Seanad debates

Thursday, 4 May 2023

Finance Bill 2023: Committee Stage

 

9:30 am

Photo of Paul GavanPaul Gavan (Sinn Fein) | Oireachtas source

I move recommendation No. 7:

In page 9, between lines 15 and 16, to insert the following:

Report on data centres’ participation in the TBESS

8.The Minister shall, within three months of the passing of this Act, lay before both Houses of the Oireachtas a report on all companies registered for the Temporary Business Energy Support Scheme with either a trade description or economic activity relating to data processing, hosting or related activities, and the amounts they received under the Scheme.”.

Recommendation No. 7 calls for "a report on all companies registered for the temporary business energy support scheme", TBESS, "with either a trade description or economic activity relating to data processing, hosting or related activities, and the amounts they received under the Scheme." The purpose of this recommendation is to establish how many data centres availed of the scheme, as a response to a parliamentary question on the scheme submitted by Deputy Paul Murphy seemed to indicate that companies are not required to provide a trade description when applying for the scheme. Perhaps we could get clarity from the Minister of State on that issue, and assurances that precise information on the nature of companies availing of the scheme will be published in due course. I will not be moving recommendation No. 8.

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