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senate vote 2021-05-13#31
Edited by
mackay staff
on
2021-10-22 14:25:10
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Title
Bills — Northern Australia Infrastructure Facility Amendment (Extension and Other Measures) Bill 2021; Third Reading- Northern Australia Infrastructure Facility Amendment (Extension and Other Measures) Bill 2021 - Third Reading - Pass the bill
Description
<p class="speaker">Scott Ryan</p><p>The final matter is that the remaining stages of the bill be agreed to and the bill be now passed.</p>-
- The majority voted in favour of passing the bill, with amendments, in the Senate. It will now be sent to the House of Representatives, where our MPs will decide on whether they agree with the Senate amendments.
- ### What does the bill do?
- According to the [bills digest](https://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/bd/bd2021a/21bd062), the bill was introduced in order to:
- > * *extend the period when the Northern Australia Infrastructure Facility (the Facility) can issue financial assistance*
- > * *expand who the Facility can give assistance to, and how it provides this assistance*
- > * *add the Finance Minister as a responsible minister for the Facility and*
- > * *change some governance arrangements in relation to the Facility.*
- Currently, the [purpose of the Facility](https://www.aph.gov.au/Parliamentary_Business/Bills_Legislation/bd/bd2021a/21bd062#_Toc71535773) is:
- > *...to provide financial assistance to the states and territories for the construction of economic infrastructure in Northern Australia. It does this through providing concessional loans and guarantees.*
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