2020 Legislative Session: 5th Session, 41st Parliament

FIRST READING

The following electronic version is for informational purposes only.

The printed version remains the official version.

HONOURABLE CAROLE JAMES

MINISTER OF FINANCE AND DEPUTY PREMIER

BILL 15 – 2020

SUPPLY ACT (No. 2), 2020

Preamble

WHEREAS it appears by Message from the Honourable the Lieutenant Governor and the Estimates accompanying the Message that provision is required to defray certain expenses of the public service of the Province, and for other purposes connected with the public service, for the fiscal year ending March 31, 2021;

AND

WHEREAS it appears by Message from the Honourable the Lieutenant Governor and the Supplementary Estimates accompanying the Message that provision is required to defray certain additional expenses of the public service of the Province, and for other purposes connected with the public service, for the fiscal year ending March 31, 2021;

THEREFORE HER MAJESTY, by and with the advice and consent of the Legislative Assembly of the Province of British Columbia, enacts as follows:

Voted expenses appropriation

1 From and out of the consolidated revenue fund there may be paid and applied in the manner and at the times the government may determine towards defraying the charges and expenses of the public service of the Province for the fiscal year ending March 31, 2021

(

a) the sum of $36 915 324 000, being substantially 3/4 of the total amount of the votes of the main Estimates for the fiscal year ending March 31, 2021, as laid before the Legislative Assembly at the present session, and

(

b) the additional sum of $5 000 000 000, being the total amount of the vote of the Supplementary Estimates for the fiscal year ending March 31, 2021, as laid before the Legislative Assembly at the present session.

Voted financing transactions appropriation

2 From and out of the consolidated revenue fund there may be paid and applied in the manner and at the times the government may determine the sum of $1 095 485 000 towards

(

a) capital expenditures referred to in

Schedule C of the main Estimates for the fiscal year ending March 31, 2021, as laid before the Legislative Assembly at the present session, and

(

b) the disbursements for loans, investments and other requirements referred to in

Schedule D of those main Estimates,

as set forth in the

Schedule to this Act, towards defraying the charges and expenditures of the public service of the Province for the fiscal year ending March 31, 2021.

Voted revenue transfers appropriation

3 From and out of the consolidated revenue fund there may be paid and applied in the manner and at the times the government may determine the sum of $1 444 250 000 for disbursements referred to in

Schedule E of the main Estimates for the fiscal year ending March 31, 2021, as laid before the Legislative Assembly at the present session.

Commencement

4 This Act comes into force on the date of Royal Assent.

SCHEDULE

2020/2021

SCHEDULE OF VOTED FINANCING TRANSACTIONS

Sums granted to Her Majesty for the fiscal year ending March 31, 2021 and the purposes for which they are granted

Schedule C – Capital Expenditures

513 698 000

Schedule D – Loans, Investments and Other Requirements

581 787 000

TOTAL

1 095 485 000

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