House debates Bills

True-up Shortfall Levy (Excise) (Carbon Tax Repeal) Bill 2013 [No. 2]; Second Reading

Monday, 23 June 2014 House of Representatives

Greg Hunt

Greg Hunt Flinders, Liberal Party, Minister for the Environment

12:15 pm

I move:

That this bill be now read a second time.

Together, this bill, the True-up Shortfall Levy (General) (Carbon Tax Repeal) Bill 2013, and the Clean Energy Legislation (Carbon Tax Repeal) Bill 2013 will ensure that final assistance allocations under the Jobs and Competitiveness Program are accurate so that businesses are not over- or under-allocated assistance in 2013-14.

For constitutional reasons, this bill imposes the levy to recover overallocations to the extent that it is a duty of excise. I commend the bill to the House.

Debate adjourned.