Senate debates
Monday, 2 December 2013
Bills
True-up Shortfall Levy (Excise) (Carbon Tax Repeal) Bill 2013; Second Reading
8:49 pm
Mitch Fifield (Victoria, Liberal Party, Assistant Minister for Social Services) Share this | Link to this | Hansard source
I move:
That this bill be now read a second time.
I seek leave to have the second reading speech incorporated in Hansard.
Leave granted.
The speech read as follows—
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 over-allocations to the extent that it is a duty of excise.
Debate adjourned.
Ordered that the resumption of the debate be made an order of the day for a later hour.