Bill 109 2008

An Act to provide a tax credit for the purchase of equipment or devices for persons with disabilities

Note: This Act amends the Taxation Act, 2007.  For the legislative history of the Act, see the Table of Consolidated Public Statutes – Detailed Legislative History on www.e-Laws.gov.on.ca.

Her Majesty, by and with the advice and consent of the Legislative Assembly of the Province of Ontario, enacts as follows:

   1.  Section 9 of the Taxation Act, 2007 is amended by adding the following subsections:

Tax credit for equipment purchased for persons with disabilities

   (13.1)  An individual is entitled to a tax credit for the year in respect of the purchase during the year of equipment or a device designed for persons with disabilities in an amount equal to the lesser of $4,000 and the cost to the individual of the equipment or device multiplied by the lowest tax rate if,

  (a)  the equipment or device is required for use by the individual who has a disability; or

  (b)  the equipment or device is required for use by a member of the individual's family who has a disability.

Definitions

   (13.2)  In subsection (13.1),

"disability" has the same meaning as in section 2 of the Accessibility for Ontarians with Disabilities Act, 2005; ("handicap")

"member of the individual's family" means, in relation to the individual, his or her spouse, child, step-child, parent, step-parent, grandparent, step-grandparent, sibling or step-sibling. ("membre de la famille du particulier")

Commencement

   2.  This Act comes into force on the day it receives Royal Assent.

Short title

   3.  The short title of this Act is the Taxation Amendment Act (Equipment Purchased for Persons with Disabilities), 2008.

EXPLANATORY NOTE

The Bill amends the Taxation Act, 2007 to provide a tax credit to individuals who purchase equipment or devices designed for persons with disabilities for use by the individual or by a member of his or her family.