21
First Session, 50th General Assembly 70 Elizabeth II, 2021
BILL 21
AN ACT TO AMEND THE REVENUE ADMINISTRATION ACT NO. 2
Received and Read the First Time................................................................
Second Reading............................................................................................
Committee.....................................................................................................
Third Reading...............................................................................................
Royal Assent.................................................................................................
HONOURABLE SIOBHAN COADY Minister of Finance and President of Treasury Board
Ordered to be printed by the Honourable House of Assembly

EXPLANATORY NOTES

This Bill would amend the Revenue Administration Act to increase the tax rates on carbon products.

A BILL

AN ACT TO AMEND THE REVENUE ADMINISTRATION ACT
NO. 2

Analysis

1. S.72.1 Amdt.

Tax levied on carbon
product

2. Commencement

Be it enacted by the Lieutenant-Governor and House of Assembly in Legislative Session convened, as follows:

SNL2009 cR-15.01
as amended

1. Subsection 72.1(1) of the Revenue Administration Act is repealed and the following substituted:

Tax levied on carbon product

72.1 (1) In addition to the tax that may be payable under section 51, a person who acquires a carbon product at a retail sale in the province shall pay to the Crown at the time of the sale

(a) on butane, a tax of $0.0712 per litre;

(b) on ethane, a tax of $0.0408 per litre;

(c) on gas liquids, a tax of $0.0666 per litre;

(d) on gasoline, a tax of $0.0884 per litre;

(e) on heavy fuel oil, a tax of $0.1275 per litre;

(f) on kerosene, a tax of $0.1033 per litre;

(g) on light fuel oil, a tax of $0.1073 per litre;

(h) on methanol, a tax of $0.0439 per litre;

(i) on naphtha, a tax of $0.0902 per litre;

(j) on petroleum coke, a tax of $0.1535 per litre;

(k) on pentanes plus, a tax of $0.0712 per litre;

(l) on propane, a tax of $0.0619 per litre;

(m) on coke oven gas, a tax of $0.0280 per cubic metre;

(n) on marketable natural gas, a tax of $0.0783 per cubic metre;

(o) on non-marketable natural gas, a tax of $0.1034 per cubic metre;

(p) on still gas, a tax of $0.1080 per cubic metre;

(q) on coke, a tax of $127.19 a tonne;

(r) on high heat value coal, a tax of $90.07 a tonne;

(s) on low heat value coal, a tax of $70.90 a tonne; and

(t) on combustible waste, a tax of $79.89 a tonne.

Commencement

2. This Act comes into force on July 1, 2021.

©Queen's Printer