An Act to amend the Income Tax Act (tax credit for gifts)
This bill is from the 43rd Parliament, 2nd session, which ended in August 2021.
This bill is from the 43rd Parliament, 2nd session, which ended in August 2021.
Brian Masse NDP
Introduced as a private member’s bill. (These don’t often become law.)
Outside the Order of Precedence (a private member's bill that hasn't yet won the draw that determines which private member's bills can be debated), as of June 22, 2021
(This bill did not become law.)
This is from the published bill.
This enactment amends subsection 118.1(3) of the Income Tax Act to have the tax credit for charitable and other gifts computed in the same manner as the tax credit for monetary contributions to federal political parties and candidates, when the total amount of those gifts in a taxation year does not exceed $1,625. It also provides for a manner to compute the tax credit when the total amount exceeds $1,625.
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-321s: