Overview

• President Hugo Motta scheduled the plenary vote for Wednesday, 1 October, after a leaders’ meeting, with Arthur Lira presenting the report and opening the amendment window.
• The proposal exempts monthly income up to R$5,000 and grants partial reductions up to R$7,350, with estimates pointing to roughly 10 million beneficiaries.
• Receita Federal projects a R$31.3 billion revenue impact in 2026, which the plan seeks to offset with new charges on the very highest earners.
• According to the relator’s draft, extra rates would start for annual incomes above about R$600,000 and reach 10% for those above R$1.2 million.
• Opposition blocs prepare floor amendments to delay compensation to 2027 or lift the exemption to R$10,000, while the Senate CAE advances an alternative bill led by Renan Calheiros.