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Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters relating to Tracker Mortgage Examination and Consumer Protection Framework: Discussion (7 Dec 2017)

Kieran O'Donnell: Are competition authorities worldwide able to impose civil fines?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters relating to Tracker Mortgage Examination and Consumer Protection Framework: Discussion (7 Dec 2017)

Kieran O'Donnell: As a committee, it is something we might consider.

Seanad: Death of Former Member: Expressions of Sympathy (6 Dec 2017)

Kieran O'Donnell: I want to be associated with the comments in respect of the late Des Hanafin. I welcome his family: his wife, Mona; the former Minister, Mary; and the former Senator, John. As a fellow Munsterman from north Tipp, I acknowledge that Des Hanafin was a political institution. Whether people agreed or disagreed with him, he was a man of conviction. That is really the hallmark of a good...

Seanad: Business of Seanad (6 Dec 2017)

Kieran O'Donnell: I propose the suspension of the House until the conclusion of the division in Dáil Éireann.

Seanad: Finance Bill 2017: Committee Stage (6 Dec 2017)

Kieran O'Donnell: Sinn Féin must not have read the actual section of the Bill. The section basically takes people on lower income, earning between €18,772 and €19,372, out of the USC net. I thought Sinn Féin purported to represent the small man, the person that is under pressure. The income tax take has doubled since 2011. Ordinary people who are looking to rear their children and...

Seanad: Finance Bill 2017: Committee Stage (6 Dec 2017)

Kieran O'Donnell: There is an illogical-----

Seanad: Finance Bill 2017: Committee Stage (6 Dec 2017)

Kieran O'Donnell: Someone needs to point out to Sinn Féin that it is not reading the amendment. If it is purporting to look after people who are under pressure, how can it oppose this measure? The USC was introduced as a wartime tax. It is a penal tax because it is taken off gross income. Sinn Féin needs to understand what is being proposed.

Seanad: Finance Bill 2017: Committee Stage (6 Dec 2017)

Kieran O'Donnell: We need to bore into the reality of the abstract statements Sinn Féin is coming out with. Senator Conway-Walsh represents County Mayo and I represent County Limerick. Sinn Féin wants to tell people on low incomes who are trying to educate their families and pay their mortgages that they will not get any USC relief at all. It believes the money is needed for something else. Those...

Seanad: Finance Bill 2017: Committee Stage (6 Dec 2017)

Kieran O'Donnell: This has probably come up before and is not even directly related to the Bill but many people have told me that charging points for electric cars are very infrequent. It is obligatory for new garages to provide a charging point but many existing garages cannot get a charging point if they apply for it. If we want to promote electric cars, we must ensure there are charging points and...

Seanad: Finance Bill 2017: Committee Stage (6 Dec 2017)

Kieran O'Donnell: Section 8, recommendation No. 2-------

Seanad: Finance Bill 2017: Committee Stage (6 Dec 2017)

Kieran O'Donnell: -----would more readily be discussed under section 7.

Seanad: Finance Bill 2017: Committee Stage (6 Dec 2017)

Kieran O'Donnell: This is a share options scheme and it is about retaining highly-skilled, valued employees. It has two aspects. It is fair to ask about opportunity costs because it is not only about the tax take. If one loses these individuals, there will be no share options and, as such, no tax will be forgone. It is also good for companies to divest the shareholding to employees. This allows employees...

Seanad: Finance Bill 2017: Committee Stage (6 Dec 2017)

Kieran O'Donnell: Senator Horkan is on a role today.

Seanad: Finance Bill 2017: Committee Stage (6 Dec 2017)

Kieran O'Donnell: May I speak on section 14?

Seanad: Finance Bill 2017: Committee Stage (6 Dec 2017)

Kieran O'Donnell: I want to speak on the section. That is the reason I am here. The Leas-Chathaoirleach must give me some small bit of latitude.

Seanad: Finance Bill 2017: Committee Stage (6 Dec 2017)

Kieran O'Donnell: I wish to speak to this section very briefly. The Minister of State is probably aware of this as it came up in the Dáil. I refer to management buyouts and the change in the legislation. I read the Dáil debate. I would like an assurance that an anti-avoidance measure would not in some way act effectively as a barrier to normal, bona fide management buyouts for Irish indigenous...

Seanad: Finance Bill 2017: Committee Stage (6 Dec 2017)

Kieran O'Donnell: I seek clarification from the Minister of State on an issue that has often come up over the years and which relates to services for people with disabilities. Where a claim is made by an facility regarding VRT, there is a requirement that more than 50% of users must have disabilities. My understanding is that the Government is willing to consider a statutory instrument to provide that where...

Seanad: Finance Bill 2017: Committee Stage (6 Dec 2017)

Kieran O'Donnell: What is the timescale for the implementation of that change?

Seanad: Finance Bill 2017: Committee Stage (Resumed) (6 Dec 2017)

Kieran O'Donnell: Next Tuesday.

Seanad: Order of Business (30 Nov 2017)

Kieran O'Donnell: Apart from the Senator himself.

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