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representatives vote 2017-10-25#5

Edited by mackay staff

on 2017-11-05 18:19:56

Title

  • Bills — Nation-Building Funds Repeal (National Disability Insurance Scheme Funding) Bill 2017; Second Reading
  • Nation-Building Funds Repeal (National Disability Insurance Scheme Funding) Bill 2017 - Second Reading - Agree with bill's main idea

Description

  • <p class='motion-notice motion-notice-truncated'>Long debate text truncated.</p>
  • The majority voted to agree with the main idea of the bill. In parliamentary jargon, they voted to give the bill a [second reading](https://www.peo.gov.au/learning/fact-sheets/making-a-law.html).
  • ### What is the bill's main idea?
  • The [bill](http://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id:legislation/billhome/r5940) is:
  • > *Part of a package of 11 bills to fund the Commonwealth’s contribution to the National Disability Insurance Scheme ... [and] repeals the [Nation-building Funds Act 2008](https://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/Bills_Search_Results/Result?bId=r3099); and makes consequential amendments to five Acts.*
  • That Act established *"three financial asset funds to provide capital investment in transport, communications, energy, water, higher and vocational education and health infrastructure: the Building Australia Fund, the Education Investment Fund and the Health and Hospitals Fund."*