Oireachtas Joint and Select Committees

Wednesday, 19 November 2014

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance

Finance Bill 2014: Committee Stage (Resumed)

1:10 pm

Photo of Simon HarrisSimon Harris (Wicklow, Fine Gael) | Oireachtas source

The Government works very hard for Bray every day. We are going to be very cautious in the implementation of tax relief in the property area. The concept is regeneration of cities in respect of which, as articulated by Deputy Michael McGrath, populations therein are declining. The purpose of this initiative is to bring our cities back to life. Thankfully, this decline is not evident in our towns. The problem is one of getting people to live in our cities. We have to walk before we can run on this one. The Minister has already extended it from some cities to all cities. Let us get the EU state aid approval and see where we go from there in terms of how this scheme works practically in our cities. I will discuss the matter raised by the Deputy with the Minister for Finance.

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