Bill 42 explained in plain English
Taxation Amendment Act (Public Transit Expense Tax Credit), 2010
Ontario legislature bill summary, status, timeline, sponsor, votes, and official sources.
At a glance
Official Legislative Assembly of Ontario snapshot for 39th Parliament, 2nd Session. Representative vote breakdowns appear when the Assembly publishes an Ayes and Nays page for the bill.
Our plain-language take, written for civic education.
Source: By PoliticalData.ca
Bill 42, the Taxation Amendment Act (Public Transit Expense Tax Credit), 2010, allows Ontario taxpayers to claim a non-refundable tax credit for public transit expenses, similar to a federal credit.
This bill, the Taxation Amendment Act (Public Transit Expense Tax Credit), 2010, proposes to amend the Taxation Act, 2007. It aims to allow individuals to claim a non-refundable tax credit for public transit expenses incurred after December 31, 2009. This credit is intended to be a portion of the federal tax credit for public transit expenses. The bill also specifies conditions under which an employer who pays these expenses as part of an employee's remuneration would not be entitled to the credit, and outlines the requirements for receipts related to these expenses.
- Amends the Taxation Act, 2007 to introduce a non-refundable income tax credit for public transit expenses.
- Specifies that the tax credit is for expenses incurred and paid after December 31, 2009.
- Establishes that the Ontario tax credit is based on the federal tax credit for public transit expenses.
- Provides that if another person pays the transit expenses on behalf of an individual, that person may be entitled to the tax credit.
- Creates an exception where an employer who pays these expenses as part of an individual's remuneration is not entitled to the tax credit.
- Outlines the requirements for receipts needed to claim the tax credit, including details about the payer, the individual, the service provider, the amount paid, and the duration of the pass.
- Requires transportation service providers to issue receipts for public transit expenses upon request, at no cost.
- Ontario taxpayers who use public transit.
- Individuals who pay public transit expenses for others.
- Employers who pay public transit expenses as part of employee remuneration.
- Providers of public transit services.
- Right for individuals to claim a non-refundable tax credit for eligible public transit expenses.
- Right for payers (other than employers paying remuneration) to claim a tax credit for public transit expenses paid on behalf of an individual.
- Obligation for employers paying public transit expenses as remuneration to not claim the tax credit.
- Obligation for transportation service providers to issue specific receipts for public transit expenses upon request, at no cost.
- The tax credit applies to expenses incurred after December 31, 2009.
- The Act comes into force on the day it receives Royal Assent.
- Individuals may receive a non-refundable income tax credit for public transit expenses.
- Certain payers may receive a tax credit for public transit expenses paid on behalf of others.
- Claims for the tax credit require specific receipts that comply with the Act.
- The bill does not explicitly detail penalties for non-compliance with receipt requirements or false claims.
- The bill refers to "the Federal Act" and "section 118.02 of the Federal Act" without specifying which federal legislation this is, although the explanatory note mentions the Income Tax Act (Canada).
- The exact amount of the tax credit is not specified in the bill itself but is stated to be a share of the federal credit, determined by the lowest tax rate.
- The bill does not explicitly state the maximum amount that can be claimed for expenses or the maximum tax credit amount.
- The bill does not specify any registration or approval process for public transit service providers whose expenses would be eligible for the credit.
- The specific requirements for the "Ontario Minister" to receive receipts are not detailed.
- The bill does not mention if the tax credit is refundable or non-refundable, though the explanatory note states it is non-refundable.
This bill amends the Taxation Act, 2007 to add provisions for a public transit expense tax credit.
Source: Section 1, Section 2
Adds a subsection (23) that allows individuals to claim a tax credit for public transit expenses incurred after December 31, 2009, based on the federal tax credit calculation.
Source: Section 1
Inserts a new section that allows a taxpayer who pays public transit expenses on behalf of an individual to claim a tax credit, with certain exceptions for employers.
Source: Section 2
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.
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Vote Summary
This bill is still active. We only show vote counts after the legislature publishes a recorded division.
No published representative vote breakdown
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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.
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