C-233
First Session, Thirty-ninth Parliament,
55 Elizabeth II, 2006
HOUSE OF COMMONS OF CANADA
BILL C-233
An Act to amend the Income Tax Act (public transportation costs)
first reading, April 27, 2006
NOTE
2nd Session, 39th Parliament
This bill was introduced during the First Session of the 39th Parliament. Pursuant to the Standing Orders of the House of Commons, it is deemed to have been considered and approved at all stages completed at the time of prorogation of the First Session. The number of the bill remains unchanged.
Ms. St-Hilaire
391172
SUMMARY
This enactment amends the Income Tax Act to allow an individual to deduct certain public transportation costs from the amount of tax payable.
Also available on the Parliament of Canada Web Site at the following address:http://www.parl.gc.ca
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1st Session, 39th Parliament,
55 Elizabeth II, 2006
house of commons of canada
BILL C-233
An Act to amend the Income Tax Act (public transportation costs)
R.S., c. 1
(5th Supp.)
Her Majesty, by and with the advice and consent of the Senate and House of Commons of Canada, enacts as follows:
1. The Income Tax Act is amended by adding the following after section 118.95:
Credit for public transportation costs
118.96 (1) For the purpose of computing an individual’s tax payable under this Part for a taxation year, there may be deducted the amount determined by the formula
A x B
where
A      is the appropriate percentage for the year; and
B      is the total of all reasonable amounts paid by the individual in the year for the use of a public transportation system.
Definition of “public transportation”
(2) For the purposes of this section, “public transportation” includes a public transportation service by bus, subway, commuter train or light rail.
Vouchers
(3) The individual shall provide supporting vouchers indicating the amounts paid by the individual for the use of a public transportation system.
Published under authority of the Speaker of the House of CommonsAvailable from:Publishing and Depository ServicesPublic Works and Government Services Canada