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 98 the recorded division stands deferred until Wednesday, May 5, 2010, immediately before the time provided for private members' business.
It being 2:15 p.m., House stands adjourned until Monday next at 11 a.m. pursuant to Standing Order 24(1).
(The House adjourned at 2:14 p.m.)
Don Davies NDP Vancouver Kingsway, BC
moved for leave to introduce Bill C-517, An Act to amend the Income Tax Act (tax credit for dues paid to veterans' organizations).
Mr. Speaker, I rise this afternoon to introduce a bill that would create a fully refundable tax credit for membership dues paid to veterans' organizations. This bill would provide a tax refund to members of the Royal Canadian Legion, the Army, Navy & Air Force Veterans in Canada association, and other veterans' organizations, for the full cost of their membership dues.
Veterans' organizations have been facing a tough financial time. A tax credit for membership dues would allow them to raise the money they need to operate without putting their members into financial hardship, many of whom are living on a fixed income.
Last October, I introduced a motion that called for property tax breaks for veterans' organizations. The City of Vancouver has recently acquired the authority to grant these exemptions and I urge it to do so swiftly.
These two measures would give our veterans' organizations some important fiscal room they critically need because veterans' organizations do so much valuable work in our communities and their members give countless volunteer hours to local causes. In particular, I want to acknowledge two dedicated volunteers from my riding: Theresa McAuley from the Collingwood Legion and Ken Chamberlin from ANAVETS Unit 26.
I hope all members of the House will support my bill and give financial relief to veterans' organizations and their members.
(Motions deemed adopted, bill read the first time and printed)
The House resumed from April 30 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 third time and passed.
The Speaker Peter Milliken
The House will now proceed to the taking of the deferred recorded division on the motion at third reading stage of Bill C-288 under private members' business.
(The House divided on the motion, which was agreed to on the following division:)