Bill C-253 (Historical)

An Act to amend the Income Tax Act (deductibility of RESP contributions)

This bill is from the 39th Parliament, 2nd session, which ended in September 2008.

Sponsor

Dan McTeague  Liberal

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

Status

Second reading (Senate), as of June 18, 2008
(This bill did not become law.)

Summary

This is from the published bill.

This enactment amends the Income Tax Act to provide that contributions to a Registered Education Savings Plan are deductible from a taxpayer’s taxable income.

Similar bills

C-500 (40th Parliament, 3rd session) An Act to amend the Income Tax Act (deductibility of RESP contributions)
C-253 (39th Parliament, 1st session) An Act to amend the Income Tax Act (deductibility of RESP contributions)

Elsewhere

All sorts of information on this bill is available at LEGISinfo, an excellent resource from the Library of Parliament. You can also read the full text of the bill.

Bill numbers are reused for different bills each new session. Perhaps you were looking for one of these other C-253s:

C-253 (2022) Bank of Canada Accountability Act
C-253 (2020) An Act to amend the Bankruptcy and Insolvency Act and the Companies’ Creditors Arrangement Act (pension plans and group insurance plans)
C-253 (2016) Recognition of Charlottetown as the Birthplace of Confederation Act
C-253 (2013) An Act to amend the Access to Information Act (response time)
C-253 (2011) An Act to amend the Access to Information Act (response time)
C-253 (2010) An Act to amend the Canada Post Corporation Act (mail free of postage to members of the Canadian Forces)

Votes

March 5, 2008 Passed That the Bill be now read a third time and do pass.
March 5, 2008 Passed That Bill C-253, An Act to amend the Income Tax Act (deductibility of RESP contributions), as amended, be concurred in at report stage with further amendments.
March 5, 2008 Passed That Bill C-253, in Clause 2, be amended by replacing lines 8 and 9 on page 2 with the following: “( b) the RESP lifetime limit minus the total of all contributions made by the taxpayer into a registered education savings plan in previous taxation years, to a maximum of $5,000.”
March 5, 2008 Passed That Motion No. 2 be amended by adding after the word “years” the following: “, to a maximum of $5,000”.
March 5, 2008 Passed That Bill C-253, in Clause 2, be amended by deleting lines 10 to 24 on page 1.

Income Tax ActPrivate Members' Business

March 5th, 2008 / 6:25 p.m.

Some hon. members

Agreed.

(The House divided on the motion, which was agreed to on the following division:)

Vote #55

Income Tax ActPrivate Members' Business

March 5th, 2008 / 6:25 p.m.

The Deputy Speaker Bill Blaikie

I declare the motion carried.