This bill was last introduced in the 40th Parliament, 3rd Session, which ended in March 2011.
This bill was previously introduced in the 40th Parliament, 2nd Session.
Johanne Deschamps Bloc
Introduced as a private member’s bill. (These don’t often become law.)
Report stage (House), as of Dec. 2, 2009
(This bill did not become law.)
This is from the published bill.
This enactment amends the Income Tax Act to give every new graduate who settles in a designated region a tax credit equal to the lesser of
(a) 40% of the individual's salary or wages,
(b) $3,000, and
(c) the amount by which $8,000 exceeds all amounts paid for a preceding taxation year.
The purpose of this measure is to encourage new graduates to settle in designated regions, thereby curbing the exodus of young people from those regions and promoting their economic development.
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.
Some hon. members
Nay.
The Deputy Speaker Andrew Scheer
In my opinion the nays have it.
And five or more members having risen:
Pursuant to Standing Order 93, the division stands deferred until Wednesday, May 27, 2009, immediately before the time provided for private members' business.
It being 2:12, the House stands adjourned until Monday, May 25, 2009 at 11 a.m., pursuant to Standing Orders 28(2) and 24(1).
(The House adjourned at 2:11 p.m.)
The House resumed from May 15 consideration of the motion that Bill C-288, An Act to amend the Income Tax Act (tax credit for new graduates working in designated regions), be read the second time and referred to a committee.
The Deputy Speaker Andrew Scheer
The House will now proceed to the taking of the deferred recorded division of the motion at second reading stage of Bill C-288 under private members' business.
(The House divided on the motion, which was agreed to on the following division:)
The Deputy Speaker Andrew Scheer
I declare the motion carried. Accordingly, the bill stands referred to the Standing Committee on Finance.
(Bill read the second time and referred to a committee)