M-40 - Act to enable municipalities to tax certain educational establishments

Section 2 Disposition versions

1977-12-31

2. Every municipality in which there is a building mainly comprising classrooms or laboratories which an educational establishment holds as proprietor or otherwise may, by by-law, levy upon such educational establishment an annual tax of thirty-five dollars per student registered as full time on the 1st of December of the preceding taxation year in the case of an educational establishment contemplated in paragraph a of section 1, the 30th of September of the preceding taxation year in the case of an educational establishment contemplated in paragraph b of such section and at the time determined by the Gouvernement in the case of an educational establishment contemplated in paragraph c of such section.

When any such buildings, held by the same educational establishment, are situated in more than one municipality, the amount of thirty-five dollars hereinabove provided for shall be apportioned among such different municipalities in the same proportion as the net non-residential area of such educational establishment is apportioned among such different municipalities.

The yield of such tax shall not exceed, with respect to each of the educational establishments liable thereto, ten per cent of all the revenue of the municipality from the general or special real estate tax and from the local improvement taxes for the last fiscal year for which its accounts have been reported on by its auditors, excluding revenue collected under this act.

1971, c. 51, s. 2; 1975, c. 70, s. 1.