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Rio Assembly Delays Vote on Maracanã Asset-Sale Bill After Wave of Amendments

CCJ plans a revised text next week to pursue up to R$6 billion for Rio’s 2026 fiscal relief.

Overview

  • The Alerj pulled the single-discussion vote on Nov. 12 after the bill drew roughly 80 amendments, forcing the proposal back to the Constitution and Justice Committee.
  • Relator Alexandre Knoploch proposed adding the Engenhão site, the Novo Rio bus terminal, Central do Brasil and other terminals, with proponents citing potential proceeds of about R$5–6 billion.
  • Opposition amendments seek to remove the Maracanã complex and the Aldeia Maracanã from the list, invoking federal heritage protections and the indigenous occupation’s social and legal disputes.
  • Complex existing contracts remain in place, with Flamengo and Fluminense holding concessions for the Maracanã stadium and arena until 2044 and Botafogo managing Engenhão under a municipal concession, while the Engenhão land is state property.
  • The CCJ had previously expanded the executive’s original list from 48 to 62 assets, and leaders now aim to finalize a new version for a plenary vote targeted for Nov. 19.