ENVI Committee Report
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Ninth Report
Standing Committee on Environment and Sustainable Development (ENVI)42nd Parliament, 1st Session
Study
Bill C-323, An Act to amend the Income Tax Act (rehabilitation of historic property)Bill C-323, An Act to amend the Income Tax Act (rehabilitation of historic property)
In accordance with its Order of Reference of Thursday, March 23, 2017, your Committee has considered Bill C-323, An Act to amend the Income Tax Act (rehabilitation of historic property), and agreed on Tuesday, November 28, 2017, to report to the following: |
The Committee is supportive of the principle of Bill C-323 and believes that financial incentives, including tax credits, which encourage investment in the rehabilitation of historic properties and heritage places is necessary; however, the Committee notes the following concerns with the Bill: |
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Therefore, pursuant to Standing Order 97.1, the Committee recommends that the House of Commons not proceed further with Bill C-323, An Act to amend the Income Tax Act (rehabilitation of historic property). |
A copy of the relevant Minutes of Proceedings (Meetings Nos. 77, 79 and 87) is tabled. |