The Nova Scotia Legislature

The House adjourned:
October 26, 2017.

Bill No. 36

Balanced Budget Act

An Act to Require Balanced Budgets and Limit Government Spending

Introduced by:
Tim Houston
Pictou East

First Reading
Second Reading Debates
Second Reading Passed
Law Amendments Committee
Committee of the Whole House
Third Reading Debates
Third Reading
Royal Assent
Commencement

Explanatory Note

Clause 1 provides a short title to the Act.

Clause 2 limits the year-over-year percentage increase in government spending to an amount equal to the estimated percentage increase in the population of Nova Scotia and the rate of inflation as measured by the change in the Consumer Price Index.

Clause 3 prohibits the Minister of Finance from tabling a budget that is not balanced.