DossierSaskatchewan

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Saskatchewan bills Bills, translated plainly.

Every bill summarized in everyday language, with its real stage in the process. The full text is always one click away on legassembly.sk.ca.

A bill's path: First reading→ Debate and committee→ Third reading / Assent What are these stages? → Glossary

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Bill 1 — The Saskatchewan Affordability Act

Assented to on 2024-12-10 · Sponsor: Jim Reiter

Amends Saskatchewan's income tax rules to raise several personal tax credits and introduce a new home renovation tax credit starting in 2025.

  • Increases the basic personal, spousal and equivalent-to-spouse tax credit amounts gradually from 2025 through 2028, with further inflation adjustments after 2029
  • Creates a new home renovation tax credit for eligible home improvement expenses incurred from October 1, 2024 onward, up to $5,000 (or $6,000 for those turning 65)
  • Excludes certain expenses like furniture, appliances, hot tubs, and yard care from the home renovation tax credit
  • Raises the dependent child credit and senior supplementary credit amounts starting in 2025, with scheduled increases through 2028
  • Increases the Graduate Retention Program tax credit maximum from $20,000 to $24,000
  • Raises the income threshold for a related tax credit from $60,000 to $120,000 for 2025 and later years
  • Increases the Active Families Benefit to $300 per eligible child, or $400 for children eligible for the disability tax credit, starting in 2025

The bill on the Legislative Assembly of Saskatchewan website

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