BILL NO. 465
(as introduced)
1st Session, 64th General Assembly
Nova Scotia
2 Charles III, 2024
Private Member's Bill
HST Reduction Act
The Honourable Zach Churchill
Yarmouth
First Reading: September 5, 2024
Second Reading:
Third Reading:
An Act to Reduce
the Harmonized Sales Tax
1 This Act may be cited as the HST Reduction Act.
"Agreement" means the Comprehensive Integrated Tax Coordination Agreement Between the Government of Canada and the Government of Nova Scotia;
"Minister" means the Minister of Finance and Treasury Board;
"provincial tax rate" means the "PVAT Rate" as defined in the Agreement.
3 In accordance with the Agreement, the Minister shall, on behalf of the Province, advise the Government of Canada of the Province's desire to reduce the provincial tax rate from 10% to 8% effective on April 1, 2025.
4 The Minister shall give any notices, make any announcements and table any instruments required under the Agreement to implement the reduced provincial tax rate.
5 The Minister shall review all other sales taxes charged by the Province to determine if it is necessary or advisable to change the rate of those taxes to accord with the reduced provincial tax rate.
This page and its contents published by the Office of the Legislative Counsel, Nova Scotia House of Assembly, and © 2024 Crown in right of Nova Scotia. Created September 5, 2024. Send comments to legc.office@novascotia.ca.
