I move:
That, until 31st December, 2016 or until the Dáil shall otherwise order–
(1) A Select Committee, which shall be called the Committee on Budgetary Oversight, is hereby established to consider–
(a) public expenditure policy;
(b) policy affecting Exchequer revenue receipts; and
(c) the overall fiscal position, including the aggregated position on revenue and expenditure and the General Government Balance (including on a structural basis) and medium-term projections for the public finances.
(2) Notwithstanding the generality of the foregoing, for the purposes of considering Budget 2017, the Committee shall consider–
(a) the expenditure position having regard to:
(i) the Government Expenditure Ceiling; and
(ii) where significant variation from the expenditure profile could potentially impact on the overall fiscal position, Ministerial Expenditure Ceilings applying to individual Estimates or groups of Estimates for Public Services;
(b) the position regarding Exchequer revenue receipts;
(c) the fiscal position, including the question of whether or not fiscal rules are being complied with; and
(d) recommendations made by any other Committee pursuant to paragraph (7).
(3) The Committee on Budgetary Oversight shall have the following powers–
(a) power to send for persons, papers and records as defined in Standing Order 85(2A) and 88;
(b) power to take oral and written evidence and submissions as defined in Standing Order 85(1) and (2);
(c) power to appoint sub-Committees as defined in Standing Order 85(3);
(d) power to engage consultants as defined in Standing Order 85(8); and
(e) power to travel as defined in Standing Order 85(9).
(4) Every report which the Committee on Budgetary Oversight proposes to make shall on adoption by the Committee, be laid before the Dáil forthwith, whereupon the Committee shall be empowered to print and publish such report, together with such related documents it thinks fit.
(5) The Committee on Budgetary Oversight shall consist of 15 members, none of whom shall be a member of the Government or a Minister of State, and six of whom shall constitute a quorum, nominated as follows–
(a) four members by the Government;
(b) four members by Fianna Fáil;
(c) two members by Sinn Féin; and
(d) one member each by the Labour Party, AAA-PBP, Independents 4 Change, the Rural Independent Group and Social Democrats-Green Party Group.
(6) For the purposes of considering Budget 2017, but with due regard however to the limited opportunity available, each Sectoral Committee may consider, in relation to Departments and bodies accountable to it–
(a) actual performance and associated expenditure and the adequacy of performance targets, including the improvements that may be necessary or appropriate; and
(b) changes contemplated to outputs and service delivery, in respect of which Government or Ministerial approval would or might be required, and in the associated funding as a result.
(7) Each Sectoral Committee may report its opinions and recommendations and the basis of its assessment as the Committee considers appropriate: Provided that where a Sectoral Committee proposes to make recommendations that cannot be accommodated within the three year expenditure ceilings for the relevant Estimates or group of Estimates for Public Services, the recommendations shall be contained in a report to be made to the Committee on Budgetary Oversight.