An Act to amend the Income Tax Act (temporary enhancement to the Goods and Services Tax/Harmonized Sales Tax credit)

The Library of Parliament does not prepare Legislative Summaries for self-explanatory measures. The following is a short summary: On 20 September 2022, the Deputy Prime Minister and Minister of Finance introduced Bill C-30, An Act to amend the Income Tax Act (temporary enhancement to the Goods and Services Tax/Harmonized Sales Tax credit) (Cost of Living Relief Act, No. 1 (Targeted Tax Relief)), and it was given first reading. Bill C-30 amends the Income Tax Act in order to double the Goods and Services Tax/Harmonized Sales Tax (GST/HST) credit for six months, effectively increasing the maximum annual GST/HST credit amounts by 50% for the 2022-2023 benefit year.

Legislative historyi

1. First readingSeptember 20, 2022

   First reading in the House of Commons.

2. Second readingSeptember 28, 2022

   Second reading in the House of Commons.

3. Third readingOctober 6, 2022

   Third reading in the House of Commons.

4. First readingOctober 6, 2022

   First reading in the Senate.

5. Second readingOctober 17, 2022

   Second reading in the Senate.

6. Third readingOctober 18, 2022

   Third reading in the Senate.

7. Royal assentOctober 18, 2022

   Royal assent received.