The Joint Budget Commission (CMO) approved this Tuesday (29) the National Congress Bill (PLN) 2/22, which allows the reduction of taxes on fuel without the need to compensate for the loss of revenue. The proposal goes to the vote of the plenary of Congress. The next session is scheduled for April 4th.
According to the text, the government will not need to compensate for the loss of revenue by reducing taxes levied on operations with biodiesel, diesel oil, aviation kerosene and liquefied petroleum gas, derived from petroleum and natural gas.
Complementary Law 192/22, enacted this month, exempted these fuels from charging PIS and Cofins throughout this year. The Ministry of Economy estimates a loss of R$ 16.59 billion with these federal taxes.
The rapporteur, Deputy Juscelino Filho (União-MA), also changed the Budget Guidelines Law (LDO) 2022 to allow the allocation of resources for the construction, maintenance and conservation of side roads intended for integration with federal, state and municipal highways.
PLN 2/22 also exempts the loss of contribution collection from compensation with the reopening of the period for migration of civil servants to the supplementary pension scheme. In the justification of the project, the government promised to reopen the option period for the Complementary Pension Scheme.
The Union’s Own Social Security Scheme adopts the simple pay-as-you-go financial system, and with that the current revenue from contributions from active civil servants maintains the payment of current benefits.
PLN 2/22 limits the monetary restatement of the Union’s refinanced securities debt by the General Market Price Index (IGP-M) of Fundação Getúlio Vargas, in the period between the issuance date of the securities that compose it and the end of the fiscal year. 2019. Since 2020, the update is based on the Broad Consumer Price Index (IPCA).
extra credit
The CMO also approved the National Congress Bill (PLN) 1/22, which opens extraordinary credit of R$2.572 billion. The proposal also goes for analysis by the Plenary of the National Congress.
Of the resources, R$ 1.7 billion will recover mandatory primary personnel expenses and social charges reduced by the National Congress during the 2022 Budget Law Project.
Another R$ 869 million will be used to supplement the 2021/2022 Crop Plan, with funding for agricultural costs, marketing of agricultural products and rural and agro-industrial investment.
* With information from the Chamber Agency
