Loading...
98-34 COUNTY OF ELGIN By-Law No. 98·34 "A BY-LAW TO PROVIDE A PROPERTY TAX REBATE PROGRAM FOR ELIGIBLE CHARITIES' WHEREAS Section 442.1 of the Municipal Act, being Chapter MA5, R.S.O. 1990 as amended by Bill 106, the Fair Municipal Finance Act, 1997, and Bill 149, the Fair Municipal Finance Act (No.2), 1997, and Bill 16, the Small Business and Charities Protection Act, 1998, provides that every municipality that is not a lower-tier municipality shall have a tax rebate program for eligible charities for relief from taxes on eligible property they occupy. Elgin the Municipal Council of the Corporation of the County of NOW THEREFORE enacts as follows: this by-law: "Eligible Charity" means a registered charity as defined in Section 248(1) of the Income Tax Act (Canada) that has a registration number issued by the Department of National Revenue; n a) 1 "Eligible Property" means a property that is in one of the commercial or industrial classes, within the meaning of Section 363(20) of the Municipal Act, as amended; b) ity In which an eligible municipa the lower-tier Local Municipality" means property is situated. c) 2 Eligible charities occupying property which is eligible property, the taxes on which are paid by the charity, qualify for a property tax rebate under this by-law. the greater of the fOllowing rebate shall be of the The amount 3. of the taxes payable by the eligible charity; red to pay under Forty (40) percent The total of the amounts which the eligible charity is requ section 444(1 and 2) of the Municipal Act. as amended a) b) the local municipality. 5. To qualify for a rebate for 1998 taxes, charities must provide documentation which substantiates their eligibility on or before November 15, 1998 to the local municipal office be calculated and payments Issued by Tax rebates wi 4 of the 6. To qualify for a rebate for taxes in years subsequent to 1998, charities must provide documentation which substantiates their eligibility on or before December 1 preceding year, to the local municipal office. 7 Notwithstanding clauses 5 and 6 above, charities which are established, or which became eligible, or which move to occupy eligible property during a tax year, must apply during that tax year to be eligible for a rebate on property taxes for the year. For subsequent years, application will be required pursuant to clause 6. be the first installment of rebates for 1999 taxes sha 1998 for eligible charities that have satisfied the 8. Rebates for 1998 taxes and issued on or before November 15, requirements of this by-law. 2 the amount of the rebate for the taxation (50) percent of the total estimated rebate 1998 The local municipality shall estimate year and shall make payment of fifty on or before January 15; n years subsequent to a) 9 rebate on or The local municipality shall issue payment for the balance of the before June 30 of the taxation year; b) Where the actual taxes payable cannot be determined prior to June 30 of the taxation year, the balance of the estimated rebate shall be paid by that date. If, when taxes payable are determined, there is an amount owing or to be refunded, the local municipality will issue an invoice or payment as necessary on or before December 1 of the taxation year. c) iOn order to receive a rebate for a taxation year, a charity must repay any other municipality the amount by which the rebates the charity received from that other municipality exceed the rebates to which the charity is entitled for the year. Elgin the County of ities situate within munlcipa to a That this by-law applies 11 / October, 1998 October, 1998 èrry Clutterbuck, Warden this 27th day of time this 27th day of time and finally passed ark G. McDonald, County Administrator/Clerk. and second READ a third READ a first