The Nova Scotia Legislature

The House resumed on:
September 21, 2017.

Bill No. 1

Tax-free Zone for Small Business Act

An Act to Amend Chapter 217 of the Revised Statutes, 1989, the Income Tax Act

Introduced by:
Honourable Jamie Baillie
Cumberland South

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

This Bill increases the small-business threshold for provincial income tax to $500,000 and reduces the small-business income-tax rate to zero over four years.