Bill C-24
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RECOMMENDATION |
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Her Excellency the Governor General recommends to the House of
Commons the appropriation of public revenue under the circumstances,
in the manner and for the purposes set out in a measure entitled ``An Act
to amend the Canada Elections Act and the Income Tax Act (political
financing)''.
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SUMMARY |
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This enactment amends the Canada Elections Act to extend
disclosure requirements to electoral district associations and to
leadership contestants and nomination contestants of registered parties.
It introduces limits on contributions that may be made to parties,
candidates, electoral district associations and leadership and
nomination contestants.
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It imposes on registered electoral district associations, leadership
contestants and nomination contestants the obligation to report to the
Chief Electoral Officer on contributions received and expenses
incurred.
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The enactment stipulates that contributions to registered parties,
candidates, registered electoral district associations, leadership
contestants and nomination contestants may be made only by
individuals and are subject to limits. A limited exception allows
contributions of up to $1,000 to be made by corporations and trade
unions, or by associations from money given by individuals, to
registered associations, nomination contestants and candidates.
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The enactment provides for payment of a quarterly allowance to
registered political parties, based on the percentage of votes obtained by
the party in the previous general election. It increases the election
expenses limit for parties and the percentage of election expenses that
are reimbursed and broadens the definition of election expenses to
include expenditures on polling.
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The enactment amends the Income Tax Act to increase by $200 each
of the brackets for which a tax credit for political contributions is
eligible and to allow electoral district associations to issue tax receipts.
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