Agenda - Finance Committee

Meeting Venue: Hybrid - Committee

room 3, Senedd and video conference

via Zoom

Meeting date: 5 March 2026

Meeting time: 09.30
For further information contact:

Owain Roberts

Committee Clerk

0300 200 6565

SeneddFinance@senedd.wales

Hybrid

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<AI1>

Registration

(09.00 - 09.15)

</AI1>

<AI2>

Private pre-meeting

(09.15 - 09.30)

</AI2>

<AI3>

1       Introduction, apologies, substitutions and declarations of interest

(09.30)                                                                                                             

</AI3>

<AI4>

2       Paper(s) to note

(09.30)                                                                                                             

</AI4>

<AI5>

2.1   PTN 1 - Letter from the Cabinet Secretary for Finance and Welsh Language: Finance: Interministerial Standing Committee (F:ISC) - 19 February 2026

                                                                                                     (Pages 1 - 2)

</AI5>

<AI6>

2.2   PTN 2 - Letter from the Cabinet Secretary for Finance and Welsh Language to Legislation, Justice and Constitution Committee: Development of Tourism and Regulation of Visitor Accommodation (Wales) Bill - 24 February 2026

                                                                                                     (Pages 3 - 6)

</AI6>

<AI7>

2.3   PTN 3 - Letter from the Cabinet Secretary for Finance and Welsh Language: Recommendation 11 of the Finance Committee's Draft Budget report 2026-27 - 24 February 2026

                                                                                                   (Pages 7 - 10)

</AI7>

<AI8>

2.4   PTN 4 - Cabinet Secretary for Housing and Local Government: Building Safety (Wales) Bill - Revised Explanatory Memorandum - 24 February 2026

                                                                                                 (Pages 11 - 12)

</AI8>

<AI9>

2.5   PTN 5 - Letter from the Cabinet Secretary for Finance and Welsh Language: Summary of the Roundtable event on Taxing Wealth - 25 February 2026

                                                                                                           (Page 13)

</AI9>

<AI10>

2.6   PTN 6 - Letter from Audit Wales: Challenges and opportunities for Welsh public services - 26 February 2026

                                                                                                 (Pages 14 - 30)

</AI10>

<AI11>

3       Second Supplementary Budget 2025-26: Evidence session

(09.30 - 10.30)                                                                         (Pages 31 - 49)

Second Supplementary Budget 2025-26

 

Mark Drakeford MS, Cabinet Secretary for Finance and Welsh and Language

Andrew Jeffreys, Director Treasury, Welsh Government

Sharon Bounds, Deputy Director, Financial Controls, Welsh Government

</AI11>

<AI12>

4       Motion under Standing Order 17.42 (ix) to resolve to exclude the public from the remainder of this meeting, and the meeting on 12 March 2026

(10.30)                                                                                                             

</AI12>

<AI13>

5       Second Supplementary Budget 2025-26: Consideration of evidence

(10.30 - 10.45)                                                                                                

</AI13>

<AI14>

6       The Welsh Tax Acts etc. (Power to Modify) Act 2022 (Extension of Expiry Date) Regulations 2026

(10.45 - 11.00)                                                                         (Pages 50 - 51)

The Welsh Tax Acts etc. (Power to Modify) Act 2022 (Extension of Expiry Date) Regulations 2026

 

Explanatory Memorandum

</AI14>

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