On 19 June 2014, the Senate referred the provisions of the Fuel Indexation (Road Funding) Bill 2014 and 3 related bills to the Senate Economics Legislation Committee for inquiry and report by 7 July 2014. Submissions closed 27 June 2014.
Senate Standing Committees on EconomicsPO Box 6100Parliament HouseCanberra ACT 2600 Phone: +61 2 6277 3540economics.sen@aph.gov.au
The bills contain proposed amendments to the Excise Tariff Act 1921 and the Customs Tariff Act 1995 that would index the rate of excise and excise-equivalent customs duty applied to fuels. The bills also propose that a special account be established to ensure that the net additional revenue from the reintroduction of fuel indexation is used for road infrastructure funding.
02 Jul 2014: Canberra
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