Another item that was the subject of discussion but on which no consensus was reached is the 96, which grants the Executive Power the power to modify the rates of the retentions. Despite the request of the opposition to remove it, it was not achieved. However, they trust that the House will have the votes to eliminate it.
the same Tuesday 25 will also begin the debate of the project in the Chamber of Deputies at 12:30. There is not expected to be a fourth intermission, so the session is expected to last about 20 hours.
The main modifications
“Trigger clause” for inflation
The government introduced a “trigger clause” in case inflation rises above 60%, to send a correction on how the resources will be distributed, given that it would also increase the collection.
“If as of August 31, 2023 the accumulated inflation rate exceeds the annual target by ten percent (10%) established in this Law, or if the income of the National Public Sector exceeds by ten percent (10%) those foreseen for the accumulated period, the National Executive Power will send a Complementary Law to Congress to determine a new calculation of resources and credits of the National Public Administration (APN) and the spending plan for the fourth quarter”, reads article 138 of the “Law of Laws”, proposed by Together for Change.
transport subsidies
It was one of the most sensitive points and most claimed by the governors. The Minister of Economy, Serge Massa, reached an agreement with the governors of the Norte Grande to increase the items allocated to subsidies for passenger transport in the interior. The amount will go from $66,000 million to $85,000 million “as a floor”. However, there are still claims and they point out that the amount is not enough.
Earnings deductions for education expenses
It’s about a Earnings discount of up to 40% of educational expenses, including private school fees. It includes, in addition to private school fees, school expenses, such as books and study materials.
Prepaid and social works
The Budget raises a contribution of 15% on the total that workers pay as a differential for special health planswhich will be allocated to a redistribution fund to guarantee the benefits basic health for lower income sectors. From the opposition they warned that this could lead to an increase in the membership fee.
Debt with Cammesa
The provinces and municipalities will be jointly and severally liable for the debts that the energy supplier companies maintain with the wholesale company of distribution. The districts will have a period of six months to regularize said debtswhile the Secretary of Energy will establish a unit of homogeneous value measurement linked to transactions for consumption that ensures the value of the credit.
If the provinces do not comply with paying what is owed, the The Ministry of Economy may withhold the committed funds in the agreements of budget transfersbut without affecting the funds they receive from the sharing federal.
Destination of Profit funds to the Judiciary
In addition to the inclusion in the Budget of an article for the workers of the Judiciary to pay Earnings, there is another that defines the resource destination. The 102 stipulates that the proceeds will have as purpose, after the debits corresponding to the co-participation, reinforce the Progresar program and the equipment and creation of a specific program to combat insecurity in the city of Rosario, Santa Fe.
Source: Ambito
David William is a talented author who has made a name for himself in the world of writing. He is a professional author who writes on a wide range of topics, from general interest to opinion news. David is currently working as a writer at 24 hours worlds where he brings his unique perspective and in-depth research to his articles, making them both informative and engaging.
