Fine Gael's Bernard Allen, who is the chair of the Public Accounts Committee, gave a reserved welcome for the Bill, saying it aimed to implement some of the recommendations of the Committee.
But he said that PAC is seriously limited in presenting its findings, by the Supreme Court judgment following Abbeylara.
In the wake of the inquiry into the siege at Abbeylara, the Supreme Court ruled that only a court of law can make findings that would damage a person's reputation.
Mr Allen said PAC reports cannot apportion blame and that the committee is forced to couch its findings in very nuanced language.
He also criticised FÁS for presenting PAC with 'censored' versions of reports.
He said that in the case of the Spollen Report of 2003, the version given to PAC was a censored version, explained by FÁS as necessary under the terms of the Data Protection Act.
However, there was full disclosure of the report under a Freedom of Information request by a newspaper.
Over €500,000 wasted on corrupt course
Over €500,000 of taxpayers money was wasted when the results of four courses for FÁS trainees were fabricated by a private company, Fine Gael's Fergus O'Dowd has told the Dáil.
He said four courses were provided for FÁS participants by a company in the north east, which was paid a fee of over €200,000.
The FÁS trainees were paid another €256,000 but as the results of those courses were corrupted by the company, over €500,000 was wasted.
He said the company had later admitted to FÁS that the results had been changed and had said a worker had been sacked.
Yet the company, when it was contracted to provide more courses, had corrupted the results again.
He said the content and running of courses had to be audited.
He said in the corrupted courses, trainees had been given clapped out computers that did not work, had no printers and had no discs.
Replying, Minister of State Sean Haughey said the courses had been run in the north east and in Dublin north and he agreed, the results of tests had been manipulated.
He said FÁS had arranged for fresh courses for the trainees.
One of those new courses had been paid for, by the original training firm.
The Tánaiste had asked FAS to see if it could recover all the costs incurred, from that firm.
