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yesterday

Chamber Signals Next-Week Vote on Tax-Benefit Cut Bill Tied to 2026 Surplus

Finance officials say passing the measure would guarantee a primary surplus next year.

Presidente da Câmara diz que arcabouço fiscal do governo Lula permite mais flexibilidade do que o antigo teto de gastos.
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Overview

  • Executive secretary Dario Durigan said approval of PLP 128/2025 would close the 2026 budget and ensure a surplus.
  • Hugo Motta indicated the Chamber expects to vote next week, with the agenda to be set at the college of leaders meeting.
  • The proposal mandates minimum reductions of 5% in 2025 and 5% in 2026, targeting a 10% cut to private-sector incentives with sectoral variation allowed.
  • Durigan estimated the fiscal gain at slightly under R$20 billion because parts of the text include noventena provisions that delay effects.
  • Aguinaldo Ribeiro was named rapporteur for the bill authored by Mauro Benevides Filho, which preserves incentives for constitutional regional funds, non-profits, free trade zones, scholarship programs and basic-basket items.