Bill 10 explained in plain English
Taxation Amendment Act (Public Transit Expense Tax Credit), 2013
Ontario legislature bill summary, status, timeline, sponsor, votes, and official sources.
At a glance
Official Legislative Assembly of Ontario snapshot for 40th 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
The Taxation Amendment Act (Public Transit Expense Tax Credit), 2013, provides Ontario taxpayers with a non-refundable tax credit for public transit expenses, mirroring a federal credit, and sets rules for claiming it.
This Ontario bill, the Taxation Amendment Act (Public Transit Expense Tax Credit), 2013, introduces a non-refundable tax credit for individuals and payers of public transit expenses. It allows taxpayers to claim a credit based on expenses incurred for public transit after December 31, 2012. The credit is linked to the federal public transit tax credit. The bill also outlines requirements for receipts and specifies when an employer paying these expenses on behalf of an employee cannot claim the credit.
- Amends the Taxation Act, 2007 to create a provincial non-refundable tax credit for public transit expenses.
- Entitles individuals to a tax credit for public transit expenses incurred after December 31, 2012, if they are eligible for a similar federal deduction.
- Allows a taxpayer who pays public transit expenses on behalf of an individual to claim the tax credit, provided the individual would have been eligible.
- States that an employer paying public transit expenses as part of an employee's remuneration is not entitled to the tax credit.
- Requires specific receipts to be filed when claiming the tax credit for public transit expenses paid by someone other than the individual.
- Mandates that providers of public transit services issue receipts upon request, at no cost, to the person paying the expenses.
- Specifies the information that must be included on the receipts for public transit expenses.
- Individuals who use public transit in Ontario.
- Taxpayers who pay public transit expenses on behalf of others.
- Employers who pay public transit expenses for their employees as part of remuneration.
- Providers of public transit services in Ontario.
- Individuals have the right to a tax credit for public transit expenses if they meet the criteria related to the federal deduction and expenses paid after December 31, 2012.
- Taxpayers who pay for another individual's public transit expenses have the right to claim the credit, subject to conditions and receipt requirements.
- Providers of public transit services have an obligation to issue specific receipts upon request to the payer of the expenses.
- The tax credit applies to expenses incurred after December 31, 2012.
- The Act comes into force on the day it receives Royal Assent.
- Individuals and payers of public transit expenses may benefit from a non-refundable tax credit.
- This credit is non-refundable, meaning it can reduce tax payable but will not result in a refund if the credit exceeds the tax owed.
- A person claiming the tax credit for expenses paid by someone else must file receipts that comply with the specified format.
- The bill does not explicitly state penalties for non-compliance but implies that claims without proper receipts will not be allowed.
- The exact amount of the tax credit depends on the individual's eligibility for and the calculation under the relevant federal Income Tax Act section.
- Expenses paid as part of an employee's remuneration by an employer are excluded from the payer's tax credit eligibility.
- The specific details of the 'lowest tax rate' referred to in subsection 9(23) are not elaborated within this bill text.
This Act is amended to introduce a non-refundable tax credit for public transit expenses and to add provisions regarding who is entitled to this credit and the requirements for claiming it.
Source: Section 1, Section 2, Section 9 (23), Section 89.1
A new section (89.1) is added to Part IV of the Act concerning the public transit expense tax credit for payers and the conditions for claiming it.
Source: Section 2
A new subsection (23) is added to Section 9, establishing the public transit expense tax credit for individuals who incur and pay for public transit after December 31, 2012, and are eligible for a federal deduction.
Source: Section 1
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
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