An Act to amend the Income Tax Act (temporary enhancement to the Goods and Services Tax/Harmonized Sales Tax credit)

Short title: Cost of Living Relief Act, No. 1 (Targeted Tax Relief) Bill C-30 (44-1) Status: Royal assent received Type: House Government Bill Sponsor: Chrystia Freeland, Deputy Prime Minister and Minister of Finance (University—Rosedale) Latest stage: Royal assent Legislative

summary <div>The Library of Parliament does not prepare Legislative Summaries for self-explanatory measures. The following is a short

summary:<br/><br/>On September 2022, the Deputy Prime Minister and Minister of Finance introduced Bill C-30,

An Act to amend the Income Tax Act (temporary enhancement to the Goods and Services Tax/Harmonized Sales Tax credit) (Cost of Living Relief Act, No. 1 (Targeted Tax Relief)), and it was given first reading. <br/><br/>Bill C-30 amends the Income Tax Act in order to double the Goods and Services Tax/Harmonized Sales Tax (GST/HST) credit for six months, effectively increasing the maximum annual GST/HST credit amounts by 50% for the 2022-2023 benefit year.</div> House of Commons — First reading: Completed (2022-09-20) House of Commons — Second reading: Completed (2022-09-28) House of Commons — Consideration in committee: Completed (2022-10-04) House of Commons — Report stage: Completed (2022-10-04) House of Commons — Third reading: Completed (2022-10-06) Senate — First reading: Completed (2022-10-06) Senate — Second reading: Completed (2022-10-17) Senate — Third reading: Completed (2022-10-18) LEGISinfo: https://www.parl.ca/legisinfo/en/bill/44-1/c-30