Throness proposes tax relief opportunity for Cultus Lake property owners

CHILLIWACK (August 12, 2020) – Today Chilliwack-Kent MLA Laurie Throness introduced a private members’ bill that will address the inability of Cultus Lake residents to defer property taxes.

“Today I am introducing private members’ legislation that will address the unique situation that Cultus Lake property owners find themselves in with respect to an inability to defer property taxes due to legislation that dates back almost one hundred years,” said Chilliwack-Kent MLA Laurie Throness. “My bill will alter the Land Tax Deferment Act and give Cultus Lake residents the same options as other homeowners in the province.”

The Cultus Lake Park Board was established by a unique act in the Legislature in 1932 called the Cultus Lake Park Act. Residents of the park own their homes but they lease their land from the park board and currently, cannot defer their property taxes as other British Columbian homeowners can.

“Current legislation is causing hardship for some residents, particularly as these homeowners age and housing prices increase,” Throness added. “It is important that we enable them to age in place and live independently.”

Throness hopes his bill will capture the immediate attention of the NDP government and generate an immediate response.

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