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Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)

Pearse Doherty: I want to come in on section 85. Given that we are due to take a break at 5 p.m., I suggest we might do so now in advance of the discussion on section 85.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)

Pearse Doherty: Are there amendments to this section?

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)

Pearse Doherty: Is that amendment No. 76?

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)

Pearse Doherty: I move amendment No. 79: In page 171, between lines 11 and 12, to insert the following: “Report on the Vacant Homes Tax 85.The Minister shall, within six months of the passing of this Act, prepare and lay before Dáil Éireann a report on the vacant homes tax, including an assessment of options to include derelict properties within its scope, to apply a minimum amount of...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)

Pearse Doherty: My amendment is to insert a new section 87, but it actually relates to section 86, so I will deal with both together. The amendment relates to the impact on construction of the defective concrete block levy, in particular the impact it would have on construction costs, on the viability and the affordability of housing products and on the cost of remediation for home owners affected by...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)

Pearse Doherty: I am okay to pair.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)

Pearse Doherty: That is okay.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)

Pearse Doherty: I do not have a pair either. I was suggesting that we pair, but that is okay.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)

Pearse Doherty: That is fine. Let us adjourn.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)

Pearse Doherty: Exactly. I understand from my colleagues there may be ten minutes left in that Bill so we may get caught again. I wish to finish the point I was making. From my experience and what I have seen, I hope that an accident does not come to pass but I fear it will. People should not be living in some of the homes in which they are living at present. Imagine standing in a kitchen with water...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)

Pearse Doherty: The Chairman might let me finish on this point. The Society of Chartered Surveyors Ireland stated: Contrary to the need to drive down construction costs, the concrete levy announced in Budget 2023 directly increases building costs. While we understand that Government intends to seek a contribution from relevant stakeholders to the cost of remediating defective homes, in a period of...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)

Pearse Doherty: I move amendment No. 84: "In page 188, between lines 20 and 21, to insert the following: “Report on the impact of the Defective Concrete Products Levy on the cost, viability and affordability of construction and housing projects 87.The Minister shall, within six months of the passing of this Act, prepare and lay before Dáil Éireann a report on the Defective Concrete...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)

Pearse Doherty: Sixty amendments in one breath.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)

Pearse Doherty: Some of the amendments are very technical.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)

Pearse Doherty: I do. It is important that we have a scheme that supports businesses. Deputy Boyd Barrett raised what I would like to touch on. My amendment calls for a report on the operation of the temporary business energy support scheme and options to amend its qualifying criteria and rates of payment, with reference to appropriate thresholds, such as turnover and profitability. It goes to the core...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)

Pearse Doherty: Again, there is the cost of living.

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)

Pearse Doherty: We will discuss credit unions on Report Stage. The argument is that there could be a carve-out in relation to credit unions. That is what has been suggested. We will look into the matter in greater detail. I am happy to park it until our discussion on Report Stage. When I spoke about cash reserves, I was not talking about having a measurement based on cash reserves. I was talking...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)

Pearse Doherty: I understand that. I mention a scenario where your unit price has gone up by less than 50%. In the case I gave you, Deputy Matthews's unit price had gone up by 47% and his fill had increased by €7,000. He is ineligible for the scheme. Deputy Ó Murchú's company's unit price went up by 60%, his bill went up by €9,000 and his actual bill that he will have to pay is...

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Select Committee (16 Nov 2022)

Pearse Doherty: Where did the Department arrive at those calculations?

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