Future Ireland Fund and Infrastructure, Climate and Nature Fund Bill 2024

Plain-English summary AI · claude-haiku-4-5-20251001

• Creates Future Ireland Fund (from 2041) and Infrastructure, Climate and Nature Fund (from 2026) managed by National Treasury Management Agency to support state spending.
• Infrastructure fund can support spending if economy deteriorates significantly, or fund environmental projects between 2026–2030.
• Dissolves existing National Surplus Reserve Fund, transfers its assets to new funds, and amends treasury management legislation.

Stage timeline

1. First Stage 33rd Dáil

   25 Mar 2024
2. Second Stage 33rd Dáil

   25 Mar 2024
3. Committee Stage 33rd Dáil

   1 May 2024
4. Report Stage 33rd Dáil

   15 May 2024
5. Fifth Stage 33rd Dáil

   15 May 2024
6. Second Stage 26th Seanad

   21 May 2024
7. Committee Stage 26th Seanad

   29 May 2024
8. Report Stage 26th Seanad

   12 Jun 2024
9. Fifth Stage 26th Seanad

   12 Jun 2024
10. Enacted

    18 Jun 2024