Seanad debates

Wednesday, 10 December 2014

Finance Bill 2014: Committee Stage

 

12:25 pm

Photo of Kathryn ReillyKathryn Reilly (Sinn Fein) | Oireachtas source

I move recommendation No. 4:


In page 11, between lines 18 and 19, to insert the following:“3. The Minister shall, within one month of the passing of this Act, prepare and lay before the Oireachtas a report on options for an Income Tax Relief for Graduate Entry Medicine Loan Products.”.
I table this recommendation to draw the attention of the Minister of State to it and see how the scheme may be accommodated. It seeks to deal with the important societal issue of the lack of doctors. Those who enter medicine through the graduate entry route often face crippling debts. The proposed relief scheme operates by providing relief on the interest and principal of loans required to pay off the cost of medical school. I do not intend to press the recommendation but I would like to hear the thinking of the Minister of State on the scheme.

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