Oireachtas Joint and Select Committees

Thursday, 9 November 2017

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach

Finance Bill 2017: Committee Stage (Resumed)

10:00 am

Photo of Michael FitzmauriceMichael Fitzmaurice (Roscommon-Galway, Independent) | Oireachtas source

We will not put this to a vote, but we will table it on Report Stage when we will push it to a vote. This section is anti-rural. I have outlined the issue already. I appreciate that the Minister of State rather than the Minister was present for the discussion, but we have not received clarification around the ambiguity concerning the matter to which Deputies Burke, Martin Kenny and Michael McGrath referred, namely, people who have paid a deposit and are waiting to conclude the deal. According to Deputy Burke, people must pay money that they do not have to get money back. There needs to be clarification of what the situation has been since the night the financial resolutions were passed in the Dáil. There is a hold-up in property everywhere. People are waiting to see whether the Government will show common sense by allowing for 2% in respect of people buying small businesses, farms or land up to a certain threshold. In light of the vote, that will not happen, but I would like clarification.

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