Thank you, Madam Chair. The Standing Committee on Infrastructure reviewed Bill 8, An Act to Amend the Income Tax Act, on May 2 and 7, 1996. Members discussed the bill and agreed that it should be moved into Committee of the Whole for further discussion and action.
The standing committee understood that the purpose of this amendment is to bring provisions relating to the NWT cost of living tax credit into line with the original intent of the program. Members will take this opportunity in Committee of the Whole to raise any specific questions they may have. Thank you, Madam Chair.