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representatives vote 2024-10-09#5
Edited by
mackay staff
on
2024-10-13 10:14:00
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Title
Bills — Superannuation (Better Targeted Superannuation Concessions) Imposition Bill 2023; Second Reading- Superannuation (Better Targeted Superannuation Concessions) Imposition Bill 2023 - Second Reading - Agree with main idea of the bill
Description
<p class="speaker">Milton Dick</p><p>The question is that the bill be read a second time.</p><p></p><p></p> -
- The majority voted in favour of a [motion](https://www.openaustralia.org.au/debates/?id=2024-10-09.134.1) to agree with the bill's main idea. In other words, they voted to read it for a second time. This means that they can now discuss it in greater detail.
- ### What does the bill do?
- According to the [bill digest](https://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/bd/bd2324a/24bd49), the bill aims to:
- > *amend a number of Commonwealth statutes to reduce the tax concessions available to individuals with a total superannuation balance of more than $3 million.*
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