motion_title: Managing Scotland’s Finances and Working with Business to Drive the Wellbeing Economy (Amendment 1)
motion_text: The first question is, that amendment S6M-08604.1, in the name of Liz Smith, which seeks to amend motion S6M-08604, in the name of Neil Gray, on managing Scotland’s finances and working with business to drive the wellbeing economy, be agreed to. Are we agreed?
  S6M-08604.1: As an amendment to motion S6M-08604 in the name of Neil Gray (Managing Scotland’s Finances and Working with Business to Drive the Wellbeing Economy), leave out from the first “recognises” to end and insert “is grateful to the Scottish Fiscal Commission (SFC) for its ground-breaking work contained within the recent Fiscal Sustainability Report, which forecasts Scottish economic trends for the next 50 years; notes the concerns cited by the SFC that current tax and spend structures and current models for public services will not deliver the necessary revenue that Scotland requires to address the substantial fiscal deficits, which are forecast to be around 10% each year, and calls on the new Scottish Government to be fully focussed on improving productivity, on widening the tax base and delivering the economic growth that Scotland so desperately needs.”
  
  Original motion(S6M-08604):
  That the Parliament recognises the need to create a wellbeing economy that is democratic, works for people and planet, and supports communities to fulfil their potential; believes that such an economy must be equitable, sustainable and dynamic in order to address the climate crises, the current financial and economic challenges, and to deliver a just transition to net zero, reduce child poverty and enhance public services; notes that plans to expand childcare support and implement the National Strategy for Economic Transformation and the Just Transition Plans will deliver new opportunities for communities, businesses and individuals across Scotland; considers that the development of community wealth building legislation will be a key component of the approach to local and regional economic development and empowerment, will promote and sustain fair work, create and retain more wealth within communities, build Scotland’s tax base, strengthen its economic resilience, increase wellbeing for current and future generations and support the delivery of high-quality public services, and recognises that independence would allow Scotland to make greater progress, but, until then, calls for the devolution of additional powers, in relation to energy, the economy and employment law, to the Scottish Parliament to support Scotland's transition to a wellbeing economy.
  
  Original motion(S6M-08604):
  That the Parliament recognises the need to create a wellbeing economy that is democratic, works for people and planet, and supports communities to fulfil their potential; believes that such an economy must be equitable, sustainable and dynamic in order to address the climate crises, the current financial and economic challenges, and to deliver a just transition to net zero, reduce child poverty and enhance public services; notes that plans to expand childcare support and implement the National Strategy for Economic Transformation and the Just Transition Plans will deliver new opportunities for communities, businesses and individuals across Scotland; considers that the development of community wealth building legislation will be a key component of the approach to local and regional economic development and empowerment, will promote and sustain fair work, create and retain more wealth within communities, build Scotland’s tax base, strengthen its economic resilience, increase wellbeing for current and future generations and support the delivery of high-quality public services, and recognises that independence would allow Scotland to make greater progress, but, until then, calls for the devolution of additional powers, in relation to energy, the economy and employment law, to the Scottish Parliament to support Scotland's transition to a wellbeing economy.
  
  Original motion(S6M-08604):
  That the Parliament recognises the need to create a wellbeing economy that is democratic, works for people and planet, and supports communities to fulfil their potential; believes that such an economy must be equitable, sustainable and dynamic in order to address the climate crises, the current financial and economic challenges, and to deliver a just transition to net zero, reduce child poverty and enhance public services; notes that plans to expand childcare support and implement the National Strategy for Economic Transformation and the Just Transition Plans will deliver new opportunities for communities, businesses and individuals across Scotland; considers that the development of community wealth building legislation will be a key component of the approach to local and regional economic development and empowerment, will promote and sustain fair work, create and retain more wealth within communities, build Scotland’s tax base, strengthen its economic resilience, increase wellbeing for current and future generations and support the delivery of high-quality public services, and recognises that independence would allow Scotland to make greater progress, but, until then, calls for the devolution of additional powers, in relation to energy, the economy and employment law, to the Scottish Parliament to support Scotland's transition to a wellbeing economy.