BILL NO. 121
2nd Session, 60th General Assembly
57 Elizabeth II, 2008
Private Member's Bill
Cape Breton Nova
First Reading: April 24, 2008
Second Reading: May 6, 2008
Third Reading: May 26, 2008 (WITH COMMITTEE AMENDMENTS) (LINK TO BILL AS PASSED)
This Bill amends the Assessment Act to apply to housing co-operatives the limit on increases in the assessed value of certain properties for municipal taxation purposes (the "assessment cap").
1 Section 45A of Chapter 23 of the Revised Statutes, 1989, the Assessment Act, as enacted by Chapter 10 of the Acts of 2004 and amended by Chapter 24 of the Acts of 2006, is further amended by adding immediately after subsection (2) the following subsection:
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