Activities of David CORMAND related to 2018/0135(CNS)
Plenary speeches (1)
Draft Council decision on the system of own resources of the European Union (continuation of debate)
Shadow reports (1)
REPORT on the draft Council decision on the system of Own Resources of the European Union
Amendments (10)
Amendment 33 #
Proposal for a decision
Recital 1 a (new)
Recital 1 a (new)
(1a) The Decision on the System of Own Resources, furthermore, provides the legal basis for the Commission to borrow funds on the capital markets in order to finance expenditure in the framework of the Next Generation EU Recovery Package. The related costs of the principal and interest of the repayments must be re-financed over and above the MFF ceilings and entirely located in the extraordinary and temporary increase of the own resources ceiling (article 3c) in a pre-defined time frame depending on the maturities of the bonds issued and the debt repayment strategy. Such costs should not lead to any increases in national contributions. Therefore, such costs should be entirely covered by the income from genuine new Own Resources. Any amounts generated by such new Own Resources beyond what is necessary to cover the repayment obligations in a given year should flow to the Union budget as general revenue. Any new Own Resources should continue to fund the Union budget as general revenue after the end of the repayment plan.
Amendment 39 #
Proposal for a decision
Recital 1 b (new)
Recital 1 b (new)
(1b) The new categories of Own Resources should be introduced in sufficient time for their proceeds to be available when the interest and repayment obligations occur. The proceeds from those Own Resources should be sufficient to cover entirely the costs of the principal and interest of the repayments and other related costs in their entirety and to reduce the GNI-based own resources to 40% by the end of the MFF 2021-2027. The new Own Resources should be aligned with Union policy objectives and support the European Green Deal as well as the functioning of the Single Market and efforts to improve the effectiveness of corporate taxation. The European Parliament, in its MFF-Own Resources Interim Report of November 2018, has already endorsed a possible basket of new Own Resources that display such characteristics, which should be enlarged to other options such as an EU-wide kerosene tax.
Amendment 56 #
Proposal for a decision
Recital 6
Recital 6
(6) In order to finance entirely the costs of principal and interest of the repayments of the European Recovery Instrument, in order to better align the Union's financing instruments with its policy priorities, to better reflect the Union's budget role for the functioning of the Single Market, to better support the objectives of Union policies and to reduce to 40% the share of the Member States' Gross National Income- based contributions to the Union's annual budget, it is necessary to introduce new categories of Own Resources based, on the Common Consolidated Corporate Tax Base, the national revenue stemming from the European Union Emissions Trading System and a national contribution calculated on the basis of non-recycled plastic packaging waste. Moreover, new Own Resources based on a Carbon Border Adjustment Mechanism, a digital services tax, the Financial Transaction Tax and an EU-wide kerosene tax should be introduced to this end as soon as the underlying legal conditions are in place. Or. en (NOTE: the text comes from COM(2018)0325)
Amendment 82 #
Proposal for a decision
Recital 9 a (new)
Recital 9 a (new)
(9a) Rebates and other correction mechanisms should be abolished. Should the need arise, any rebates would have to be granted in the form of temporary lump sum reductions on a Member State’s GNI-based contribution for a limited phasing out period and in no case longer than 5 years;
Amendment 115 #
Proposal for a decision
Article 2 – paragraph 1 – subparagraph 1 – point e a (new)
Article 2 – paragraph 1 – subparagraph 1 – point e a (new)
(ea) the revenue generated by a EU- wide Kerosene tax pursuant to Commission proposal [.../...]; the actual call rate shall not exceed 100 %;
Amendment 118 #
Proposal for a decision
Article 2 – paragraph 1 – subparagraph 1 – point e b (new)
Article 2 – paragraph 1 – subparagraph 1 – point e b (new)
(eb) the revenue generated by a EU- wide capital tax for people having a personal capital higher than EUR 2 million pursuant to Commission proposal […/…]; the actual call rate shall not exceed 100%;
Amendment 131 #
Proposal for a decision
Article 2 – paragraph 1 – subparagraph 4
Article 2 – paragraph 1 – subparagraph 4
Amendment 136 #
Proposal for a decision
Article 2 – paragraph 1 a (new)
Article 2 – paragraph 1 a (new)
1a. The European Parliament and the Council, in close cooperation with the Commission, shall establish a legally binding calendar for the introduction of new Own Resources, without prejudice to other proposals, by 1 January 2026, corresponding to the end of all rebates and corrective mechanisms, at the latest, the revenues from which shall be sufficient to cover the repayment of the borrowing costs implied by the borrowing capacity established under Article 3b and reduce to 40% the share of the GNI-based own resources to the EU budget; The Commission shall make the appropriate legislative proposals to this end. The proceeds from a basket of new Own Resources shall enter the Union budget as of 1 January 2021. The mid- revision of the MFF 2021-2027 [MFF regulation ..../....] shall be used, amongst other things, to adapt and, if necessary, adopt new legislation in order to reach the objectives set out in the paragraph 1.
Amendment 141 #
Proposal for a decision
Article 2 – paragraph 2 a (new)
Article 2 – paragraph 2 a (new)
2a. The Commission shall examine other potential revenues to constitute new own resources, without any prejudice to the ones listed in paragraph 1, and communicate to the Council and the Parliament its assessments. Should the Council or the Parliament suggest a revenue to be an own resource, the Commission shall examine and assess the suggestion.
Amendment 147 #
Proposal for a decision
Article 3 c
Article 3 c
The amounts established in Article 3(1) and (2), respectively, shall be temporarily increased by 0,6 percentage points for the sole purpose of covering all liabilities of the Union resulting from its borrowing referred to in Article 3b until all these liabilities have ceased to exist, and at the latest until 31 December 2058. Those increased amounts shall be calculated over and above the MFF ceilings and include all related costs of the principal and interests of the repayments of the European Recovery Instrument and shall not be used for paying any other liabilities of the Union. Or. en (NOTE: the text comes from COM(2020)0445)