1992 Legislative Session: 1st Session, 35th Parliament

The following electronic version is for informational purposes only.
The printed version remains the official version.

No. 56

VOTES AND PROCEEDINGS

OF THE

Legislative Assembly of British Columbia

Wednesday, May 20, 1992

Two o'clock p.m.

Prayers by Mr. Serwa.

The Hon. G. Clark (Minister of Finance and Corporate Relations) presented to the Speaker a Message from His Honour the Lieutenant Governor, which read as follows:

David C. Lam
Lieutenant Governor

The Lieutenant Governor transmits herewith Bill (No. 41) intituled Miscellaneous Registrations Act, 1992 and recommends the same to the Legislative Assembly.

Government House,
May 19, 1992.

Bill introduced and read a first time.

Second reading at the next sitting after today.

Order called for "Oral Questions by Members."

The Hon. C. Gabelmann (Attorney General) made a ministerial statement relating to the establishment of an independent commission of inquiry into policing and the governance of municipal police.

Mr. Warnke made a statement.

Mr. Serwa made a statement.

By leave, Mr. Weisgerber tabled documents referred to during Oral Question Period.

The House proceeded to "Orders of the Day."

The House resumed the adjourned debate on the motion for second reading of Bill (No. 6) intituled Corporation Capital Tax Act.

The debate continued. Mr. Mitchell moved the following amendment --

By deleting all of the words after "that" and substituting therefore:

"Bill 6 not be read a second time now because:

This tax will add to the problem of companies in financial difficulties.

It will be a disincentive to invest in British Columbia;

It is a tax that will be passed on to British Columbian consumers wherever possible;

It is a poorly drafted tax act that is inequitable because of lack of consideration of the problems of valuation of corporate assets; and

This tax will not be recognized as a deduction for determining federal tax which effectively almost doubles its cost."

The debate on the amendment continued.

On the motion of Mr. Mitchell that the debate on the amendment be adjourned to the next sitting, the House divided.

Motion agreed to nemine contradicente on the following division:

Section A of Committee of Supply having reported the last vote of the Estimates of the Ministry of Economic Development, Small Business and Trade, debate on those Estimates was summarized, pursuant to Sessional Order of March 26, 1992.

And then the House adjourned at 5.49 p.m.

JOAN SAWICKI, Speaker

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