There are serious concerns with regard to rateable valuations and the review that is currently under way in many local authority areas. Of course, that review presents challenges for small businesses and retailers. Reform is proposed under the Valuation (Amendment) (No. 2) Bill 2012. When will that legislation be introduced in the Dáil?

The Bill is currently before the Seanad. It is quite complex and technical in nature. Due in part to the issues that were raised during the consultation process, a large number of amendments will be proposed on Committee Stage. There has been a delay in the context of proceeding with Committee Stage in the Upper House. Issues relating to the consultation process and the complexity of the legislation and the retirement of the official in the Office of the Parliamentary Council who was overseeing its drafting during 2013 has contributed to that delay. The amendments that will be proposed on Committee Stage in the Seanad are at an advanced stage of drafting. Every effort is being made to expedite the passage of the Bill. It is expected to progress through the Oireachtas before the summer recess.