An Act to amend the Income Tax Act (exclusion of income received by an athlete from a non-profit club, society or association)

This bill was last introduced in the 39th Parliament, 2nd Session, which ended in September 2008.

This bill was previously introduced in the 39th Parliament, 1st Session.

Sponsor

Wayne Marston  NDP

Introduced as a private member’s bill. (These don’t often become law.)

Status

Not active, as of June 21, 2006
(This bill did not become law.)

Summary

This is from the published bill. The Library of Parliament often publishes better independent summaries.

This enactment excludes income not exceeding $8,000, received from a non-profit club, society or association, from the income of an athlete for taxation years starting in 2000.

Elsewhere

All sorts of information on this bill is available at LEGISinfo, provided by the Library of Parliament. You can also read the full text of the bill.

Income Tax Act
Routine Proceedings

June 21st, 2006 / 3:40 p.m.
See context

NDP

Wayne Marston Hamilton East—Stoney Creek, ON

moved for leave to introduce Bill C-339, An Act to amend the Income Tax Act (exclusion of income received by an athlete from a non-profit club, society or association).

Mr. Speaker, I want to thank the member for Winnipeg North for seconding the introduction of my very first private member's bill.

It is an act to amend the Income Tax Act to exclude income received by an athlete from a non-profit club, society or association.

We all know that athletes have difficulties making ends meet while they pursue their athletic goals. Many not for profit clubs, societies and associations try to help out and provide some income for athletes.

When income is declared by athletes, however, it can jeopardize scholarships and other opportunities amateur athletes can have because it is seen as being paid. The bill would allow up to $8,000 per year received to be tax free and also would be retroactive.

I look forward to the support of my colleagues in the passage of this important bill.

(Motions deemed adopted, bill read the first time and printed)