moved for leave to introduce Bill C-312, an act to amend the Income Tax Act (percentage of gifts that may be deducted from tax).
Mr. Speaker, it is my privilege to introduce a bill entitled an act to amend the Income Tax Act, percentage of gifts that may be deducted from tax. This bill will put charitable donations on the same tax footing as political donations for the first $1,150. Thereafter any tax credits for charitable donations would remain the same.
(Motions deemed adopted, bill read the first time and printed)