Manitoba Hansard — 42 3 b048e.php

42-3 b048e.php

Manitoba — Debates (Hansard)

Search the Bills

Current Session:

43 - 3 (2025-

Past Sessions:

43rd Legislature

43 - 2 (2024-2025)

43 - 1 (2023-2024)

42nd Legislature

42 - 5 (2022-2023)

42 - 4 (2021-2022)

42 - 3 (2020-2021)

42 - 2 (2019-2020)

42 - 1 (2019)

41st Legislature

41 - 4 (2018-2019)

41 - 3 (2017-2018)

41 - 2 (2016-2017)

41 - 1 (2016)

40th Legislature

40 - 5 (2015-2016)

40 - 4 (2014-2015)

40 - 3 (2013-2014)

40 - 2 (2012-2013)

40 - 1 (2011-2012)

39th Legislature

39 - 5 (2010-2011)

39 - 4 (2009-2010)

39 - 3 (2008-2009)

39 - 2 (2007-2008)

39 - 1 (2007)

38th Legislature

38 - 5 (2006-2007)

38 - 4 (2005-2006)

38 - 3 (2004-2005)

38 - 2 (2003-2004)

38 - 1 (2003)

37th Legislature

37 - 4 (2002-2003)

37 - 3 (2001-2002)

37 - 2 (2000-2001)

37 - 1 (1999-2000)

Home → Legislative Business → Bills → 42-3

Status of bills in this Session.

3rd Session, 42nd Legislature

This HTML version is provided for ease of use and is based on the bilingual version that was distributed in the Legislature after First Reading.

Bill 48

THE FISCAL RESPONSIBILITY AND TAXPAYER PROTECTION AMENDMENT ACT

Bilingual version (PDF)

Explanatory Note

(Assented to )

HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Manitoba, enacts as follows:

C.C.S.M. c. F84 amended

The Fiscal Responsibility and Taxpayer Protection Act is amended by this Act.

2(1)

Clause 4(2)(

a) is replaced with the following:

(

a) in relation to the 2020-2021 fiscal year, the deficit reported under

section 7 for that year; and

2(2)

Subclause 4(2)(b)(

i) is replaced with the following:

(

i) the amount equal to 1/8 of the deficit described in clause (a),

Subsection 6(4) is amended by adding the following after clause (a):

(a.1) an expenditure incurred in the fiscal year ending on March 31, 2022, in response to the pandemic caused by the communicable disease known as COVID-19;

The following is added after subsection 7(1):

Exception for 2020-2021 fiscal year

7(1.1)

Clause (1)(a.1) does not apply in respect of the 2020-2021 fiscal year.

5(1)

Subsection 8(6) is amended by replacing everything after " according to the following formula: " with the following:

Reduction = A × (B − C)/B

In this formula,

is the amount withheld for that year under subsection (2);

is the amount equal to 1/8 of the deficit reported under

section 7 for the 2020-2021 fiscal year;

is the lesser of

(

a) the amount equal to 1/8 of the deficit reported under

section 7 for the 2020-2021 fiscal year, and

(

b) the amount by which the baseline amount exceeds the deficit.

If the amount withheld for the fiscal year exceeds the salary reduction for that year, the excess is payable to the person for that fiscal year, without interest.

5(2)

The following is added after

subsection 8(11):

Transitional: 2020-2021 fiscal year

8(12)

This

section does not apply to the 2020-2021 fiscal year.

Subsection 8.1(1) is amended by striking out " after 2017 and before 2026 " and substituting " after 2021 and before 2030 ".

Transitional

On the day after this Act receives royal assent, the amount equal to the portion of the ministerial salary that has been withheld from a person under subsection 8(2) for the 2020-2021 fiscal year is payable to the person for that fiscal year, without interest.

Coming into force

This Act is deemed to have come into force on April 1, 2020.

Explanatory Note

The Fiscal Responsibility and Taxpayer Protection Act requires that the government not incur a deficit greater than the baseline amount and penalizes ministers by reducing their salaries if the deficit is not reduced by at least $100 million each year.

This Bill amends The Fiscal Responsibility and Taxpayer Protection Act

to reset the baseline amount for 2020-2021 to the deficit reported under the Act for that fiscal year in the public accounts;

to enable the government to exclude pandemic expenditures in determining the deficit for the 2021-2022 fiscal year;

to provide for the payment of ministerial salaries withheld for the 2020-2021 fiscal year;

to require ministerial salaries for any following year to be reduced if the deficit for the year does not meet the target, which is the baseline for the year less 1/8 of the baseline amount for 2020-2021; and

to provide for the repayment of any ministerial salary reductions if the deficit is eliminated in the 2028-2029 fiscal year or earlier.

Document details

Collection	Manitoba — Debates (Hansard)
Citation	42-3 b048e.php
Type	bill
Volume / chapter	42 3 b048e.php
Language	en
Format	html
Source	PROVINCIAL
Identifier	59ee7e270d50ac489a948b2b2c80d0f989ce12ca

Source file is stored in the law ingest library (html).