Bill 140 explained in plain English
Promoting Educational Success Tax Credit Act, 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
This bill establishes a 25 per cent non-refundable tax credit for employers in Ontario who pay for qualifying employees to take high school credit courses by correspondence or register for GED tests.
Bill 140, the Promoting Educational Success Tax Credit Act, 2013, amends the Taxation Act, 2007, to create a new, non-refundable tax credit for employers. This credit is for 25 per cent of the fees paid by the employer for an employee's enrollment in specific educational programs. These programs include high school credit courses taken through correspondence with the Ontario Educational Communications Authority or registration for GED tests through the same authority. An employee must meet criteria set by the Minister of Finance to be considered a qualifying employee. The Act also addresses how this credit applies to partnerships and requires agreement from the federal Minister for administration by the Canada Revenue Agency.
- Creates a new non-refundable tax credit for employers in Ontario.
- This tax credit is for 25 per cent of eligible fees paid by an employer for an employee's enrollment in specific educational programs.
- Eligible programs include high school credit courses via correspondence through the Ontario Educational Communications Authority and GED test registration through the same authority.
- Defines 'eligible fee' and 'qualifying employee' for the purpose of the tax credit.
- Specifies how the tax credit applies to partners in a partnership.
- Requires the federal Minister to agree to amendments to a collection agreement for the Canada Revenue Agency to administer the credit.
- Amends the Taxation Act, 2007, to include these provisions.
- Employers in Ontario who pay for employee education.
- Employees in Ontario who enroll in qualifying educational programs paid for by their employer.
- Partnerships in Ontario where one or more partners are employers paying for employee education.
- The Minister of Finance (Ontario) who can prescribe criteria for qualifying employees.
- The federal Minister and the Canada Revenue Agency, for the administration of the tax credit.
- Employers have the right to claim a tax credit equal to 25 per cent of eligible fees paid for employee education.
- Employees must meet criteria prescribed by the Minister of Finance to be considered 'qualifying employees'.
- Taxpayers (including partnerships) may deduct eligible fees from their tax payable, up to a certain limit.
- The federal Minister must agree to amendments for the Canada Revenue Agency to administer the credit.
- The Act comes into force on the day it receives Royal Assent.
- The tax credit applies to taxation years ending after the section creating the credit comes into force.
- A new, non-refundable tax credit is introduced, reducing the tax payable by eligible employers.
- The credit is calculated as 25 per cent of eligible fees paid by the employer.
- The bill text does not specify enforcement mechanisms or penalties for this tax credit.
- The specific criteria that an individual must meet to be considered a 'qualifying employee' are to be prescribed by the Minister of Finance and are not detailed in the bill text.
- The bill requires agreement from the federal Minister for the Canada Revenue Agency to administer the credit; without this agreement, taxpayers cannot claim the credit.
- The bill text does not define the limits of the tax credit beyond being the lesser of tax payable or 25% of eligible fees.
Adds a new Part (Part IV.0.1) to establish the Promoting Educational Success Tax Credit, outlining its calculation, eligibility, and application.
Source: Section 1
Is referenced in defining eligible educational programs for the tax credit, specifically section 16 regarding distance education programs.
Source: Section 103.1.2 (2) (a)
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 textProcess Snapshot
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