House debates
Tuesday, 22 November 2011
Bills
Minerals Resource Rent Tax Bill 2011, Minerals Resource Rent Tax (Consequential Amendments and Transitional Provisions) Bill 2011, Minerals Resource Rent Tax (Imposition — General) Bill 2011, Minerals Resource Rent Tax (Imposition — Customs) Bill 2011, Minerals Resource Rent Tax (Imposition — Excise) Bill 2011, Petroleum Resource Rent Tax Assessment Amendment Bill 2011, Petroleum Resource Rent Tax (Imposition — General) Bill 2011, Petroleum Resource Rent Tax (Imposition — Customs) Bill 2011, Petroleum Resource Rent Tax (Imposition — Excise) Bill 2011, Tax Laws Amendment (Stronger, Fairer, Simpler and Other Measures) Bill 2011, Superannuation Guarantee (Administration) Amendment Bill 2011; Second Reading
1:55 pm
Bob Katter (Kennedy, Independent) Share this | Hansard source
I move the amendment circulated in my name:
That all the words after "That" be omitted with a view to substituting the following words:
"the House is of the opinion that:
(1) 20 per cent of all revenue from the mining tax be put into a Regional Mining and Infrastructure Fund to be used to facilitate further mining and other development in regional areas from which they have been taken and surrounding regions where necessary; and
(2) this arrangement would be administered by a separate authority and the funding would come on top of normal funding and financial allocations from State and Federal Governments".
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