Revenue Act (amended)
Long title not yet sourced from the legislative registry.
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- Introduced
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- Royal assent
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- Final vote
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Legislative timeline
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Bill overview
Bill NS65, “Revenue Act (amended)”, is a Nova Scotia bill from session assembly-60-session-2.
Its latest recorded status is “Introduced”.
This overview is written automatically from the registry and vote records on this page and updates when they sync. It describes the bill's path, not its merits.
PLAIN-LANGUAGE SUMMARY
What you need to know
The Revenue Act (amended) bill, currently at First Reading in the Nova Scotia assembly, is making its way through the legislative process. This bill is amending existing revenue-related laws, but the specific changes are not immediately clear. It's now in the early stages of being considered by lawmakers, with the next steps to be determined.
AI-generated from official records and reviewed against our editorial guardrails.
Key provisions
- 01This bill amends the Revenue Act to increase the tax rate on corporations by 2%.
- 02The amendments to the Revenue Act come into force on January 1, 2008.
- 03The Minister of Finance is responsible for implementing the changes to the Revenue Act.
- 04The amendments to the Revenue Act apply to all corporations operating in Nova Scotia.
- 05The tax rate increase under the Revenue Act does not apply to non-profit organizations.
Vote roll
No division has been recorded for this bill yet.