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Report No. 5, 57th Parliament - Cheaper Power (Supplementary Appropriation) Bill 2024
Committee's report
The committee tabled Report No. 5, 57th Parliament - Cheaper Power (Supplementary Appropriation) Bill 2024 on Friday 17 May 2024. The Bill was PASSED in the Legislative Assembly on 22 May 2024 without amendment.
View: Report
About the Bill
On 2 May 2024 the Deputy Premier, Treasurer and Minister for Trade, and Investment Hon Cameron Dick, introduced the Cheaper Power (Supplementary Appropriation) Bill 2024 into the Queensland Parliament. The Bill was referred to the Cost of Living and Economics Committee for detailed consideration.
View: Explanatory speech
View: Bill
View: Explanatory Notes
View: Statement of compatibility
purpose of the Bill
Queensland families are experiencing a higher cost of living due to global pressures.
The Government has resolved to provide urgent cost of living relief through rebates applying to power bills. The Government has decided to make these payments within the 2023-24 financial year as unforeseen expenditure to provide urgent relief and ensure that the rebates cannot be revoked or reduced by a future government.
Payments from the Consolidated Fund, including unforeseen expenditure, must be formally authorised under an Act of Parliament in accordance with section 66 of the Constitution of Queensland 2001.
The Appropriation Act 2023 (assented to on 1 September 2023) appropriated the amount of $78,411,379,000 from the Consolidated Fund for departments for the financial year starting 1 July 2023.
Additional decisions can be made through the year that give rise to additional funding being required from Consolidated Fund. Pursuant to section 35 of the Financial Accountability Act 2009, these additional payments comprise Unforeseen Expenditure, which then needs to be appropriated via legislation.
Further information
Further information including written briefings, correspondence, response to submissions, transcripts and answers to questions taken on notice are available under the Related Publications tab.
submissions
The closing date for written submissions was 12:00pm Wednesday 8 May 2024.
Timeline
| Submissions close: | 12:00pm Wednesday 8 May 2024 |
| Public Briefing: | 10:15am Thursday 9 May 2024 - program - transcript -broadcast |
| Report due date: | Friday 17 May 2024 - report |
Related Publications
| Publication Details | Type | Published Date | Tabled Date | Committee Name |
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