As anticipated by Solar Channel, The MP 1,118 would need to be voted on by this Tuesday (27) to not lose its validity.
Despite having assured that the provisional measure would be assessed within the deadline, Rodrigo Pacheco (PSD/MG), president of the Senate, canceled the deliberative session this Monday (26) and called a new session for October 4th, at 4pm to analyze MP 1,119/2022.
With the cancellation of the session, MP 1,118/2022, which suspends tax credits on zero-rate fuel, will “lapse”.
According to the Executive Branch, the MP avoids legal uncertainty caused by Complementary Law 192, of 2022. The MP was approved in August by the Chamber of Deputies in the form of a conversion bill.
Upon approval in the Chamber of Deputies, an article was included in the MP that postpones the deadline for the 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.