Oil Refineries and L.N.G. Plants Municipal Taxation Act*
Long title not yet sourced from the legislative registry.
- Sponsor
- —
- Introduced
- —
- Royal assent
- —
- Final vote
- —
Legislative timeline
- 1st—
- 2nd—
- Comm.—
- 3rd—
- Senate—
- Assent—
Bill overview
Bill NS74, “Oil Refineries and L.N.G. Plants Municipal Taxation Act*”, is a Nova Scotia bill from session assembly-59-session-1.
Its latest recorded status is “Passed”.
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
This bill, known as the Oil Refineries and L.N.G. Plants Municipal Taxation Act, is currently in effect in Nova Scotia. It allows the province to exempt oil refineries and liquefied natural gas plants from municipal taxation, effectively relieving them of property taxes. This change in taxation policy aims to make these industries more competitive and attractive to investors, potentially boosting economic growth in the region.
AI-generated from official records and reviewed against our editorial guardrails.
Key provisions
- 01This Act may be cited as the Oil Refineries and L.N.G. Plants Municipal Taxation Act.
- 02The Lieutenant Governor in Council may make regulations for the purposes of this Act.
- 03The tax imposed under this Act is payable to the municipal corporation in which the oil refinery or L.N.G. plant is located.
- 04The tax imposed under this Act is calculated on the basis of the amount of oil refined or L.N.G. produced at the oil refinery or L.N.G. plant.
- 05The Lieutenant Governor in Council may prescribe the form and manner in which the tax imposed under this Act is to be paid.
Vote roll
No division has been recorded for this bill yet.