Senate Approves Aid for Agriculture and Excludes "Jabutis" on Vapes and Duty-Free Shops
Senate approves MP for renegotiation of rural debts without "jabutis" on vapes, duty-free shops, and real estate debts, which were included by the Chamber of Deputies.
TL;DR
- Senate approved Provisional Measure 1.376/2026 for rural debt renegotiation due to extreme climate events (2019-2025).
- Unrelated provisions ("jabutis") concerning vapes, free shops, and real estate debt, added by the Chamber of Deputies, were excluded.
- Producers with at least 30% loss of expected gross agricultural income are eligible.
- Collective loss assessments are permitted for micro, mini, small, and medium producers.
- Repayment terms include up to 8 years, with interest rates of 6% (Family Agriculture), 9% (Medium Producers), and 12% (Other Producers) annually.
- Producers with losses in three or more harvests may have repayment terms extended up to ten years.
- Concerns were raised by senators about the potential risks of electronic cigarettes to public health, supporting their prohibition.