Bill C-323 (Historical)

An Act to amend the Income Tax Act (rehabilitation of historic property)

This bill was last introduced in the 42nd Parliament, 1st Session, which ended in September 2019.

Sponsor

Peter Van Loan  Conservative

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

Status

Dead, as of March 21, 2018
(This bill did not become law.)

Summary

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

This enactment amends the Income Tax Act to establish a tax credit for expenses related to the rehabilitation of a historic property. It also establishes a tax deduction for the capital cost of property used in the course of such a rehabilitation.

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.

Votes

March 21, 2018 Passed Nineth Report of the Standing Committee on Environment and Sustainable Development
March 23, 2017 Passed That the Bill be now read a second time and referred to the Standing Committee on Environment and Sustainable Development.

Environment and Sustainable Development Committee, on Oct. 17, 2017

  • Pierre LeBlanc, Director, Personal Income Tax Division, Tax Policy Branch, Department of Finance
  • Joëlle Montminy, Vice-President, Indigenous Affairs and Cultural Heritage Directorate, Parks Canada Agency
  • Genevieve Charrois, Director, Cultural Heritage Policies, Parks Canada Agency
  • Blaine Langdon, Chief, Charities, Personal Income Tax Division, Tax Policy Branch, Department of Finance

Environment and Sustainable Development Committee, on Oct. 24, 2017

  • Govindadeva Bernier, Financial Analyst, Office of the Parliamentary Budget Officer
  • Jean-Denis Fréchette, Parliamentary Budget Officer, Office of the Parliamentary Budget Officer
  • Mark Mahabir, Director of Policy and General Counsel, Office of the Parliamentary Budget Officer
  • Leonard Farber, Senior Advisor, Norton Rose Fulbright Canada, As an Individual

Environment and Sustainable Development Committee, on Nov. 28, 2017