1996 Legislative Session: 1st Session, 36th Parliament
The following electronic version is for informational purposes only.
The printed version remains the official version.
HONOURABLE ANDREW PETTER
MINISTER OF FINANCE AND
|2||Hydro rate freeze|
|3||Auto insurance premium freeze|
|5||Tax rate freeze|
|6||No new taxes during freeze period|
|7||Provincial property tax freeze|
|9||This Act prevails over all others|
WHEREAS the Province of British Columbia is committed to protecting affordable, accessible services and to providing certainty for British Columbia consumers and taxpayers;
THEREFORE HER MAJESTY, by and with the advice and consent of the Legislative Assembly of the Province of British Columbia, enacts as follows:
1 In this Act:
"basic premium" means a "basic premium" as defined in the Insurance (Motor Vehicle) Act;
"freeze period" means
(a) for taxes, premiums and other levies referred to in section 5, 6 or 7, the period beginning on April 1, 1996 and ending on March 31, 2000,
(b) for the consumer rate charged by the British Columbia Hydro and Power Authority, the period beginning on April 1, 1996 and ending on March 31, 1999,
(c) for basic premiums fixed under the Insurance (Motor Vehicle) Act, the period beginning on January 1, 1996 and ending on December 31, 1997, and
(d) for tuition fees charged by post secondary institutions, the period beginning on April 1, 1996 and ending on March 31, 1998;
"new taxes" means taxes payable to the government on income or on the acquisition, use or consumption of property, rights or services, that were not imposed or authorized to be imposed immediately before the tax freeze;
"post secondary institution" means a university, college or other institution established under the University Act, University of Northern British Columbia Act, Royal Roads University Act, College and Institute Act, Institute of Technology Act or Open Learning Agency Act;
"residential electricity rate" means a "rate", as defined in the Utilities Commission Act, for residential consumers of electricity that is fixed under that Act by the British Columbia Utilities Commission, but does not include a connection charge;
"tuition fee" means a fee charged by a post secondary institution for a graduate, undergraduate, career, technical, vocational or developmental program, but does not include a fee charged to an international student, or for a contract service or a continuing education program.
2 During the freeze period, a residential electricity rate charged by the British Columbia Hydro and Power Authority must not exceed the residential electricity rate that was charged immediately before the freeze period.
3 During the freeze period, a basic premium fixed under the Insurance (Motor Vehicle) Act must not exceed the basic premium fixed under that Act immediately before the freeze period.
4 The tuition fees charged by a post secondary institution for programs that are provided during the freeze period must not exceed the tuition fees charged by the institution immediately before the freeze period.
5 During the period beginning on April 1, 1996 and ending on March 31, 2000, there must be no increase in the rates of the taxes, premiums and other levies referred to in the Schedule.
6 During the period beginning on April 1, 1996 and ending on March 31, 2000, an individual does not become obliged to pay any new taxes.
7 The average residential gross taxes payable during the freeze period to the government under the School Act and the Taxation (Rural Area) Act must not exceed the average residential gross taxes payable in the taxation year immediately before the freeze period.
8 (1) The Lieutenant Governor in Council may make regulations referred to in section 41 of the Interpretation Act.
(2) Without limiting subsection (1), the Lieutenant Governor in Council may make regulations
(a) for the purpose of applying this Act to the particular circumstances of the individuals, corporations and post secondary institutions affected by this Act,
(b) defining a word or expression used but not defined in this Act, and
(c) amending the Schedule to add to the tax rates and other rates referred to in the Schedule.
(3) Regulations under this section may be made effective retroactively to a date on or after the date on which this Act comes into force.
9 In the event of a conflict between this Act and any other enactment, this Act prevails.
10 This Act expires on December 31, 2000.
11 This Act is deemed to have come into force on January 1, 1996 and is retroactive to the extent necessary to give it effect on and after that date.
1. Fuel taxes under the Motor Fuel Tax Act, other than taxes under section 11 of that Act
2. Hotel room tax levied for Provincial purposes under the Hotel Room Tax Act
3. Personal income taxes under the Income Tax Act
4. Small business corporate income taxes under section 7 (1) (a) and (2) (a) of the Income Tax Act
5. Medical Services Plan premiums under the Medicare Protection Act
6. Per diem levies on car rentals under the Social Service Tax Act
7. Property transfer taxes under the Property Transfer Tax Act
8. Sales taxes under the Social Service Tax Act
The purpose of this Bill is to impose a freeze on hydro rates, auto insurance premiums, tuition fees and taxes.
[ Return to: Legislative Assembly Home Page ]
Copyright © 1996: Queen's Printer, Victoria, British Columbia, Canada