E-20.001 - Act respecting the exercise of certain municipal powers in certain urban agglomerations

Section 114 Disposition versions

2004-12-17

114. The sum that a related municipality must receive under a program referred to in the second paragraph must be treated in two parts so that the distribution between the part paid to the central municipality for urban agglomeration purposes and the part paid to that municipality for other purposes or paid to the reconstituted municipality, as the case may be, corresponds to the distribution of the total amount of property taxes that would have been imposed on the immovables referred to in that paragraph, if those immovables were entered on the property assessment roll, made to take into account the taxes imposed by either the urban agglomeration council or by the regular council of the central municipality or the council of the reconstituted municipality.

The first paragraph applies to any program established by the Government, a minister or a government body to compensate municipalities for all or part of the reduction in their property tax base resulting from the non-entry on the property assessment roll of certain immovables designed to abate, control or monitor pollution.

The values used to calculate the sum payable under the program referred to in the second paragraph are used to estimate the amount of property taxes that would be imposed on those immovables on the basis of their taxable value.

2004, c. 29, s. 114.