moved for leave to introduce Bill C-505, an act to amend the Income Tax Act (deduction for volunteer emergency service).
Mr. Speaker, I rise to introduce an act to amend the Income Tax Act to make possible a deduction for volunteer emergency services.
I thank the member for Bras d'Or—Cape Breton for seconding the motion and the member for Beauséjour—Petitcodiac for such strong support.
The bill would amend the Income Tax Act to allow volunteer emergency workers to deduct from their taxable income the amount of $500 if they performed at least 50 hours of volunteer service and $1,000 if they performed at least 100 hours of volunteer service.
The bill would recognize the tremendous work of volunteer emergency service workers who are not paid an honorarium for their services but give of their time, take time away from their fields, their farms and the fisheries to do this work for the good of society.
I encourage everyone to support the bill.
(Motions deemed adopted, bill read the first time and printed)