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Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2024: Report and Final Stages (15 May 2024)

Pearse Doherty: I move amendment No. 7: In page 19, between lines 15 and 16, to insert the following: "(b) housing and infrastructure deficits,".

Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2024: Report and Final Stages (15 May 2024)

Pearse Doherty: I move amendment No. 8: In page 20, between lines 13 and 14, to insert the following: "(c) housing and infrastructure deficits in relation to such years as the Minister considers appropriate,".

Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2024: Report and Final Stages (15 May 2024)

Pearse Doherty: As we have discussed, the Bill provides for the establishment of two funds, that is, the future Ireland fund and the infrastructure, climate and nature fund. These funds were first proposed in response to two trends, namely, the future costs likely to be incurred by the State and the growth of corporation tax receipts in recent years. We all acknowledge that we have seen a significant...

Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2024: Report and Final Stages (15 May 2024)

Pearse Doherty: I say this often, but Deputy Gould is 100% right. Earlier, I said the reason the Government is getting the Bill so wrong is it does not understand what is happening in the housing crisis. Deputy Gould put to the Minister what is happening on his doorstep and he seems to think everything is okay. It is far from okay. Deputy Gould also mentioned the statistics released today. What is...

Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2024: Report and Final Stages (15 May 2024)

Pearse Doherty: When Deputy Gould referred to price increases in the Minister's community, he challenged him. House prices in the Minister's community have increased by 50%. There has been an increase of €130,000 for an existing home in the Minister's community, a fact he ignored. He said the Government is delivering affordable and cost-rental housing. The Government has missed every single...

Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2024: Report and Final Stages (15 May 2024)

Pearse Doherty: I move amendment No. 4: In page 12, line 26, to delete “designated environmental projects” and substitute “designated environmental projects or designated housing projects”.

Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2024: Report and Final Stages (15 May 2024)

Pearse Doherty: Hear, hear.

Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2024: Report and Final Stages (15 May 2024)

Pearse Doherty: I move amendment No. 3: In page 12, between lines 16 and 17, to insert the following: “ “designated housing project” has the meaning assigned to it by section 21;”. I will speak to all of the grouped amendments. These amendments relate to the infrastructure, climate and nature fund and under the legislation, €2 billion will be contributed to the...

Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2024: Report and Final Stages (15 May 2024)

Pearse Doherty: I move amendment No. 2: In page 8, between lines 15 and 16, to insert the following: “(3) Without prejudice to the generality of subsection (1), the Future Ireland Fund investment strategy shall have regard to the promotion of the economic development and stability of the State, across sectors including but not limited to housing, infrastructure, energy and water.”.

Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2024: Report and Final Stages (15 May 2024)

Pearse Doherty: I made the point that there may be a slightly lower return from domestic investment than from international investment. The NTMA will feel it has to get the most competitive returns available, even though there is an opportunity cost lost. Amendment No. 2 does not direct it to invest in the domestic economic development or sectors such as housing, infrastructure, energy and water. It...

Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2024: Report and Final Stages (15 May 2024)

Pearse Doherty: Deputy Nash outlined the substance of his amendment. My amendment is very similar. It relates to the investment strategy under the Future Ireland Fund and would provide a focus for the investment strategy with respect to the Future Ireland Fund towards domestic investment in the State. As I outlined on Committee Stage and Second Stage, I believe the establishment of funds is appropriate....

Ceisteanna ó Cheannairí - Leaders' Questions (15 May 2024)

Pearse Doherty: Hear, hear.

Ceisteanna ó Cheannairí - Leaders' Questions (15 May 2024)

Pearse Doherty: Hear, hear.

Ceisteanna ó Cheannairí - Leaders' Questions (15 May 2024)

Pearse Doherty: Hear, hear.

Written Answers — Department of Children, Equality, Disability, Integration and Youth: Mental Health Services (15 May 2024)

Pearse Doherty: 138. To ask the Minister for Health further to Parliamentary Question No.1542 of 9 April 2024, when a full HSE reply will be issued; and if he will make a statement on the matter. [22050/24]

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Revenue Commissioners: Discussion (15 May 2024)

Pearse Doherty: I welcome Mr. Cody and the officials from Revenue. I was at another meeting, so the witnesses may have already answered some of the questions I am going to ask. If they have, they can skip over the relevant questions and I will look at the transcript for what I missed. I have quite a number of questions. I will try to get through them as quickly as possible. I also have a couple of...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Revenue Commissioners: Discussion (15 May 2024)

Pearse Doherty: Is it entirely written off or can some of it come back via bankruptcy?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Revenue Commissioners: Discussion (15 May 2024)

Pearse Doherty: It will be a small amount compared with what it was at first. I presume a risk analysis was carried out in the early days. You were looking at these type of numbers and you would be in a good position, given the pandemic and all the rest.

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