This bill is from the 41st Parliament, 1st session, which ended in September 2013.
Tyrone Benskin NDP
Introduced as a private member’s bill. (These don’t often become law.)
Defeated, as of Nov. 7, 2012
(This bill did not become law.)
This is from the published bill.
The purpose of this enactment is to amend the Income Tax Act to permit Canadian artists to benefit from income averaging for the purposes of federal taxation over a maximum period of five years.
All sorts of information on this bill is available at LEGISinfo, an excellent resource from 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-427s:
Tyrone Benskin NDP Jeanne-Le Ber, QC
Mr. Speaker, in 2007, the Conference Board of Canada calculated that the cultural sector represented 7.4% of GDP. Artists who contribute to the economy are penalized by the current tax system in years when they earn a decent income.
Will the Conservatives support tax flexibility for Canadian artists by voting for Bill C-427?