Oireachtas Joint and Select Committees
Tuesday, 7 November 2023
Select Committee on Finance, Public Expenditure and Reform, and Taoiseach
Finance (No. 2) Bill 2023: Committee Stage
Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source
I move amendment No. 12:
In page 23, between lines 8 and 9, to insert the following: “Report on Mortgage Interest Relief14.The Minister shall, within one month of the passing of this Act, prepare and lay before Dáil Éireann a report on the introduction of temporary mortgage interest relief, available in respect of mortgages on principal private residences, applied at source on a monthly basis and equivalent to 30 percent of the difference in interest paid in the relevant month relative to interest paid in the relevant month under the interest rate charged to the relevant mortgage in June 2022, capped at a maximum benefit of €1,500 per relevant household for the duration of the scheme or a period of 12 months, whichever is the lesser.”.
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