Oireachtas Joint and Select Committees
Thursday, 25 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)
Ms M?ire Igoe:
On the point of levy, it is the fact that the zoning is being delayed so it might not actually be the person who paid the value for the site so it is unsure whether that would have the impact or the desired result. That is more it. This is something that will probably iron itself out in the longer term, but the way things are at the moment, the land may have already changed hands, therefore at the time of the exiting zoning, that person has got the value of it at this stage. They pass it on to someone else and they are the ones coming in for the planning permission now. This is especially true of those who have come in in the past number of years, say someone who may have purchased land in 2021 and moved it on. There is a danger that rather than do anything with it, they will let it sit there because they are the ones who would end up having to pay it and this would be the opposite effect. Again, it is probably something that will iron itself out.
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