British Columbia Bill 220 (Private Member) — 43rd Parliament, 1st Session — Previous Version 1
43-1 Member Bill 220-1
British Columbia — Bills
PDF Version
1st Session, 43rd Parliament
(2025) FIRST READING
The following electronic version is for informational purposes only.
The printed version remains the official version.
PETER MILOBAR
BILL M 220 – 2025
MUNICIPAL AFFAIRS STATUTES
AMENDMENT ACT, 2025
HIS MAJESTY, by and with the advice and consent of the Legislative Assembly of the Province of British Columbia, enacts as follows:
Taxation Rate Cap for Class 2 Property Regulation
CLAUSE 1: [Taxation Rate Cap for Class 2 Property Regulation,
section 2] makes an amendment to the general rule in setting the tax or levy rate for class 2 property for general municipal purposes.
Section 2 (
a) of the Taxation Rate Cap for Class 2 Property Regulation, B.C. Reg. 329/96, is amended by striking out " $40 " and substituting " $44.615 ".
CLAUSE 2: [Taxation Rate Cap for Class 2 Property Regulation,
Schedule 4] amends
Schedule 4 to the Regulation.
Schedule 4 is repealed and the following substituted:
Schedule 4
Name of Jurisdiction
Rate cap
Ratio cap
Village of Chase
44.615
4.733
District of Chetwynd
44.615
2.5
The Corporation of the Village of Cumberland
44.615
7.2
The Corporation of the District of Fort St. James
44.615
3.44
The Corporation of the Village of Lake Cowichan
44.615
2.89
District of Mission
44.615
2.9
City of Nanaimo
46.32
2.5
The Corporation of the District of North Vancouver
44.615
3.82
The Corporation of the District of Pitt Meadows
44.615
3.29
The Corporation of the City of Port Coquitlam
44.615
3.06
The City of Port Moody
44.615
3.28
The Corporation of the Village of Pouce Coupe
47.2
2.5
The Corporation of the City of Revelstoke
44.615
2.77
Regional District Tax Regulation
CLAUSE 3: [Regional District Tax Regulation,
section 1] amends the tax rate for property class
Section 1 of the Regional District Tax Regulation, B.C. Reg. 439/2003, is amended by striking out the
Schedule and substituting the following:
Schedule
Class of Property
Ratio to Class 1 Rate
1.0:1
4.6:1
1.0:1
3.4:1
3.4:1
2.45:1
3.0:1
1.0:1
1.0:1
Commencement
4 This Act comes into force on the date of Royal Assent.
Explanatory Notes
CLAUSE 1: [Taxation Rate Cap for Class 2 Property Regulation,
section 2] makes an amendment to the general rule in setting the tax or levy rate for class 2 property for general municipal purposes.
CLAUSE 2: [Taxation Rate Cap for Class 2 Property Regulation,
Schedule 4] amends
Schedule 4 to the Regulation.
CLAUSE 3: [Regional District Tax Regulation,
section 1] amends the tax rate for property class 1.
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