Tuesday, 29 October 2024

State Taxation Further Amendment Bill 2024

Introduction and first reading

Tim PALLAS (Werribee – Treasurer, Minister for Industrial Relations, Minister for Economic Growth) (13:01): I move:

That I introduce a bill for an act to amend the Duties Act 2000, the First Home Owner Grant and Home Buyer Schemes Act 2000, the Land Tax Act 2005, the Payroll Tax Act 2007, the Sale of Land Act 1962, the State Taxation Acts and Other Acts Amendment Act 2023, the State Taxation Amendment Act 2024, the Taxation Administration Act 1997, the Unclaimed Money Act 2008 and the Valuation of Land Act 1960, to make consequential amendments to other acts and for other purposes.

Motion agreed to.

Brad ROWSWELL (Sandringham) (13:02): I seek a brief explanation of the bill.

Tim PALLAS (Werribee – Treasurer, Minister for Industrial Relations, Minister for Economic Growth) (13:02): This bill implements a range of taxation-related changes, including instituting an exemption from payroll tax for payments to contractor GPs and to employee GPs for providing bulk-billed consultations from 1 July 2025 to support more bulk-billed consultations for Victorians.

Read first time.

Ordered to be read second time tomorrow.