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Thursday, November 29, 2007 (No. 27)

Report Stage of Bills

Bill C-253

An Act to amend the Income Tax Act (deductibility of RESP contributions)

Pursuant to Standing Order 76.1(5), the Speaker selected and grouped for debate the following motions:

Group No. 1 -- Motions Nos. 1 and 2.

Statement and selection by Speaker — see Debates of November 28, 2007.

Resuming Debate

Group No. 1

Motion No. 1 -- Question put separately.

Amendment to Motion No. 2 -- Question put separately.

Motion No. 2 -- Question put separately.

Motion No. 1 — November 28, 2007 — , seconded by , — That Bill C-253, in Clause 2, be amended by deleting lines 10 to 24 on page 1.

Motion No. 2 — November 28, 2007 — , seconded by , — That Bill C-253, in Clause 2, be amended by replacing lines 8 and 9 on page 2 with the following:

“(b) the RESP lifetime limit minus the total of all contributions made by the taxpayer into a registered education savings plan in previous taxation years.”

Amendment to Motion No. 2 — November 28, 2007 — ), seconded by , — That Motion No. 2 be amended by adding after the word “years” the following:

“, to a maximum of $5,000.”.