Human Resources Legislative Update
Bill Requiring Disclosure of Information by Labour Organizations Reported Back to House of Commons
Date: November 29, 2012
On November 27, 2012, Bill C-377, An Act to amend the Income Tax Act (requirements for labour organizations), was deemed reported without amendment back to the House of Commons from the Standing Committee on Finance. As previously reported, Bill C-377 is a private member’s bill which, if passed, will amend the Income Tax Act to require labour organizations to file public information returns containing certain prescribed information including, among other things, financial statements and statements of disbursements made on labour relations and political and lobbying activities.