City of Toronto Act (Graduated Tax Rates), 2000 — Private Bill PR11 (37th Parliament, 1st Session)

Bill PR11, 37-1

Ontario — Bills

1ST SESSION, 37TH LEGISLA TURE, ONTARIO ELIZABETH II, 2000 Bill Pr11

An Act respecting the City of Toronto Mrs. Mushinski Private Bill 1st Reading June 15, 2000 2nd Reading 3rd Reading Royal Assent Printed by the Legislative Assembly of Ontario Bill Pr11

An Act respecting the City of Toronto

Preamble Graduated tax rates, specified property classes The council of the City of Toronto has applied for special legislation in respect of the matters set out in this Act. It is appropriate to grant the application. Therefore, Her Majesty, by and with the advice and consent of the Legislative Assembly of the Province of Ontario, enacts as follows: 1.

(1) In a by-law made under subsection 368.2 (1) of the Municipal Act , assessment bands may be established for each of the fol- lowing property classes: 1. The residential/farm property class. 2. The commercial property class. 3. The industrial property class.

(2) The reference in clause 368.2 (1) (

a) of the Municipal Act to a property class described in subsection 368.2 (1.1) of that Act shall be deemed to be a reference to a property class listed in subsection (1). 2. This Act comes into force on the day it receives Royal Assent. 3. The

short title of this Act is the City of Toronto Act (Graduated Tax Rates), 2000. Same Commence- ment

Short title ___________________ EXPLANATORY NOTE Currently,

section 368.2 of the Municipal Act allows a munici- pality to establish graduated tax rates for property in the commer- cial and industrial property classes. The Bill will authorize the City to establish graduated tax rates for the residential/farm property class, too.

Document details

Collection	Ontario — Bills
Citation	Bill PR11, 37-1
Type	bill
Volume / chapter	p37 s1 bill pr11 bill text 37 1 en pr011.pdf
Language	en
Format	json
Source	PROVINCIAL
Identifier	b771c2c64fc3829c0903b8f821db932d54bcd5c9

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