The Senate approved the bill that suspends Rio Grande do Sul’s federal debt payment plan, the text on municipalities' payroll tax exemption is ready, and the Joint Budget Committee intends to vote on the LDO by July 9

BRAZIL POLITICS - Report 16 May 2024 by Murillo de Aragão and Cristiano Noronha

Yesterday, May 15, the Senate plenary approved PLP 85/2024, which authorizes the suspension of Rio Grande do Sul's debt for three years. The bill was presented on Monday, May 13, by the federal government. According to Senator Efraim Filho (União Brasil/PB), the text on municipalities' payroll tax exemption is ready. The matter should be discussed today, May 16. The Congressional Joint Budget Committee intends to vote on the final report of the draft Budget Guidelines Law (LDO) of 2025 (PLN 3/24) by July 9. The rapporteur of the text is Senator Confúcio Moura (MDB-RO).

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