Queensland Future Fund Act 2020
LegislationReferenced in 3 bills
Debt Reduction and Savings Bill 2021
This bill implements Queensland's Savings and Debt Plan by restructuring several government bodies and transferring the Titles Registry to a government-owned company within the Queensland Future Fund. It also introduces a fee unit model for regulatory fees, requires government agencies to publish online instead of in print, and makes safety improvements to tattoo ink regulation.
Revenue Legislation Amendment Bill 2022
This bill implements a range of revenue measures from the 2021-22 and 2022-23 Queensland State Budgets. It introduces a new mental health levy on large employers, reforms land tax to account for interstate property holdings, increases coal royalty rates during periods of high prices, and provides tax relief for small businesses, apprentice employers, and retirement visa holders.
Queensland Future Fund Bill 2020
This bill establishes the Queensland Future Fund framework, starting with a Debt Retirement Fund that sets aside money exclusively for paying down State debt. It also legislates a 100% guarantee that the State will fully fund public sector defined benefit superannuation entitlements. The model is based on similar NSW legislation designed to satisfy credit rating agency requirements.