Oireachtas Joint and Select Committees

Wednesday, 18 November 2020

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

Finance Bill 2020: Committee Stage (Resumed)

Photo of Mairead FarrellMairead Farrell (Galway West, Sinn Fein) | Oireachtas source

I move amendment No. 164:

In page 66, between lines 2 and 3, to insert the following:

“Report on introduction of measures to combat hoarding of land

55. The Minister shall, within six months of the passing of this Act, prepare and lay before Dáil Éireann a report on the introduction of measures to combat the hoarding of land needed for development, examining the options for and efficacy of a vacant property tax and land value tax.”.

This amendment relates to combating land hoarding. The Minister is very much aware of the seriousness of the housing crisis. I am from Galway city, so anything we can do to deal with the housing crisis and to ensure that this kind of land hoarding does not happen is really important. Like every member of this committee, the issues of homelessness and housing are being brought to me by constituents.

We must do anything we can do to combat land hoarding and to ensure we do everything in our power to tackle this housing crisis.

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