Oireachtas Joint and Select Committees
Tuesday, 16 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 (Resumed)
Mr. Robert Keran:
The impact it would have is in terms of releasing land for housing. The concept is that there would be a tax, if we can call it that, on zoned land that benefits the local authority. The local authority then has the ability to use that money to release infrastructure that releases zoned land. That is the concept.
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