2013‑2014

The Parliament of the

Commonwealth of Australia

HOUSE OF REPRESENTATIVES

Presented and read a first time

Family Assistance Legislation Amendment (Child Care Measures) Bill 2014

No.      , 2014

(Education)

A Bill for an Act to amend the law relating to family assistance, and for related purposes

Contents

1............ Short title............................................................................................. 1

2............ Commencement................................................................................... 1

3............ Schedule(s)......................................................................................... 2

Schedule 1—Amendments                                                                                                3

A New Tax System (Family Assistance) Act 1999                                                  3

Family Assistance Legislation Amendment (Child Care Budget Measures) Act 2011       4

A Bill for an Act to amend the law relating to family assistance, and for related purposes

The Parliament of Australia enacts:

1  Short title

                   This Act may be cited as the Family Assistance Legislation Amendment (Child Care Measures) Act 2014.

2  Commencement

                   This Act commences on 1 July 2014.

3  Schedule(s)

                   Each Act that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.

Schedule 1—Amendments

A New Tax System (Family Assistance) Act 1999

1  Paragraph 84F(ea)

Omit “and 30 June 2014”, substitute “, 30 June 2014, 30 June 2015, 30 June 2016 and 30 June 2017”.

2  After subclause 3(5A) of Schedule 4

Insert:

No indexation of CCB income thresholds for certain years

          (5B)  The CCB lower income threshold and the CCB upper income threshold are not to be indexed on 1 July 2014, 1 July 2015 and 1 July 2016.

Note:          Indexation of these thresholds resumes on 1 July 2017.

3  Subclause 3(6A) of Schedule 4 (heading)

Repeal the heading, substitute:

No indexation of CCR limit for certain years

4  Subclause 3(6B) of Schedule 4

Omit “and 1 July 2013”, substitute “, 1 July 2013, 1 July 2014, 1 July 2015 and 1 July 2016”.

5  Subclause 3(6B) of Schedule 4 (note)

Omit “1 July 2014”, substitute “1 July 2017”.

6  After subclause 3(6B) of Schedule 4

Insert:

          (6C)  For the purposes of working out the indexed amount for the CCR limit on 1 July 2017, the current figure for the CCR limit immediately before that day is taken to be $7,500.

Family Assistance Legislation Amendment (Child Care Budget Measures) Act 2011

7  Item 5 of Schedule 1

Repeal the item.