Table of contents

Status: Bill 1 passed third reading on November 7, 2023
Ministry responsible: Treasury Board and Finance

Overview

Bill 1, the Alberta Taxpayer Protection Amendment Act, 2023, would prohibit the government from increasing personal or corporate income tax rates without Albertans’ approval through a referendum. It would also prohibit reducing personal income tax bracket thresholds and basic personal, spousal and equivalent-to-spouse credit amounts without a referendum.

Alberta’s tax advantage is clear – Albertans and Alberta businesses currently pay the lowest overall taxes in the country. It’s important we do everything that we can to protect it.

Key changes

If passed, Bill 1 will amend the Alberta Taxpayer Protection Act to prevent the provincial government from taking the following actions without first asking Albertans through a referendum:

  • increasing corporate income tax rates
  • increasing personal income tax rates
  • reducing personal income tax bracket thresholds
  • reducing the basic personal, spousal or equivalent-to-spouse credit amounts

Next steps

If passed, the Alberta Taxpayer Protection Amendment Act, 2023 will come into effect on royal assent.

News

Was this page helpful?

Your submissions are monitored by our web team and are used to help improve the experience on Alberta.ca.