Seanad debates

Thursday, 12 December 2013

Finance (No. 2) Bill 2013: Committee Stage

 

12:00 pm

Photo of Darragh O'BrienDarragh O'Brien (Fianna Fail) | Oireachtas source

I move recommendation No. 3:


In page 11, line 30, to delete “€5,000” and substitute “€2,000”.
The purpose of the recommendation which is not 1 million miles from the recommendation in the name of Senator Kathryn Reilly is clear. The Fianna Fáil recommendation proposes to reduce the threshold to €2,000, whereas Sinn Féin's recommendation proposes to reduce it to €1,500. Such a reduction would allow smaller jobs to be undertaken and widen the attractiveness of the scheme. It would not cost a hill of beans either compared to the current proposal, while allowing smaller works to be undertaken.

That in itself would help to make the scheme more successful. The recommendation is very clear and does not require further elaboration.

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