2020 Bill 4 Second Session, 30th Legislature, 69 Elizabeth II THE LEGISLATIVE ASSEM BLY OF ALBERTA BILL 4 FISCAL PLA NNING AND TRANSPARENCY (FIXED BUDGET PERIOD) AMENDMENT ACT, 2020 THE PRESIDENT OF TREASURY BOARD AND MINISTER OF FINANCE First R eading . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Second Reading . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Committee of the Whole . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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

1 Bill 4 BILL 4 2020 FISCAL PLANNING AND TRANSPARENCY (FIXED BUDGET PERIOD) AMENDMENT ACT, 2020 ( A s s e n t e d t o , 2 0 2 0 ) HER MAJESTY, by and with the advice and consent of the Legislative Assembly of Alberta, enacts as follows: Amends SA 2015 cF-14.7 1 The Fiscal Planning and Transparency Act is amended by this Act. 2 The following is added after

section 4: When main estimates tabled 4.1(1) Subject to subsection (2), the responsible Minister shall table the main estimates for a fiscal year in the Legislative Assembly during the month of February of the immediately preceding fiscal year. (2) Subsection (1) does not apply in relation to a fiscal year if, for the purpose of holding a general election, the Legislative Assembly is dissolved after August 31 and before March 1 of the immediately preceding fiscal year. 3

Section 6 is amended (

a) in subsection (4)(

a) by striking out “February 28” and substituting “the last day of February”; (

b) in subsection (5) by striking out “February 28” and substituting “the last day of February”;

1 Explanatory Notes Explanatory Notes 1 Amends

chapter F-14.7 of the Statutes of Alberta, 2015. 2 When main estimates tabled. 3

Section 6 presently reads in part:

(4) The 3rd report (

a) must be made public on or before February 28, and (5) Subsection (4) is deemed to be complied with if the following year’s consolidated fiscal plan, containing the updated fiscal

2 (

c) in subsection (6) by striking out “consolidated fiscal plan is made public” and substituting “consolidated fiscal plan, including any update to the consolidated fiscal plan, is made public”.

2 Explanatory Notes outlook for the current fiscal year, is made public on or before February 28 in the current fiscal year.

(6) A reporting requirement in respect of the consolidated fiscal plan under subsections (1) to (4) applies only if the consolidated fiscal plan is made public at least 60 days before the respective report deadline.

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 Title: 2020 (30th, 2nd) Bill 4, Fiscal Planning and Transparency (Fixed Budget Period) Amendment Act, 2020