Skip to main content
shopping_cart

Your shopping cart is empty

10 Sep 09 Medicare Levy Surcharge Bills rejected by Senate

On 9 September 2009, the Senate refused to give the following Bills a second reading, thereby rejecting their passage by Parliament:

  • Fairer Private Health Insurance Incentives Bill 2009
  • Fairer Private Health Insurance Incentives (Medicare Levy Surcharge) Bill 2009
  • Fairer Private Health Insurance Incentives (Medicare Levy Surcharge - Fringe Benefits) Bill 2009

The 3 Bills are part of a package to reduce the amount of private health insurance rebate eligible taxpayers with complying private health insurance are entitled to when their income for surcharge purposes is above the relevant Medicare levy surcharge threshold and to increase the rate of Medicare levy surcharge for certain taxpayers who do not have complying health insurance and whose income for surcharge purposes is above the relevant Medicare levy surcharge threshold.

The Bills amend the ITAA 1936, ITAA 1997, Private Health Insurance Act 2007, Taxation Administration Act 1953, Taxation (Interest on Overpayments and Early Payments) Act 1983, the Medicare Levy Act 1986 and the A New Tax System (Medicare Levy Surcharge - Fringe Benefits) Act 1999


Media Release Search
Keywords
Eg. TD 2005/D52 ALL words EXACT phrase WITHOUT words Date range
From To