Financial Statutes Amendment Act, SA 2022 c4
Amended
- Alberta Health Care Insurance Act, RSA 2000 cA-20
- Alberta Personal Income Tax Act, RSA 2000 cA-30
- Emissions Management and Climate Resilience Act, SA 2003 cE-7.8
- Financial Administration Act, RSA 2000 cF-12
- Fuel Tax Act, SA 2006 cF-28.1
- Public Transit and Green Infrastructure Project Act, SA 2019 cP-43.8
- Tobacco Tax Act, RSA 2000 cT-4
- Tourism Levy Act, RSA 2000 cT-5.5
Summary
The Financial Statutes Amendment Act amends multiple pieces of legislation including making consequential amendments to the Alberta Personal Income Tax Act, the Alberta Corporate Tax Act, the Fuel Tax Act, the Tobacco Tax Act and the Tourism Levy Act. Amongst other amendments,
- Smokeless tobacco” i.e., tobacco that is not smoked or heated, but is used in another form, including chewing tobacco and snuff will now be taxed to the consumer at the rate of 27.5 cents per or part of a gram.
- Online marketplaces, i.e., digital accommodation platforms must collect and remit the provincial tourism levy on behalf of the Alberta government and are deemed to have collected the levy regardless of whether or not they are registered under the Act.
The Act repeals the authority of the Minister to issue loan guarantees in the Emissions Management and Climate Resilience Act.
The Act also amends the Alberta Health Care Insurance Act among other things, to establish a new regulation-making authority for setting coverage eligibility for health benefits delivered by allied health providers.
The Act amends the Public Transit and Green Infrastructure Project Act and General Regulation by extending the time for provincial funding to Calgary for the construction of the light rail transit Line from 2027-2028 to 2029-30.
The Act further amends the Financial Administration Amendment Act by authorizing the President of Treasury Board and the Minister to raise money by mandating a fund administrator, Provincial corporation or any other person whose financial results are included in the consolidated financial statements of the Province to deposit its surplus cash with a financial institution determined by the Minister, and that such deposits may be used by the Crown for any purpose.
In Force: Various