One-Third of This Year's Oil Auction Revenue Should Go to States and Municipalities

One-Third of This Year’s Oil Auction Revenue Should Go to States and Municipalities

Written by Renato Oliveira

Published on 06/06/2019 at 01:00

Updated on 05/06/2019 at 20:27

Texto do orçamento aprovado

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Budget That Requires The Federal Government To Transfer 30% Of What Is Collected In The Oil Auctions Still To Take Place This Year Has Been Approved And Will Now Go To Vote In The Plenary

On Tuesday, 04/06, the Chamber of Deputies approved the text that provides for States, the Federal District, and municipalities to receive part of the funds from the auction of the excess oil from the pre-salt in the Santos Basin.
Deputy Carlos Henrique Gaguim (DEM-TO) partially changes the distribution of pre-salt resources but kept the base text forwarded by the Senate.

Carlos Henrique also requested that the federal government, with part of the collected amount, compensate Petrobras for losses from the variation in oil prices related to the onerous assignment contract in the Santos Basin.

ARTICLE CONTINUES BELOW

Processing Of The Proposal

Approval of the text of the proposal by the Chamber Plenary is still pending, where it must be voted on in two rounds.
The proposal should be split in the plenary into two parts; one part, which addresses the amendments, if approved, will go to promulgation.

Meanwhile, the sections on the distribution of pre-salt resources will be sent to the Senate in the form of a new PEC. Constitutional amendment proposals can only become reality if the version approved by both Houses is the same.

One-Third of This Year’s Oil Auction Revenue Should Go to States and Municipalities

Budget That Requires The Federal Government To Transfer 30% Of What Is Collected In The Oil Auctions Still To Take Place This Year Has Been Approved And Will Now Go To Vote In The Plenary

Processing Of The Proposal

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One-Third of This Year’s Oil Auction Revenue Should Go to States and Municipalities

Budget That Requires The Federal Government To Transfer 30% Of What Is Collected In The Oil Auctions Still To Take Place This Year Has Been Approved And Will Now Go To Vote In The Plenary

Processing Of The Proposal

Mayor orders wireless network turned off in municipal schools due to fear of electromagnetic radiation in children, replaces connection with Ethernet cables, and transforms small Italian city into a symbol of technological panic.

Goodbye traditional washing machine: Xiaomi surprises and launches an ultra-slim version with 27 programs, 3D water flow, steam sterilization, app control, enlarged drum, and a silent system with double suspension

An entire country within the mountains is selling water to Africa’s largest economy: Lesotho builds dams, tunnels, and bridges at an altitude of 2,000 meters to send more than 1.27 billion m³ per year to Johannesburg

With an 88-meter wingspan, a capacity of 250 tons, six engines, and 32 wheels, the Ukrainian giant became the greatest symbol of extreme air transport and one of the most impressive machines in aviation history.

Toyota ends the Diesel era: new Hilux with up to 380 km of urban range brings 196 hp, 59.2 kWh battery, 4×4 traction and 715 kg of load capacity

Magalu has a clearance sale on JBL Boombox 4 with 210W of power, 34-hour battery, and 3-way system.

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