Projet de loi no 27
Financial Measures (2011) Act
An Act Respecting Certain Financial Measures
Déposé par :
L'honorable Graham Steele
Minister of Finance
|Première lecture||15 avril 2011
(en anglais seulement)
|Débats en deuxième lecture||26 avril 2011
28 avril 2011
2 mai 2011
|Adoption en deuxième lecture||2 mai 2011|
|Comité des modifications des lois||Sommaire des soumissions
|Date(s) de réunion||4 mai 2011|
|Rapport à la Chambre||6 mai 2011|
|Comité plénier||10 mai 2011|
|Débats de la troisième lecture||10 mai 2011|
|Débats de la troisième lecture||10 mai 2011|
|Sanction royale||19 mai 2011|
|Prise d'effet||Section 7 has effect on and after January 1, 2010; Section 10 has effect on and after December 1, 2010; Sections 8 and 9 have effect on and after January 1, 2011; Sections 2, 18 to 20 and 31 have effect on and after April 1, 2011; Section 3 has effect on and after May 1, 2011; Section 17 has effect on and after July 1, 2011; Sections 21 to 25 and subsection 27(1) come into force on and not before April 1, 2012; Sections 11 to 16 come into force on and not before November 15, 2011.|
|2011 Statutes, Chapter 8||Voir (en anglais seulement)|
Note explicative (en anglais seulement)
Clause 1 sets out the short title of the Act.
Clause 2 increases the fees payable under the Companies Act.
Clause 3 increases fees payable under Section 12 of the Corporations Registration Act.
Clause 4 amends the Corrections Act to provide that the total annual municipal contributions to corrections in 2012-13 and subsequent fiscal years is the same as for 2010-11 fiscal year.
Clause 5 removes, effective for the 2012-13 fiscal year, the link of the increase in the total minimum municipal contributions to education to be paid by municipalities to the Consumer Price Index.
Clause 6 amends the Housing Act to provide that, effective April 1, 2012, the municipal contributions for public housing are 50% of public housing losses incurred for 2010-11 fiscal year and 100% of public housing losses for 2011-12 and subsequent fiscal years.
Clause 7 maintains Nova Scotia’s dividend tax credit rate of 8.85 per cent. The change is necessary as a result of the corporate general rate decreases implemented by the federal government and changes to the federal dividend gross-up rates.
Clause 8 provides a low income tax deduction to a widowed person for that person’s spouse if the spouse died during the taxation year.
Clause 9 provides for the reduction in the small business corporate income tax rate from 4.5 per cent to 4.0 per cent on January 1, 2012.
Clause 10 provides for the removal of the total production costs cap on the Film Industry Tax Credit where film production commenced after November 30, 2010.
Clause 11 updates the definition of “Minister” in the Motor Carrier Act to reflect present responsibilities.
Subclause 12(1) requires notice of an application for the operation of a public passenger vehicle to be given to the Minister.
Subclause 12(2) requires notice of the hearing of an application for the operation of a public passenger vehicle to be given to the Minister if the Nova Scotia Utility and Review Board has been advised of the Minister’s intention to participate in the hearing.
Subclause 13(1) empowers the Board to investigate, on the complaint of the Minister, whether any person has operated a public passenger vehicle in violation of the Motor Carrier Act or the regulations.
Subclause 13(2) and Clause 14 update department and minister references in the Motor Carrier Act to reflect present responsibilities.
Clause 15 deletes a reference to the Board in the Motor Carrier Act to reflect present responsibilities.
Clause 16 changes a reference to the Board in the Motor Carrier Act to a reference to the Minister to reflect present responsibilities.
Clause 17 provides for an increase in the re-instatement fee for the restoration of a driver’s licence following a revocation for an alcohol-related offence.
Clause 18 changes the charge payable under Section 4 of the Payment into Court Act.
Clause 19 provides for a cost of living increase in the registration fees under the Personal Property Security Act.
Clause 20 increases the taxes payable under subsection 87(2) of the Probate Act.
Clause 21 to 25
(a) changes references to “tear tape” in the Revenue Act to “tobacco stamps”; and
(b) provides for an administrative penalty, for tobacco stamps that have not been accounted for, equal to the tax that would have been imposed on the quantity of tobacco for which the stamps were issued.
This will facilitate the continued harmonization of Nova Scotia’s tobacco-marking system and penalties with the federal regime.
Clause 26 and 27
(a) provide that where a person is in default of payment of all or part of a fine and costs imposed upon conviction for an offence under Part I or III of the Revenue Act that involves the use of a motor vehicle, the Registrar of Motor Vehicles may, rather than shall, refuse to renew the person’s driver’s licence or vehicle permit or transfer or register a vehicle of such person or refuse to issue a document to that person or provide any other service until the fine and costs imposed have been paid in full; and
(b) makes an amendment consequential to Clauses 21 to 25.
Clause 28 to 30 increase fees under the Summary Proceedings Act.
Clause 31 increases fees under Section 16A of the Trust and Loan Companies Act.
Clause 32 sets out the effective dates for the Act.