moved that Bill S-222, An Act to amend the Income Tax Act (use of resources), be read the first time.
Mr. Speaker, it gives me pleasure to rise today on behalf of Bill S-222, an act to amend the Income Tax Act.
What this bill would do is fix a problem due to the archaic legislation in the Income Tax Act that restricts the ability of Canadian charities to do good work around the world. By reducing bureaucracy and redundancy, this bill will seek to provide greater accountability while also giving charities in Canada the ability to do greater work, unfettered by excessive regulation and bureaucracy.
Once again, it gives me great pleasure to introduce this bill, and I hope all members will support it.
(Motion agreed to and bill read the first time)