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FederalDid not become law (session ended)40th Parliament, 2nd Session

Bill S-213 explained in plain English

An Act to amend the Income Tax Act (carbon offset tax credit)

Federal Parliament bill summary, status, timeline, sponsor, votes, and official sources.

At a glance

Jurisdiction
Federal Parliament
Legislature / Parliament
Parliament of Canada
Session
40th Parliament, 2nd Session
Bill number
Bill S-213
Full title
An Act to amend the Income Tax Act (carbon offset tax credit)
Current status
Did not become law (session ended)
Latest event
At second reading in the Senate
Last updated
Nov 24, 2009

Official Parliament of Canada snapshot for 40th Parliament, 2nd Session. MP vote breakdowns appear when the House of Commons publishes a recorded division export for that bill. Senate and House stage details include official debate/sitting links when LEGISinfo publishes them.

Chamber
Parliament of Canada
Current Stage
At second reading in the Senate
Latest Activity
Nov 24, 2009
Plain-language explanation
In plain English (our explanation)

Our plain-language take, written for civic education.

Source: By PoliticalData.ca

AI-assisted, reviewed before publishing
Short Version

Bill S-213 amends the Income Tax Act to create a new tax credit for individuals who purchase carbon offsets, affecting how this credit interacts with other tax provisions.

What It Means

Bill S-213 proposes to amend the Income Tax Act to introduce a new non-refundable tax credit for individuals who purchase carbon offsets. This credit would be calculated based on eligible carbon offset purchase expenses. The bill also includes provisions for the approval and designation of offset projects and providers by the Minister, and for the revocation of such approvals or designations. Several sections of the Income Tax Act related to various tax credits and calculations would be amended to incorporate this new credit, particularly concerning its interaction with other deductions and its application to non-residents and individuals in bankruptcy. The proposed changes are intended to apply to the 2009 and subsequent taxation years.

What This Bill Does
  • Amends the Income Tax Act to introduce a new tax credit for individuals who purchase carbon offsets.
  • Establishes definitions for 'approved offset project', 'carbon offset provider', and 'eligible carbon offset purchase expense'.
  • Creates a formula to calculate the carbon offset tax credit based on eligible expenses.
  • Grants the Minister the power to approve offset projects and designate carbon offset providers.
  • Grants the Minister the power to revoke these approvals or designations.
  • Modifies existing sections of the Income Tax Act to integrate the new carbon offset tax credit and ensure its proper application alongside other tax credits and deductions.
  • Specifies that the new provisions related to the carbon offset tax credit apply to the 2009 and subsequent taxation years.
Who Is Affected
  • Individuals purchasing carbon offsets.
  • The Minister of National Revenue (or equivalent), responsible for approving offset projects and designating providers.
  • Individuals who are married or in a common-law partnership.
  • Individuals who are non-residents for part of the year.
  • Individuals who declare bankruptcy.
  • Taxpayers in general, due to amendments to various tax credit and deduction calculations.
Rights, Duties, Or Obligations
  • Individuals have the right to claim a non-refundable tax credit for eligible carbon offset purchase expenses.
  • The Minister has the power to approve offset projects and designate carbon offset providers.
  • The Minister has the power to revoke approvals and designations.
Important Dates
  • The new provisions related to the carbon offset tax credit apply to the 2009 and subsequent taxation years.
Financial Or Tax Impacts
  • Introduction of a new non-refundable tax credit for individuals purchasing carbon offsets.
  • The bill amends calculations for various tax credits and deductions, potentially impacting the final tax payable by individuals.
Enforcement Or Penalties
  • The bill does not explicitly detail new enforcement mechanisms or penalties, but amendments to the Income Tax Act may fall under existing penalty structures for tax non-compliance.
Uncertainties Or Limits
  • The specific criteria for approving offset projects and designating carbon offset providers are not detailed in the bill text; these are to be prescribed.
  • The bill does not specify the 'appropriate percentage' (A) or the maximum amount of eligible expenses (B) for the carbon offset tax credit calculation.
  • The bill does not specify the monetary value or percentage of the tax credit.
Laws Or Regulations Affected
Income Tax Act
amends

This bill introduces a new tax credit for carbon offset purchases and modifies existing sections to integrate this credit.

