Bill 210 — First Session, 26Th Legislature, 54 Elizabeth Ii the Legislative Assembly of Alberta Bill 210 School (Property Tax Reduction) Amendment Act, 2005 (Legislature 26, Session 1)

L26 S1 482

Alberta — Bills

2005 Bill 210 First Session, 26th Legislature, 54 Elizabeth II THE LEGISLATIVE ASSEMBLY OF ALBERTA BILL 210 SCHOOL (PROPERTY TAX REDUCTION) AMENDMENT ACT, 2005 MR. MARZ First Reading . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Second Reading . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Committee of the Whole . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. Third Reading . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Royal Assent . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Bill 210 Mr. Marz BILL 210 2005 SCHOOL (PROPERTY TAX REDUCTION) AMENDMENT ACT, 2005 (Assented to , 2005) HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Alberta, enacts as follows: Amends RSA 2000 cS-3 1 The School Act is amended by this Act. 2

Section 174 is amended (

a) in subsection (2) by adding the following after clause (c): (

d) the formula in subsection (4.1); (

b) in subsection (3) by striking out “Notwithstanding any other subsection,”; (

c) by adding the following after subsection (4):

(4.1) The amount to be paid by each municipality pursuant to subsection (4) for each of the years specified below must be determined by the following formula: 2006 A = B x 1.0 2007 A = B x .8 2008 A = B x .6 2009 A = B x .4 2010 A = B x .2 1

where A is the total amount to be paid by a municipality pursuant to subsection (4); B is the amount to be paid by a municipality in 2006.

(4.2) After 2010, the amount to be paid by each municipality pursuant to subsection (4) shall be $0. 2

Explanatory Notes 1 Amends

chapter S-3 of the Revised Statutes of Alberta 2000. 2

Section 174 presently reads: 174(1) The Lieutenant Governor in Council shall in each year establish one or more property tax rates expressed in mills.

(2) The property tax rate shall be established under subsection (1) in accordance with the following: (

a) there shall be one property tax rate for the equalized assessment of residential and farm land property referred to in

section 297(1) of the Municipal Government Act; (

b) there shall be one property tax rate for the equalized assessment of non residential property referred to in

section 297(1) of the Municipal Government Act; (

c) there shall be one property tax rate for the equalized assessment of machinery and equipment property referred to in

section 297(1) of the Municipal Government Act.

(3) Notwithstanding any other subsection, the property tax rates established under subsection (1) may be varied by the Lieutenant Governor in Council among towns or townsites in national parks. Explanatory Notes 1

( 4) Each municipality shall pay annually into the Alberta School Foundation Fund a sum equal to the amount that results from applying the rates referred to in subsection (1) in accordance with the order that establishes them to the equalized assessment of the municipality as established for the year under the Municipal Government Act.

(5) A municipality that has passed a supplementary assessment bylaw under the Municipal Government Act shall pay to the Alberta School Foundation Fund the amount raised pursuant to the requisition as a result of the supplementary taxes levied on that portion of the assessment base of the municipality in respect of which no payment is made under

section 164(3).

(6) The amount referred to in subsection (5) shall be paid to the Alberta School Foundation Fund on or before February 28 in the year subsequent to the year for which the supplementary tax is levied.

(7) The amount paid into the Alberta School Foundation Fund pursuant to subsection (5) (

a) shall be used to offset any under levy resulting from appeals from equalized assessments under the Municipal Government Act, and (

b) if there is an amount remaining after all offsets under clause (

a) are made, that amount shall be used to lower the province wide requisition under this

section in the subsequent year.

(8) The Minister, or a person designated in writing by the Minister, shall advise each municipality as soon as possible in each year of the amount that the municipality is required to pay into the Alberta School Foundation Fund.

(9) Each municipality shall pay into the Alberta School Foundation Fund the amount calculated by applying the mill rates set pursuant to subsection (1).

(10) Notwithstanding anything in this Division, the Minister may by order provide that the sum required to be paid into the Alberta School Foundation Fund by a municipality pursuant to subsection (4) be paid, in whole or in part, directly to one or more boards of districts or divisions situated in whole or in part within the municipality, and any sum paid under this

section is deemed to be a payment into the Alberta School Foundation Fund.

(11) Notwithstanding anything in this Division, the Minister may by order suspend or defer in whole or in part the payment of any sum required to be paid under subsection (4) for the period of time and on the terms and conditions that the Minister prescribes.

(12) Notwithstanding anything in this section, that portion of the assessment base of a municipality that is assessable for separate school Explanatory Notes 2

Explanatory Notes 3 purposes pursuant to

section 164(2)(

b) is not to be included in the equalized assessment referred to in subsection (4).

(13) If it is determined on appeal under the Municipal Government Act that a municipality has paid an amount into the Alberta School Foundation Fund in excess of the sum that it is required to pay under subsection (4), the Minister may order the repayment of the excess to the municipality from the Alberta School Foundation Fund. Title: 2005 (26th, 1st) Bill 210, School (Property Tax Reduction) Amendment Act, 2005

Document details

Collection	Alberta — Bills
Citation	L26 S1 482
Type	bill
Volume / chapter	L26 S1 482
Language	en
Format	json
Source	PROVINCIAL
Identifier	de0e049526f12590b69c7b6d8d80c87041a9afaa

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