Results 24,321-24,340 of 26,148 for speaker:Kieran O'Donnell
- Finance Bill 2010: Report Stage (Resumed) (10 Mar 2010)
Kieran O'Donnell: I support this amendment. The problem is that someone could take out a mortgage on 1 January 2004 and receive a full seven years of relief, because it is based upon when a person takes it out in a particular year. The problem is that somebody who took out a mortgage in 2003 would not get relief for that year. In the interest of fairness, we should consider a seven year period as distinct...
- Finance Bill 2010: Report Stage (Resumed) (10 Mar 2010)
Kieran O'Donnell: I concur with my colleague. The Minister outlined the increase from 2003 to 2004 but I would be interested in learning the change in house prices from 2002 to 2003. We are looking for a sense of fair play in this matter. People assumed they would receive mortgage relief over a seven year period and a transition arrangement would be fair to those who fall into the 2003 category. The issue...
- Finance Bill 2010: Report Stage (Resumed) (10 Mar 2010)
Kieran O'Donnell: I support the amendment put forward by Deputy Bruton. Simply put, it is Government policy to promote primary care centres. We all believe they are a good idea. One must ensure proper levels of service and equipment are available, which are very costly. This amendment would allow the Minister to consider the matter with the Minister for Health and Children to determine what measures could...
- Finance Bill 2010: Report Stage (Resumed) (10 Mar 2010)
Kieran O'Donnell: The Minister should give us a lead-in before she says "No".
- Finance Bill 2010: Report Stage (Resumed) (10 Mar 2010)
Kieran O'Donnell: By way of assistance, this amendment does nothing more than allow the Minister for Finance consult with the Minister for Health and Children. It is not prescriptive. Effectively, it allows that consultation would take place. A measure that could be considered is that of giving accelerated capital allowances to persons to set up primary care centres, a matter touched on by Deputy Bruton. It...
- Finance Bill 2010: Report Stage (Resumed) (10 Mar 2010)
Kieran O'Donnell: I move amendment No. 13: In page 29, between lines 25 and 26, to insert the following: 23.âThat the Minister will consider making available designated tax incentives for the Limerick regeneration project as already recommended in the Limerick regeneration masterplan and Mid-West task force report.". This amendment, which I brought forward on Committee Stage, relates to the specific...
- Finance Bill 2010: Report Stage (Resumed) (10 Mar 2010)
Kieran O'Donnell: I thank the Minister for her comments. Is there any capital aspect to the â¬50 million given to the project to date? Was it designated mainly for the demolition of unfit houses? I acknowledge the resources put into policing, education and social work with great community activists working in the areas. However, it has only been demolition to date with no construction of new housing units....
- Finance Bill 2010: Report Stage (Resumed) (10 Mar 2010)
Kieran O'Donnell: I thank my colleagues for accepting the amendment I have tabled. The opportunity cost to the State by providing for tax designation is very little. In the current climate we must encourage private investment. This project was effectively split, with â¬1.7 billion from the State and â¬1.4 billion from private investors. The employment opportunities mean this is effectively a fiscal...
- Finance Bill 2010: Report Stage (Resumed) (10 Mar 2010)
Kieran O'Donnell: I would like to hear the Minister's comments on this. It is an important issue.
- Finance Bill 2010: Report Stage (Resumed) (10 Mar 2010)
Kieran O'Donnell: When will the Government agree to the master plan?
- Finance Bill 2010: Report Stage (Resumed) (10 Mar 2010)
Kieran O'Donnell: I support the amendment. From a practical viewpoint it is reasonable that the Minister would introduce an amendment in the Seanad debate to deal specifically with heritage sites. This is a site that is open to the public but it will probably be impossible to properly develop it without this measure and would have been examined in the context that the 80% windfall tax would not have applied....
- Finance Bill 2010: Report Stage (Resumed) (10 Mar 2010)
Kieran O'Donnell: I welcome this amendment, on foot of which the project approval deadline is to be extended. With regard to developing the River Shannon, there is a strong argument for extending the scheme to Limerick. The report of the Mid West Task Force, chaired by Mr. Denis Brosnan, recommended that the extension of the scheme be considered. The Minister can see the benefits of such a scheme for the...
- Finance Bill 2010: Report Stage (Resumed) (10 Mar 2010)
Kieran O'Donnell: The Minister should. We would encourage that.
- Finance Bill 2010: Report Stage (Resumed) (10 Mar 2010)
Kieran O'Donnell: Is the Deputy pressing the amendment?
- Bank Recapitalisation. (10 Mar 2010)
Kieran O'Donnell: Question 42: To ask the Minister for Finance the credit conditions which he expects to secure from the National Assets Management Agency and recapitalisation of the banks. [11992/10]
- Bank Recapitalisation. (10 Mar 2010)
Kieran O'Donnell: My question is about the expected credit conditions. It appears NAMA will provide orders for a mechanism for appeals regarding loans or overdrafts not granted. Will the Minister specify to the banks the level of credit they must provide? Will the Minister confirm that all the development and property loans of the institutions will be taken over by NAMA? I refer to the recently published...
- Bank Recapitalisation. (10 Mar 2010)
Kieran O'Donnell: How will NAMA and the recapitalisation of the banks ensure that credit will flow to small and medium-sized enterprises? They are currently on their knees. The Minister appears to be making up policy on the hoof. A total of 55% of small and medium-sized enterprises have been unable to access credit in the past three months. The Minister referred to the taxpayer. The Minister could put a...
- Bank Recapitalisation. (10 Mar 2010)
Kieran O'Donnell: Will all the development loans be taken over?
- Bank Recapitalisation. (10 Mar 2010)
Kieran O'Donnell: What is the Minister's view on interest rates?
- Bank Recapitalisation. (10 Mar 2010)
Kieran O'Donnell: Will all development loans be taken over by NAMA?