The Senate Plenary approved on Wednesday (9) a special calendar request for the processing of the Proposed Amendment to the Constitution (PEC) 154/2015, which creates the National Regional Development Fund. The proposal, by Senator Walter Pinheiro (PT-BA), destines part of what is collected with the repatriation of resources for the creation of the fund.

The PEC also creates a compensatory fund for the states, with a duration of eight years, aiming at the unification of the rates of the Tax on Circulation of Goods and Services (ICMS).

Repatriation of resources

The matter should be included in the agenda for the deliberative session next Tuesday (15) and be considered in the agenda that also provides for the vote on the project that regulates the return of funds held abroad that have not been declared to the Federal Revenue (PLC 186 / 2015).

The repatriation project is of constitutional urgency and its approval must guarantee the necessary resources for the constitution of the funds.

Source: Agência Senado (9/12)