Senate debates

Monday, 28 February 2011

Tax Laws Amendment (Temporary Flood and Cyclone Reconstruction Levy) Bill 2011; Income Tax Rates Amendment (Temporary Flood and Cyclone Reconstruction Levy) Bill 2011

First Reading

Bills received from the House of Representatives.

10:14 am

Photo of Don FarrellDon Farrell (SA, Australian Labor Party, Parliamentary Secretary for Sustainability and Urban Water) Share this | | Hansard source

I move:

That these bills may proceed without formalities, may be taken together and be now read a first time.

Question agreed to.

Bills read a first time.

by leave—I move:

That the provisions of paragraphs (5) to (8) of standing order 111 not apply to the following bills, allowing them to be considered during this period of sittings:Tax Laws Amendment (Temporary Flood and Cyclone Reconstruction Levy) Bill 2011 and Income Tax Rates Amendment (Temporary Flood and Cyclone Reconstruction Levy) Bill 2011.

Question agreed to.

I table a statement of reasons justifying the need for these bills to be considered during these sittings and seek leave to have the statement incorporated in Hansard.

Leave granted.

The statement read as follows—

Purpose of the Bills

These Bills will introduce the temporary flood and cyclone reconstruction levy for the 2011-12 income year.

Reasons for Urgency

Introduction and passage of these Bills are required in the Autumn 2011 sittings so that administrative arrangements for the levy may be put in place before 30 June 2011. The package consists of two Bills for both Constitutional and reasons of Parliamentary procedural reasons.