Bill 207 — Fourth Session, 27Th Legislature, 60 Elizabeth Ii the Legislative Assembly of Alberta Bill 207 Seniors’ Property Tax Deferral Act (Legislature 27, Session 4)

L27 S4 9302

Alberta — Bills

2011 Bill 207 Fourth Session, 27th Legislature, 60 Elizabeth II THE LEGISLATIVE ASSEMBLY OF ALBERTA BILL 207 SENIORS’ PROPERTY TAX DEFERRAL ACT MR. VANDERBURG First Reading . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Second Reading . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Committee of the Whole . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. Third Reading . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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

1 Bill 207 Mr. VanderBurg BILL 207 2011 SENIORS’ PROPERTY TAX DEFERRAL ACT (Assented to , 2011)

WHEREAS the Legislative Assembly of Alberta acknowledges the many contributions of Alberta seniors;

WHEREAS a great number of seniors live on fixed incomes yet face increasing costs for the necessities of life; and

WHEREAS it is in the interest of all Albertans that municipal property taxes should not be an undue financial burden on Alberta seniors; THEREFORE HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Alberta, enacts as follows:

Definitions 1 (a) “Bill” means the Bill required to be introduced under

section 2; In this Act, (b) “Minister” means the Minister designated in the Bill as the Minister responsible for the property tax deferral program established by the Bill; (c) “municipality” means a municipality as defined in the Municipal Government Act; (d) “senior” means a person who is 65 years of age or older.

2 Bill required providing for property tax deferral 2 Not later than 1 year after the coming into force of this Act, a member of the Executive Council shall introduce a Bill to establish a property tax deferral program for Alberta seniors. Property tax deferral program 3 (

a) a senior who has been ordinarily resident in Alberta for not less than 1 year may apply to the Minister for a deferral of all or part of the current and future property taxes payable to a municipality on his or her principal residence;

(1) The Bill shall provide that (

b) the Minister shall enter into a deferral agreement with a senior who applies for a property tax deferral and meets the eligibility requirements specified in the Bill; (

c) a deferral agreement may be registered as a charge in favour of the Government against the land described in the agreement, with the effect of registration and priority specified in the Bill; (

d) a deferral agreement may not be made if the registered charges against the property are more than 75 per cent of the actual value of the property; (

e) a deferral agreement terminates on the earliest of: (

i) the death of the senior; (ii) the transfer of the property that is the subject of the agreement; (iii) a date requested in writing by the senior; (iv) a date set by the Minister if the Minister determines that the senior is no longer eligible to participate in the property tax deferral program; (

f) on the termination of a deferral agreement, the deferred taxes immediately become due and payable without further notice or demand together with interest at a rate prescribed by the Minister.

(2) The Bill may

3 (

a) provide that a deferral agreement does not terminate on the death of a senior if the property is transferred to a surviving spouse; (

b) specify additional eligibility requirements for participation in the property tax deferral program; (

c) authorize the Lieutenant Governor in Council or the Minister to make regulations concerning the requirements in the Bill; (

d) make any amendments to statutes necessary to meet the objectives and requirements of this Act; (

e) contain any provisions necessary for carrying out the intent of this Act or to meet cases that are not specified in this Act. Consultation 4 The Minister of Municipal Affairs shall consult with members of the public and municipalities prior to the introduction of the Bill. Coming into force 5 This Act comes into force on Proclamation.

Record of Debate STAGE DATE MEMBER FROM TO TOTAL CUMULATIVE TOTAL Title: 2011 (27th, 4th) Bill 207, Seniors’ Property Tax Deferral Act

Document details

Collection	Alberta — Bills
Citation	L27 S4 9302
Type	bill
Volume / chapter	L27 S4 9302
Language	en
Format	json
Source	PROVINCIAL
Identifier	e37d5e718224586d98203b1eddcfc4a418e8a66c

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