Bill 29 (Legislature 30, Session 1)

L30 S1 11825

Alberta — Bills

2019 Bill 29 First Session, 30th Legislature, 68 Elizabeth II THE LEGISLATIVE ASSEMBLY OF ALBERTA BILL 29 MUNICIPAL GOVERNMENT (MACHINERY AND EQUIPMENT TAX INCENTIVES) AMENDMENT ACT, 2019 THE MINISTER OF MUNICIPAL AFFAIRS First Reading . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Second Reading . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Committee of the Whole . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Third Reading . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Royal Assent . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

1 Bill 29 BILL 29 2019 MUNICIPAL GOVERNMENT (MACHINERY AND EQUIPMENT TAX INCENTIVES) AMENDMENT ACT, 2019 ( A s s e n t e d t o , 2 0 1 9 ) HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Alberta, enacts as follows: Amends RSA 2000 cM-26 1 The Municipal Government Act is amended by this Act. 2

Section 364.2 is amended (

a) in subsection (1) by repealing clause (c); (

b) by repealing subsection (2) and substituting the following:

(2) A council may, by bylaw, for the purpose of encouraging the development or revitalization of properties in an assessment class specified in

section 297(1)(

b) or (

d) for the general benefit of the municipality, provide for (

a) full or partial exemptions from taxation under this Division for property in one or both of those assessment classes, or (

b) deferrals of the collection of tax under this Division on property referred to in clause (a). (

c) in subsection (3)

1 Explanatory Notes Explanatory Notes 1 Amends

chapter M-26 of the Revised Statutes of Alberta 2000. 2

Section 364.2 presently reads in part: 364.2(1) In this section, (a) “deferral” means a deferral under this section; (b) “exemption” means an exemption under this section; (c) “non-residential” means non-residential as defined in

section 297(4).

(2) A council may by bylaw, for the purpose of encouraging the development or revitalization of non-residential properties for the general benefit of the municipality, provide for (

a) full or partial exemptions from taxation under this Division for non-residential property, or (

b) deferrals of the collection of tax under this Division on non-residential property.

(3) A bylaw under subsection (2)

2 (

i) in clause (

a) by striking out “a non-residential”; (ii) in clause (

b) by striking out “in respect of non-residential property”; (

d) in subsection (4) by striking out “non-residential”.

2 Explanatory Notes (

a) must set criteria to be me t for a non-residential property to qualify for an exemption or deferral, (

b) must establish a process for the submission and consideration of applications for an exemption or deferral in respect of non-residential property,

(4) If after reviewing an application the municipality determines that the non-residential property meets the requirements for a full or partial exemption or for a deferral, the municipality may grant the exemption or deferral.

RECORD OF DEBATE Stage Date Member From To Questions and Comments From To Stage Date Member From To Questions and Comments From To Stage Date Member From To Questions and Comments From To Stage Date Member From To Questions and Comments From To 2019 (30th, 1st) Bill 29, Municipal Government (Machinery and Equipment Tax Incentives) Amendment Act, 2019

Document details

Collection	Alberta — Bills
Citation	L30 S1 11825
Type	bill
Volume / chapter	L30 S1 11825
Language	en
Format	json
Source	PROVINCIAL
Identifier	cad7c0ea0b23efd7acabfcf5122efe0780cba3e5

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