Homeโ€บBillsโ€บBill 21

๐Ÿ“œ First Home Owner Grant Amendment Bill 2001

Assented toLABill 2113 June 2001

The First Home Owner Grant Amendment Bill 2001 amends the First Home Owner Grant Act 2000 to introduce a 'special eligible transaction' category for first home owner grants with specific conditions and a capped grant amount of $14,000. It also adjusts the objection period for decisions related to these special grants.

Impact

First home buyers in Western Australia who purchased or built new homes between March 9, 2001, and December 31, 2001, are affected. This bill clarifies the grant amount and eligibility criteria for this specific period, potentially impacting the financial assistance they receive.

Key Changes

["Introduces the concept of a 'special eligible transaction' with specific timeframes (March 9, 2001 - December 31, 2001).", "Caps the first home owner grant for 'special eligible transactions' at $14,000 or the transaction consideration, whichever is lesser.", "Modifies the objection period for decisions related to applications for 'special eligible transactions'."]

Parliamentary Progress

  1. LA Second Reading MovedLA13 June 2001
  2. LA IntroducedLA13 June 2001
  3. LA Third ReadingLA26 June 2001
  4. LC Second Reading MovedLC26 June 2001
  5. LA Consideration in DetailLA26 June 2001
  6. LA Second Reading AgreedLA26 June 2001
  7. LC Second Reading AgreedLC7 Aug 2001
  8. LC Third ReadingLC7 Aug 2001
Affected Sectors
housingfinanceconstruction

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