Thursday, 19 June 2025

State Taxation Acts Amendment Bill 2025

Assembly’s amendments

The DEPUTY PRESIDENT (16:03): I have received a message from the Legislative Assembly:

The Legislative Assembly returns to the Legislative Council ‘A Bill for an Act to amend the Commercial and Industrial Property Tax Reform Act 2024, 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 Taxation Administration Act 1997, the Unclaimed Money Act 2008 and the Victorian Conservation Trust Act 1972 and for other purposes’ and informs the Council that the Assembly has made the suggested amendments with which agreement is requested.

Amendments as follows:

1. Suggested amendment to the Legislative Assembly –

Insert the following New Clause to follow clause 16 –

‘16A Exemption continues if land becomes unfit for occupation

In section 58(2) of the Land Tax Act 2005, for “second” substitute “fourth”.’.

2. Suggested amendment to the Legislative Assembly –

Clause 24, lines 14 and 15, omit “12 months but less than 3 years” and insert “the prescribed period or, if no period is prescribed, any period,”.

3. Suggested amendment to the Legislative Assembly –

Clause 24, after line 15 insert –

‘(2A) After section 70F(2) of the Land Tax Act 2005 insert –

“(2A) The period (if any) prescribed for the purposes of subsection (2) must not exceed 12 months.”.’.

Jaclyn SYMES (Northern Victoria – Treasurer, Minister for Industrial Relations, Minister for Regional Development) (16:04): I move:

That the message be referred to the committee of the whole forthwith.

Motion agreed to.

Committed.

Committee

Resumed.

The DEPUTY PRESIDENT: The committee will now deal with the postponed clauses to which amendments were suggested by the Council. The Assembly have notified by message that they have agreed to make the amendments suggested by the Council.

New clause 16A further considered (16:05)

The DEPUTY PRESIDENT: The question is:

That new clause 16A, as inserted by the Assembly on the suggestion of the Council, stand part of the bill.

New clause agreed to.

Postponed clause 24 further considered (16:06)

The DEPUTY PRESIDENT: The question is:

That clause 24, as amended by the Assembly on the suggestion of the Council, stand part of the bill.

Amended clause agreed to.

Reported to house with amendments made by the Assembly on the suggestion of the Council, without further amendment.

Jaclyn SYMES (Northern Victoria – Treasurer, Minister for Industrial Relations, Minister for Regional Development) (16:06): I move:

That the report be now adopted.

Motion agreed to.

Report adopted.

Third reading

Jaclyn SYMES (Northern Victoria – Treasurer, Minister for Industrial Relations, Minister for Regional Development) (16:06): I move:

That the bill be now read a third time.

Motion agreed to.

Read third time.

The DEPUTY PRESIDENT: Pursuant to standing order 14.28, the bill will be returned to the Assembly with a message informing them that the Council have agreed to the bill, including the amendments made by the Assembly on the suggestion of the Council, without further amendment.