BILL NO. 341
(as introduced)
1st Session, 64th General Assembly
Nova Scotia
2 Charles III, 2023
Private Member's Bill
Income Tax Act
(amended)
The Honourable Zach Churchill
Yarmouth
First Reading: October 17, 2023
Second Reading:
Third Reading:
Explanatory Notes
Clause 1 amends the Income Tax Act to provide that the More Opportunity for Skilled Trades (MOST) refund of tax for individuals in prescribed skilled occupations must include
(a) all healthcare workers, including paramedics, as skilled occupations; and
(b) criteria that individuals are eligible for the refund within the individual's first 10 years after achieving the relevant degree, certification, licence or other qualification in the prescribed skilled occupation.
Clause 2 deems the Tax Refund for Skilled Trades and Occupations Regulations, made under the Income Tax Act, to be amended to accord with the regulation-making powers as revised under Clause 1.
Clause 3 provides that the money required for the purpose of this Act must be paid out of money appropriated for that purpose by the Legislature.
An Act to Amend Chapter 217
of the Revised Statutes, 1989,
the Income Tax Act,
to Expand the Skilled Occupations Tax Refund
Be it enacted by the Governor and Assembly as follows:
1 Subsection 80(1) of Chapter 217 of the Revised Statutes, 1989, the Income Tax Act, as enacted by Chapter 4 of the Acts of 2000 and amended by Chapter 3 of the Acts of 2010 and Chapter 4 of the Acts of 2022, is further amended by
(a) adding ", which must include all healthcare workers, including paramedics" immediately after "occupations" in the second line of clause (aa); and
(b) adding ", which must include criteria that individuals are eligible for the refund within the individual's first 10 years after achieving the relevant degree, certification, licence or other qualification in the prescribed skilled occupation" immediately after "(aa)" in the second line of clause (ab).
2 The Tax Refund for Skilled Trades and Occupations Regulations, made under clauses 80(1)(aa) and (ab) of the Income Tax Act, are deemed to be amended to accord with those clauses as amended by Section 1.
3 The money required for the purpose of this Act must be paid out of money appropriated for that purpose by the Legislature.
This page and its contents published by the Office of the Legislative Counsel, Nova Scotia House of Assembly, and © 2023 Crown in right of Nova Scotia. Created October 17, 2023. Send comments to legc.office@novascotia.ca.
