Overview

• Lawmakers will consider 63 partial vetoes to the new general licensing law (15,190/2025), including Lula’s rejection of single-phase approval for the Special Environmental License (LAE).
• Several legislators, including figures from the pro-government camp, say they intend to overturn most or all of the vetoes, according to interviews reported by Valor Econômico.
• Government leaders are negotiating with the agribusiness caucus to keep some provisions intact, with the possibility of a split outcome that preserves selected vetoes.
• A provisional measure regulating the LAE has 833 amendments and a rapporteur inclined to accept many of them, creating a pathway to reinsert contested language even if Congress upholds parts of the vetoes.
• The joint session will also take up the 2026 budget guidelines bill, whose report projects a R$34.3 billion primary surplus.