MP 1.118/2022 (Provisional Measure 1.118/2022) is expected to be voted on this week by the Federal Senate. The MP, reported by Senator Acir Gurgacz (PDT-RO), was approved in August by the Chamber of Deputies.
The proposal's main objective is to amend Complementary Law No. 192, of March 11, 2022, which defines the fuels on which ICMS will be levied only once.
Upon approval in the Chamber of Deputies, an article was included in the MP that Postpones the deadline for entry into operation of enterprises that wish to maintain the TUSD/TUST discount. The term, which was previously 48 months, will now be 72 months.
With this, GC (centralized generation) enterprises that operate in the ACR (Regulated Contracting Environment) and ACL (Free Contracting Environment) that requested a grant by March 2nd of this year will be able to start the operation of all their generating units in the period of up to 72 months, counting from the date of issuance of the grant. In this way, these enterprises will have the right to discount transmission and distribution tariffs.
Deadline for voting
MP 1.118 must be voted on by Tuesday (27), otherwise it will lose its validity. According to Rodrigo Pacheco (PSD/MG), president of the Senate, this deadline will be met.
“Within the deadline set for these provisional measures, we will designate a Senate session to do so during the month of September, with the specific scope of the pending provisional measures. We have already appreciated many, there are still a few left, we will appreciate them within the deadline”, stated Pacheco.
