Agenda and minutes

Venue: Committee Room 3 - Senedd. View directions

Contact: Bethan Davies 

Media

Senedd.TV: View the webcast

Transcript: Transcript for 04/03/2020 - Finance Committee - Fifth Senedd

Items
Note No. Item

(09.30)

1.

Introductions, apologies, substitutions and declarations of interest

Minutes:

1.1 The Chair welcomed Members and witness to the meeting.

 

1.2 Apologies were received from Alun Davies AM.

(09.30)

2.

Paper(s) to note

Minutes:

2.1 The papers were noted.

2.1

PTN1 - Response from the Wales Audit Office to the Finance Committee's Annual Scrutiny of the Wales Audit Office and the Auditor General for Wales Report - 20 February 2020

Supporting documents:

2.2

PTN2 - Welsh Government Draft Budget 2020-21 - Response from the Minister for Finance and Trefnydd to the Finance Committee’s recommendations - 28 February 2020

Supporting documents:

(09.30-10.30)

3.

Impact of variations in national and sub-national income tax: Evidence session 3

Professor James Foreman-Peck, Professor in Economics, Cardiff University

 

Paper 1 – Written evidence: James Foreman-Peck and Peng Zhou, Cardiff University

Research brief

Supporting documents:

Minutes:

3.1 The Committee took evidence from Professor James Foreman-Peck, Professor in Economics, Cardiff University on the impact of variations in national and sub-national income tax.

(10.30)

4.

Motion under Standing Order 17.42 to resolve to exclude the public from the remainder of the meeting

Minutes:

4.1 The motion was agreed.

(10.30-10.45)

5.

Impact of variations in national and sub-national income tax: Consideration of evidence

Minutes:

5.1 The Committee considered the evidence received.

(10.45-11.00)

6.

Consideration of statement of principles for directly funded bodies

Paper 2 - Consideration of statement of principles for directly funded bodies

Supporting documents:

Minutes:

6.1 The Committee considered the Statement of Principles that it expects Directly Funded Bodies to have regard to when making budget proposals, which the Committee published in May 2019. The Committee agreed to write to the directly funded bodies to reiterate these principles, ahead of the next round of budget proposals.

(11.00-11.10)

7.

Retention payments in the construction sector: Consideration of draft letter

Paper 3 – Draft letter to the Minister for Economy, Transport and North Wales - Inquiry into Retention Payments in the Construction Sector

Supporting documents:

Minutes:

7.1 The Committee agreed a joint letter with the Economy, Infrastructure and Skills Committee to the Minister for Economy, Transport and North Wales on its inquiry into Retention Payments in the Construction Sector.

(11.10-11.40)

8.

Local Government and Elections (Wales) Bill: Consideration of draft report

Paper 4 – Draft report

Paper 5 – Letter from the Minister for Housing and Local Government –  Further information following the meeting held on 6 February 2020 – 20 February 2020

Supporting documents:

Minutes:

8.1 The Committee agreed the report with changes.