Back to top
Next Generation

BILL NO. 50

(as introduced)

4th Session, 61st General Assembly
Nova Scotia
61 Elizabeth II, 2012



Private Member's Bill



Next Generation Act



The Honourable Jamie Baillie
Cumberland South



First Reading: April 25, 2012

(Explanatory Note)

Second Reading:

Third Reading:

Explanatory Note

This Bill

(a) requires the Minister of Finance to prepare and submit to the House of Assembly an intergenerational report within five years after the coming into force of this amendment, and every five years thereafter; and

(b) specifies the content of an intergenerational report.

An Act to Amend Chapter 2
of the Acts of 2010,
the Finance Act,
Respecting Intergenerational Reporting

Be it enacted by the Governor and Assembly as follows:

1 This Act may be cited as the Next Generation Act.

2 Chapter 2 of the Acts of 2010, the Finance Act, is amended by adding immediately after Section 60 the following Section:

60A (1) Within five years after the coming into force of this Section, and every five years thereafter, the Minister shall prepare and submit to the House of Assembly an intergenerational report for the Province.

(2) The Minister shall table the intergenerational report in the House of Assembly if the Assembly is then sitting or, if it is not then sitting, file the report with the Clerk of the Assembly.

(3) The intergenerational report must assess the long term sustainability of current Government policies over the forty-year period following the release of the report, including by taking account of the financial implications of demographic change in the Province.

 


This page and its contents published by the Office of the Legislative Counsel, Nova Scotia House of Assembly, and © 2012 Crown in right of Nova Scotia. Created April 25, 2012. Send comments to legc.office@novascotia.ca.