Fiscal Transparency and Accountability Amendment Act (Pre-Election Reports), 2013 Scott, Laurie — Bill 126 (40th Parliament, 2nd Session)

Bill 126, 40-2

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Bill 126, Fiscal Transparency and Accountability Amendment Act (Pre-Election Reports), 2013

Scott, Laurie

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[40] Bill 126 Original (PDF)

Bill 126 2013

Act to amend the Fiscal Transparency and Accountability Act, 2004

Her

Majesty, by and with the advice and consent of the Legislative Assembly of the

Province of Ontario, enacts as follows:

1. (1) Subsection

10 (1) of the Fiscal Transparency and Accountability Act,

2004 is repealed and the following substituted:

Pre-election

report about Ontario's finances

(1) In every year in which a provincial

election is required to be held under clause 9 (2) (

b) of the Election Act , the Ministry of Finance shall release a

pre-election report about Ontario's finances no later than 30 days after the

Minister moves the Budget motion in the year under Standing Order 58 (

a) of the

Standing Orders of the Assembly.

Same

(1.1) The Ministry of Finance shall release

a pre-election report about Ontario's finances no later than seven days after a

writ is issued under the Election Act for a

provincial election, other than a writ for a provincial election required to be

held under clause 9 (2) (

b) of the Election Act .

(2) Subsection 10 (3) of the Act is repealed

and the following substituted:

Review

by Auditor General

(3) The Auditor General shall promptly

review a pre-election report required under subsection (1) to determine whether

it is reasonable, and shall release a statement describing the results of the

review.

Same

(3.1) The Auditor General shall promptly review

a pre-election report required under subsection (1.1) to determine whether it

is reasonable, and shall release a statement describing the results of the

review either before the provincial election, if possible, or within a

reasonable time after the election.

Commencement

2. This

Act comes into force on the day it receives Royal Assent.

Short

title

3. The

short title of this Act is the Fiscal Transparency and

Accountability Amendment Act (Pre-Election Reports), 2013 .

EXPLANATORY

NOTE

Currently,

subsection 10 (1) of the Fiscal Transparency and

Accountability Act, 2004 requires the Minister of Finance to release a

pre-election report about Ontario's finances in such circumstances and by such

deadline as provided for in the regulations.

Section 10 is amended as follows:

1. In

every year in which there is a fixed date for a general election, the Minister

is required to release a pre-election report no later than 30 days after the

Minister moves the Budget motion in the year.

2. If

a writ is issued under the Election Act for a

general election other than a fixed date general election, the Minister is

required to release a pre-election report no later than seven days after the

writ is issued.

Currently,

subsection 10 (3) of the Act requires the Auditor General to promptly review a

pre-election report and to release a statement describing the results of the

review. The subsection is re-enacted to apply to a pre-election report that is

released in connection with a fixed date general election. A new subsection 10

(3.1) applies to a pre-election report that is released in connection with a

non-fixed date general election. It requires the Auditor General to promptly

review the report and to release a statement describing the results of the

review either before the election, if possible, or within a reasonable time

after the election.

Date Bill stage Activity Committee

November 21, 2013

Ordered referred to Standing Committee

Standing Committee on Finance and Economic Affairs

November 21, 2013

Second Reading

Carried

November 21, 2013

Second Reading

Debate

November 4, 2013

First Reading

Carried

Debates and Progress

First Reading

November 4, 2013

Committee

Second Reading

November 21, 2013

Ms. Laurie Scott, Mr. Michael Prue, Mr. Steven Del Duca, Mr. John O’Toole, Ms. Catherine Fife, Mr. Bob Delaney, Mrs. Julia Munro

November 21, 2013

Declared carried. Referred to the Standing Committee on Finance and Economic Affairs.

Committee

Standing Committee on Finance and Economic Affairs

Third Reading

Royal Assent

Acts affected - Bill 126

Most Ontario public acts are available electronically; to view copies of the Acts to be amended by this bill visit e-laws

Fiscal Transparency and Accountability Act, 2004

Legislative Assembly of Ontario

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Document details

Collection	Ontario — Bills
Citation	Bill 126, 40-2
Type	bill
Volume / chapter	p40 s2 bill 126 html
Language	en
Format	html
Source	PROVINCIAL
Identifier	88c31d5103eea736e8fb742aef28d2b5bfcdff31

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