The plenary of the Chamber of Deputies approved this Tuesday (30th) the provisional measure that extends the coverage of the Popular Housing Guarantee Fund (FGHab) to used or existing properties. Currently, the MP provides for coverage of new properties only. The matter goes to the Senate.
In a modification to the text edited by the Executive Branch in April, parliamentarians included a provision that will allow special treatment to individual microentrepreneurs (MEI) and microenterprises in the collection of a pecuniary commission of funds with specific purposes that rely on the participation of the Union. With this, these companies will have the cost reduced when taking out a credit.
The MP extends the coverage of the Fundo Garantidor da Habitação Popular for housing financing under the Casa Verde e Amarela program, launched in 2020 to replace the Minha Casa, Minha Vida program. Originally, the fund received an injection of R$ 2 billion to protect the financial system from defaults in the financing of Minha Casa, Minha Vida.
The changes in the fund should guarantee new real estate financing for low-income families, without new contributions from the Union. Today, the fund already covers the payment of property benefits in the event of unemployment of the borrower with a monthly family income of up to R$ 5 thousand, in addition to assuming the outstanding balance in the event of death and permanent disability.
small business
The provisional measure also expands the access of the Emergency Credit Access Program in the guarantee modality (Peac-FGI) to loans contracted until December 31, 2023. 360 thousand and to individual micro-entrepreneurs.
“The inclusion of individual microentrepreneurs also required regulatory changes to make the program more adherent to this audience. In this sense, with the approval of the measures, differentiated treatment is allowed in the pricing of guarantees and the fiduciary assignment of receivables to be constituted as a complementary guarantee to the financing is allowed. The program was also adjusted to allow for the possibility of guarantees and creditors as a strategy to facilitate the recovery of credits”, justified the government when editing the measure.
Increase in taxation
In another provisional measure approved by the deputies, there will be a 1% increase in the Social Contribution on Net Income (CSLL) of financial institutions (such as banks and exchange brokers), insurance and capitalization companies between August 1 and December 31 2022. Banks will pay 21% of CSLL; and the other institutions, 16%.
The government’s expectation is to generate an increase in revenue of approximately R$ 244.1 million this year. The text goes to the Senate.
*With information from the Chamber Agency
