(as introduced)

3rd Session, 61st General Assembly
Nova Scotia
60 Elizabeth II, 2011

Private Member's Bill

Balanced Budget Act

Allan MacMaster

First Reading: April 1, 2011

Second Reading:

Third Reading:

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An Act to Require Balanced Budgets,
Limit Government Spending
and Reduce the Harmonized Sales Tax
to Thirteen Per Cent

Be it enacted by the Governor and Assembly as follows:

1 This Act may be cited as the Balanced Budget Act.

2 Chapter 2 of the Acts of 2010, the Finance Act, is amended by adding immediately after Section 29 the following Section:

3 Chapter 2 is further amended by adding immediately after Section 54 the following Section:

4 The Minister shall request the Government of Canada to take the necessary action to reduce from 10% to 8% the tax payable in the Province under subsections 165(1) and (2) of Excise Tax Act (Canada).

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