function correctly.

Full details of this bill are contained in the explanatory memorandum.

Debate adjourned.