I move:
1) THAT section 99A of the Finance Act 1999 (No. 2 of 1999) be amended, with effect as on and from 25 March 2026, by the substitution of the following for subsection (3) (as amended by section 42 of the Finance Act 2019 (No. 45 of 2019)):
"(3) Where –
(a) gas oil has been purchased on or after 1 January 2020 and before 1 January 2026, or on or after 1 July 2026, then, subject to a maximum repayment rate of €75.00 per 1,000 litres, the amount to be repaid per 1,000 litres of gas oil under subsection (2) is determined—
(i) when P is less than or equal to €1,070, by the formula—
A = (P - 1,000) x 0.3,
or
(ii) when P is greater than €1,070, by the formula—
A = 21 + [(P - 1,070) x 0.6],
or
(b) gas oil has been purchased on or after 1 January 2026 and before 1 July 2026, then, subject to a maximum repayment rate of €120.00 per 1,000 litres, the amount to be repaid per 1,000 litres of gas oil under subsection (2) is determined—
(i) when P is less than or equal to €1,070, by the formula—
A = (P - 1,000) x 0.3,
(ii) when P is greater than €1,070 and less than or equal to €1,150, by the formula—
A = 21 + [(P - 1,070) x 0.675],
or
(iii) when P is greater than €1,150, by the formula—
A = 75 + [(P - 1,150) x 4.5],
where—
A is the amount to be repaid per 1,000 litres, and
P is an estimate of the average price (exclusive of value-added tax) in euro per 1,000 litres of gas oil purchased by qualifying road transport operators during the repayment period, as determined in accordance with subsection (4).".
(2) IT is hereby declared that it is expedient in the public interest that this Resolution shall have statutory effect under the provisions of the Provisional Collection of Taxes Act 1927 (No. 7 of 1927).
This financial resolution amends the provisions for a partial repayment of mineral oil tax, MOT, on auto diesel purchased in the State and used in qualifying vehicles by licensed Irish and EU road transport operators. The arrangements are generally referred to as the diesel rebate scheme, DRS, which is used by hauliers and bus operators.
The draft amendments provide for changes to how DRS repayment rates are determined and for an increase to the cap on these rates to enhance DRS benefits for qualifying operators to assist in mitigating the impact of rising fuel costs. The rate of repayment is currently capped at 7.5 cent per litre. The cap is reached when the average price per litre of auto diesel is €1.16, excluding VAT. This financial resolution increases the rate to 12 cent per litre. The DRS runs on a quarterly basis and this financial resolution will apply for quarters 1 and 2 of 2026. The backdating of the measure to the beginning of this year is in recognition of the impact on hauliers and bus operators of steep increases in the price of diesel in recent weeks.
As the Tánaiste indicated, this temporary and targeted measure is in recognition of the detrimental impact of increasing fuel prices on hauliers and passenger transport operators and of the importance of these sectors to the Irish economy. The DRS provides targeted support to operators such as bus companies, who may drop Deputies' children to school; to food delivery trucks, which keep our shelves stocked; and to essential parts of business supply chains, which means business can continue with a cushioned impact. Households and businesses will be indirect beneficiaries of these additional supports to hauliers and bus companies.