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Regulatory and Poverty Impact Assessments

Dáil Éireann Debate, Tuesday - 26 September 2023

Tuesday, 26 September 2023

Questions (193)

Catherine Connolly

Question:

193. Deputy Catherine Connolly asked the Minister for Finance the number of Bills prepared by his Department in the 33rd Dáil to date; the number and title of those Bills that included a Regulatory Impact Assessment; the title of the RIAs published by his Department; and if he will make a statement on the matter. [41589/23]

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Written answers

Nineteen Bills have been published since 27 June 2020 which were sponsored by the Minister for Finance. Regulatory Impact Assessments (“RIAs”) were published on the Department’s website in respect of five of those Bills. RIAs and screening RIAs were also prepared in respect of a number of the Bills, and circulated to cabinet members along with the Memorandum for Government.

Please see attached table listing those Bills and setting out details in relation to accompanying RIAs.

Bills sponsored by the Minister for Finance published since June 2020

No.

Act / Bill

Date of publication

Title of published Regulatory Impact Assessment

Other information

1. Financial Provisions (Covid-19) Act 2020

8 July 2020

-

See Note One

2. Financial Provisions (Covid-19) (No. 2) Act 2020

23 July 2020

-

See Note One

3. Finance (Miscellaneous Provisions) Act 2020

18 November 2020

-

Screening RIA was circulated with the Memo for Government

4. Finance Act 2020

20 October 2020

-

See Note One

5. Investment Limited Partnerships (Amendment) Act 2020

17 September 2020

-

Screening RIA was circulated with the Memo to Government

6. Finance (Covid-19 and Miscellaneous Provisions) Act 2021

22 June 2021

-

See Note One

7. Finance (Local Property Tax) (Amendment) Act 2021

7 July 2021

Finance (Local Property Tax) (Amendment) Bill 2021 Regulatory Impact Analysis

28 May 2021

Published on the Department’s website

8. Finance (European Stability Mechanism and Single Resolution Fund) Act 2021

1 September 2021

-

As no regulatory impacts arose from this legislation, it was not necessary to conduct an RIA

9. Finance Act 2021

21 October 2021

-

See Note One

10. Consumer Protection (Regulation of Retail Credit and Credit Servicing Firms) Act 2022

6 July 2021

Regulatory Impact Analysis (RIA) in relation to the Consumer Protection (Regulation of Retail Credit and Credit Servicing Firms Bill) 2021

June 2021

Published on the Department’s website

11. Finance (Covid-19 and Miscellaneous Provisions) Act 2022

4 March 2022

-

See Note One

12. Insurance (Miscellaneous Provisions) Act 2022

1 April 2022

Insurance (Miscellaneous Provisions) Bill 2021

Regulatory Impact Analysis

October 2021

Published on the Department’s website

13. Consumer Credit (Amendment) Act 2022

7 March 2022

Consumer Credit (Amendment) Bill 2021

Regulatory Impact Assessment

6 July 2021

Published on the Department’s website

14. Bretton Woods Agreements (Amendment) Act 2022

14 March 2022

-

RIA was circulated with the Memo to Government

15. Finance Act 2022

18 October 2022

-

See Note One

16. Credit Unions (Amendment) Bill 2022

(No. 112 of 2022)

30 November 2022

-

RIA was circulated with the Memo for Government

17. Central Bank (Individual Accountability Framework) Act 2023

28 July 2022

Central Bank (Individual Accountability Framework) Bill - Regulatory Impact Analysis

June 2022

Published on the Department’s website

18. Finance Act 2023

9 March 2023

-

See Note One

19. Finance (State Guarantees, International Financial Institution Funds and Miscellaneous Provisions) Bill 2023

(No. 66 of 2023)

18 September 2023

-

No formal RIA was conducted in light of the necessity to develop this Bill quickly. However, no impacts were identified for Jobs, North-South, East-West Relations, Gender Equality, Poverty Proofing, Competitiveness & Industry Costs, Rural Communities, Quality Regulation, People with Disabilities.

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