Chamber
nova_scotia
Stage
Introduced
This Nova Scotia bill proposes to amend the provincial Income Tax Act to change the basic personal amount.
Key Changes
- Amends the Nova Scotia Income Tax Act respecting the basic personal amount
- Would potentially increase the threshold of income exempt from provincial income tax
- Modifies Chapter 217 of the Revised Statutes, 1989
Gotchas
- The full text of the bill's specific amendments is not available in the provided document, so the exact new basic personal amount cannot be confirmed.
- As a private member's bill introduced by an Independent MLA, it is statistically less likely to pass without government support.
- Changes to the basic personal amount would reduce provincial tax revenue, though the fiscal impact is not specified in the available text.
- The bill is only at First Reading stage as of September 26, 2025, meaning it has not yet been debated or studied in committee.
Who's Affected
- Nova Scotia residents who file provincial income taxes
- Lower and middle-income earners who would benefit most from a higher basic personal amount
- Nova Scotia provincial government revenue
Vibes
0 responses
Gotchas
- The full text of the bill's specific amendments is not available in the provided document, so the exact new basic personal amount cannot be confirmed.
- As a private member's bill introduced by an Independent MLA, it is statistically less likely to pass without government support.
- Changes to the basic personal amount would reduce provincial tax revenue, though the fiscal impact is not specified in the available text.
- The bill is only at First Reading stage as of September 26, 2025, meaning it has not yet been debated or studied in committee.
Summary
Bill 152 is a private member's bill introduced by Independent MLA Elizabeth Smith-McCrossin (Cumberland North) in the Nova Scotia Legislature. It proposes to amend Chapter 217 of the Revised Statutes, 1989 — the provincial Income Tax Act — specifically regarding the basic personal amount, which is the portion of income that Nova Scotians can earn before paying provincial income tax. The basic personal amount is a tax credit that reduces how much income tax a person owes. By amending this amount, the bill could allow Nova Scotians to keep more of their earnings before provincial income tax applies. The bill was introduced on September 26, 2025, and is currently at the First Reading stage. Because it is a private member's bill introduced by an Independent MLA, it faces a more challenging path to becoming law without government support.
Automatically generated from bill text using Claude
Vibes
0 responses