Source: Section 1(1) and various other sections

Generated using AI from official bill text. Not legal advice. It is written by PoliticalData.ca for civic education, automatically checked and spot-reviewed before publishing.

Official text

Parliamentary Process

Step 1
First reading
Jan 27, 2009
Completed

Bill S-213, concerning a carbon offset tax credit, completed its first reading in the Senate on January 27, 2009.

Introduction and first reading, Jan 27, 2009
End of stage activity, Jan 27, 2009
Chamber sittings
Introduction and first reading - Jan 27, 2009

The Senate introduced Bill S-213, an Act to amend the Income Tax Act regarding a carbon offset tax credit, during its first reading proceedings.

Step 2
Second reading
Nov 24, 2009
Not completed

Bill S-213, aiming to amend the Income Tax Act for a carbon offset tax credit, was undergoing debate at the second reading stage in the Senate as of November 24, 2009, with its progress marked as 'Not completed'.

Chamber sittings
Debate at second reading - Feb 10, 2009

During a Senate sitting on February 10, 2009, the debate on Bill S-213, concerning a carbon offset tax credit, was adjourned.

During a Senate sitting on February 10, 2009, Senator Grant Mitchell delivered the sponsor's speech for Bill S-213, an Act to amend the Income Tax Act (carbon offset tax credit), proposing a tax credit for individuals investing in green projects to reduce carbon emissions, before the debate was adjourned.

Debate at second reading - Apr 1, 2009

On April 1, 2009, the Senate convened for debate on various matters, including Bill S-213 concerning a carbon offset tax credit, legislative amendments, and questions of privilege, with many discussions adjourned.

Debate at second reading - Jun 2, 2009

On June 2, 2009, the Senate sat, continuing debate on Bill S-213 regarding a carbon offset tax credit, alongside other routine proceedings, senator statements, and committee reports.

Debate at second reading - Oct 6, 2009

On October 6, 2009, the Senate engaged in routine proceedings, question period, and debate on multiple bills, including continuing the second reading debate for Bill S-213, while a question of privilege was raised and a ruling was reserved.

Debate at second reading - Oct 7, 2009

This Senate sitting on October 7, 2009, focused on various matters including institutional tributes, government actions on the global recession, committee reports, and the second reading of Bill C-6, with Bill S-213 noted in a discussion about Senate procedural rules for reinstating bills.

Debate at second reading - Nov 24, 2009

The Senate held a sitting on November 24, 2009, primarily to pay tribute to Senator John Bryden, address various government and departmental matters during question period, and continue debates on several bills, including Bill S-213 concerning a carbon offset tax credit.

Step 3
Third reading
Not reached yet
Not reached

We don't have a plain-language summary for Third reading yet. The official source linked below is the full record.

Step 1
First reading
Not reached yet
Not reached

We don't have a plain-language summary for First reading yet. The official source linked below is the full record.

Step 2
Second reading
Not reached yet
Not reached

We don't have a plain-language summary for Second reading yet. The official source linked below is the full record.

Step 3
Consideration in committee
Not reached yet
Not reached

We don't have a plain-language summary for Consideration in committee yet. The official source linked below is the full record.

Step 4
Report stage
Not reached yet
Not reached

We don't have a plain-language summary for Report stage yet. The official source linked below is the full record.

Step 5
Third reading
Not reached yet
Not reached

We don't have a plain-language summary for Third reading yet. The official source linked below is the full record.

Debate and sitting links point to official parliamentary sources when LEGISinfo publishes them. Any plain-language discussion summaries should be generated from those official texts and reviewed before public display.

Vote Summary

No published recorded division

This bill is still active. We only show vote counts after the legislature publishes a recorded division.

Sponsor
Grant Mitchell
Senator | Details not listed in current Senate roster
Jurisdiction
Federal Parliament

No published representative vote breakdown

This bill is still moving through the process. When a recorded division is published, representative positions can be listed here.

Official sources

Status, sponsor, votes, and timeline on this page are drawn from these official legislative sources and public records. Each summary above is attributed to its own source.

How this data is sourced