25ProvincialBudget
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Finance Act (amended)

Chamber

nova_scotia

Stage

Introduced

This Nova Scotia NDP bill proposes amendments to the province's Finance Act from 2010.

Key Changes

  • Proposes amendments to Nova Scotia's Finance Act (Chapter 2 of the Acts of 2010)
  • Introduced as a Private Member's Bill by NDP MLA Lisa Lachance
  • Referred to the Public Bills Committee after Second Reading debate

Gotchas

  • The actual amendment text was not included in the provided document, making it impossible to summarize the specific changes being proposed.
  • As a Private Member's Bill introduced by an opposition NDP MLA, this bill has a low likelihood of passing into law without government support.
  • The Finance Act governs significant matters like government borrowing, investments, and financial management, so amendments could have broad fiscal implications depending on their content.

Who's Affected

  • Nova Scotia provincial government and its financial operations
  • Nova Scotia taxpayers (depending on the nature of the amendments)
  • Provincial finance and treasury officials

Summary

Bill 25 is a Private Member's Bill introduced by NDP MLA Lisa Lachance in the Nova Scotia Legislature on February 20, 2025. It proposes changes to the Finance Act, which is the law that governs how the provincial government manages its finances, borrowing, and investments. Unfortunately, the full text of the specific amendments is not included in the provided document — only the bill's title, introduction date, and legislative progress are shown. Without the actual amendment text, it is not possible to describe exactly what changes are being proposed to the Finance Act. What is known is that this is a Private Member's Bill, meaning it was introduced by an opposition MLA rather than the governing party. Private Member's Bills in Nova Scotia rarely become law unless the government supports them. The bill passed First Reading and had Second Reading debate on February 26, 2025, and was referred to the Public Bills Committee.

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