S.M. 2009, c. 29
Bill 4, 3rd Session, 39th Legislature
The Community Revitalization Tax Increment Financing Act
INTRODUCTORY PROVISIONS | |
1 | Definitions |
2 | Definitions in Municipal Assessment Act and City of Winnipeg Charter apply |
3 | Application of other Acts |
DESIGNATING COMMUNITY REVITALIZATION PROPERTIES | |
4(1) | Designation |
(2) | Designation of properties in close proximity |
(3) | Consultations |
5(1) | Designation period |
(2) | Renewal |
(3) | Revocation |
6 | Municipality and school board to be notified |
ASSESSMENT | |
7 | Amending the assessment roll |
8(1) | Determining pre-designation assessed value |
(2) | Changes to pre-designation assessed value |
(3) | Change to pre-designation assessed value for general assessment |
9(1) | Determining incremental assessed value |
(2) | Incremental assessed value of property in close proximity |
10 | Exemption re school taxes |
COMMUNITY REVITALIZATION LEVY | |
11(1) | Community revitalization levy |
(2) | Levy in lieu of school taxes otherwise payable |
(3) | Levy rate |
(4) | Levy collection and priority |
12(1) | Liability to pay levy |
(2) | Joint liability |
13 | Levy amount remitted to the province |
14 | Municipality's calculation of school taxes |
COMMUNITY REVITALIZATION FUND | |
15(1) | Fund established |
(2) | Purpose of fund |
(3) | Control and supervision of fund |
(4) | Credits to fund |
(5) | Investment of excess money |
(6) | Payments from fund |
(7) | Use of grants |
(8) | Audit |
(9) | Reporting |
REGULATIONS | |
16(1) | Regulations |
(2) | Retroactive effect |
CONSEQUENTIAL AMENDMENTS | |
17 | Consequential amendment, C.C.S.M. c. M225 |
(4.1) | Assessed value re community revitalization property |
18(1) | Consequential amendments, C.C.S.M. c. M226 |
(2) | |
(3) | |
(6.1) | Community revitalization property breakdown |
(4) | |
(3) | Community revitalization property |
(5) | |
(8) | Revising the assessed value of a community revitalization property |
(6) | |
(3) | Revising the assessed value of a community revitalization property |
19 | Consequential amendment, S.M. 2002, c. 39 |
(2) | Assessed value re community revitalization property |
C.C.S.M. REFERENCE AND COMING INTO FORCE | |
20 | C.C.S.M. reference |
21 | Coming into force |