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representatives vote 2021-06-17#8

Edited by mackay staff

on 2022-03-04 16:25:42

Title

  • Bills — Treasury Laws Amendment (Self Managed Superannuation Funds) Bill 2020; Second Reading
  • Treasury Laws Amendment (Self Managed Superannuation Funds) Bill 2020 - Second Reading - Agree with bill's main idea

Description

  • <p class="motion-notice motion-notice-notext">No motion text available</p>
  • The majority voted in favour of a motion to agree with the bill's main idea. In parliamentary jargon, they voted to read the bill for a [second time](https://peo.gov.au/understand-our-parliament/how-parliament-works/bills-and-laws/making-a-law-in-the-australian-parliament/). This means they can now discuss it in greater detail.
  • ### What is the bill's main idea?
  • According to the [bill homepage](https://parlinfo.aph.gov.au/parlInfo/search/display/display.w3p;query=Id:legislation/billhome/s1269), the bill was introduced "*to increase the maximum number of allowable members from four to six in self managed superannuation funds and small APRA funds.*"