Oireachtas Joint and Select Committees

Thursday, 4 May 2023

Joint Oireachtas Committee on Housing, Planning and Local Government

General Scheme of the Land Value Sharing and Urban Development Zones Bill 2022: Discussion

Photo of Eoin Ó BroinEoin Ó Broin (Dublin Mid West, Sinn Fein) | Oireachtas source

Mr. Hogan does not have to be brief. I have two more questions on this issue. We have not discussed the miscellaneous provisions at the end of the general scheme of the Bill. I cannot let the witnesses leave without explaining them properly because a couple of them seem significant.

To go back to the issue of the levy and its impact on development costs, Mr. Hogan explained that it will not have an impact on sites that have current planning permission but it will affect sites granted planning permission after December 2024. In the economic analysis carried out by the Department or Indecon, was there an attempt to ascertain, per unit of accommodation in an urban core or in a suburb, what additional costs are liable to be passed on in terms of all-in development cost and, ultimately, the purchase or rental prices?

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