Plenary of the Chamber of Deputies
(Reuters) – The Chamber of Deputies on Wednesday approved the conversion into law of Provisional Measure 1118, which nullifies the use of tax credits by fuel producers and resellers, leaving out the “jabuti” of tax on oil exports, according to the advice of the deputy rapporteur, Danilo Forte (União-CE).
Also left out of the text is a schedule for adding biodiesel to diesel by 2028 and further opening up to the free energy market. Both amendments were withdrawn by the rapporteur himself, due to lack of consensus with the deputies.
The text now goes to the Senate for a vote.
(By Rafaella Barros)
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