moved for leave to introduce Bill C-517, An Act to amend the Income Tax Act (tax credit for dues paid to veterans' organizations).
Mr. Speaker, I rise this afternoon to introduce a bill that would create a fully refundable tax credit for membership dues paid to veterans' organizations. This bill would provide a tax refund to members of the Royal Canadian Legion, the Army, Navy & Air Force Veterans in Canada association, and other veterans' organizations, for the full cost of their membership dues.
Veterans' organizations have been facing a tough financial time. A tax credit for membership dues would allow them to raise the money they need to operate without putting their members into financial hardship, many of whom are living on a fixed income.
Last October, I introduced a motion that called for property tax breaks for veterans' organizations. The City of Vancouver has recently acquired the authority to grant these exemptions and I urge it to do so swiftly.
These two measures would give our veterans' organizations some important fiscal room they critically need because veterans' organizations do so much valuable work in our communities and their members give countless volunteer hours to local causes. In particular, I want to acknowledge two dedicated volunteers from my riding: Theresa McAuley from the Collingwood Legion and Ken Chamberlin from ANAVETS Unit 26.
I hope all members of the House will support my bill and give financial relief to veterans' organizations and their members.
(Motions deemed adopted, bill read the first time and printed)