BILL NO. 175
(as introduced)
1st Session, 64th General Assembly
Nova Scotia
71 Elizabeth II, 2022
Private Member's Bill
Assessment Act
(amended)
Elizabeth Smith-McCrossin
Cumberland North
First Reading: April 20, 2022
Second Reading:
Third Reading:
Explanatory Note
This Bill limits the increase in the taxable assessed value of qualified properties to the lesser of 2.5% and the increase in the Consumer Price Index for Nova Scotia.
An Act to Amend Chapter 23
of the Revised Statutes, 1989,
the Assessment Act
Be it enacted by the Governor and Assembly as follows:
1 Clause 45A(1)(d) of Chapter 23 of the Revised Statutes, 1989, the Assessment Act, as enacted by Chapter 24 of the Acts of 2006, is amended by adding "lesser of 2.5% and the" immediately after "the" in the fifth line.
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