Bill 68 explained in plain English
Fighting Hunger with Local Food 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 creates a tax credit for Ontario farmers who donate agricultural products to Ontario food banks.
Bill 68, the Fighting Hunger with Local Food Act, 2013, amends the Taxation Act, 2007 to create a non-refundable tax credit for eligible farmers in Ontario who donate agricultural products they have produced to eligible food banks in Ontario. The tax credit will be 25 per cent of the wholesale value of the donated products. Unused credits can be carried forward for up to five years. If this credit is claimed, a charitable donation tax credit cannot be claimed for the same donated products. The Act also sets rules for how the credit is calculated, including for partnerships, and allows the Minister of Finance to make regulations. The credit can only be administered by the Canada Revenue Agency if the federal minister agrees to necessary amendments to the collection agreement.
- Amends the Taxation Act, 2007 to introduce a new tax credit for eligible farmers.
- Establishes a 'food bank donation tax credit' for farmers who donate agricultural products they have produced to eligible food banks.
- Specifies that the tax credit is non-refundable and equals 25 per cent of the wholesale value of the donated agricultural products.
- Allows eligible farmers to carry forward unused tax credits for up to five subsequent taxation years.
- Prevents claiming a charitable donation tax credit for the same agricultural products for which a food bank donation tax credit is claimed.
- Outlines rules for calculating the food bank donation amount, including provisions for partnerships.
- Empowers the Minister of Finance to make regulations related to eligible agricultural products, their wholesale value, and conditions for eligible food banks.
- States that the tax credit administration by the Canada Revenue Agency is conditional on an agreement with the federal minister.
- Eligible farmers in Ontario.
- Eligible food banks in Ontario.
- Individuals and corporations carrying on the business of farming in Ontario.
- Partners in partnerships involved in farming.
- The Minister of Finance (Ontario).
- The Canada Revenue Agency.
- Eligible farmers have the right to claim a food bank donation tax credit.
- Eligible farmers may deduct the credit from their tax payable.
- Unused tax credits can be carried forward for up to five years.
- Individuals claiming the food bank donation tax credit have specific limitations on claiming charitable donation tax credits for the same donation.
- The Act comes into force 90 days after receiving Royal Assent.
- The tax credit applies to taxation years ending after the section comes into force.
- The food bank donation amount calculation considers donations made in the current year and the previous five taxation years, and deductions from the previous five taxation years.
- Creation of a non-refundable tax credit for eligible farmers.
- The tax credit is 25 per cent of the wholesale value of donated agricultural products.
- Limits are placed on the amount of tax credit that can be claimed.
- Specific calculations are outlined for determining the food bank donation amount.
- Potential impact on Ontario government tax revenues due to the new credit.
- The bill does not explicitly state penalties for non-compliance, but the administration of the tax credit is conditional on federal agreement.
- The definition of 'agricultural product' is subject to regulations prescribed by the Minister of Finance.
- Conditions for a person or entity to be an 'eligible food bank' are subject to regulations prescribed by the Minister of Finance.
- Rules for determining the wholesale value of agricultural products are subject to regulations prescribed by the Minister of Finance.
- The application of the tax credit is dependent on the federal Minister agreeing to amendments to the collection agreement to authorize the Canada Revenue Agency's administration of the credit.
Adds a new Part (Part IV.0.1) to create the 'food bank donation tax credit for farmers' and amends Section 9 regarding charitable donation tax credits.
Source: Section 1 and Section 2
Adds subsection (21.1) which specifies rules regarding the amount of charitable donation tax credits if a food bank donation tax credit is claimed.
Source: Section 1
This new Part establishes the 'Food bank donation tax credit for farmers', defining eligible farmers, donations, and food banks, and detailing the credit calculation.
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.
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