Arthur Lira charges Petrobras to contain fuel price increases – Prime Time Zone

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Chamber President says deputies have done their part by approving changes in the ICMS levy

Luis Macedo/Chamber of DeputiesChamber President, Deputy Arthur Lira (PP-AL), stated that parliamentarians took the first step to count the rise in fuel prices

The Speaker of the Chamber, Deputy Arthur Lira (PP-AL), charged the Petrobras this Thursday, the 14th, to contain the soaring price of fuelsand cooking gas. In a post on Twitter, the congressman cited the approval of changes in the collection of ICMS, a state tax, by deputies. “The Chamber took the 1st step to contain the rise in fuel prices. We changed the incidence of ICMS. We did our part and gave an answer to Brazil. Now, we wait for Petrobras. May gas and fuels be lighter in the tight pockets of Brazilians,” wrote Lira. The new directive approved by lawmakers on the night of Wednesday, 13, determines that the value of the ICMS be applied to the average price of fuel in the last two years, in what is seen as a way of making gasoline, for example, cheaper, which costs more than R$7 per liter in some states. The proposal was approved by 392 votes to 71, and all the proposed highlights were barred. The text went to debate in the Senate.

Currently, ICMS is calculated based on a reference price, the PMPF (weighted average price to the final consumer), which is reviewed every 15 days based on a survey carried out at the stations. Although governors did not increase rates during the pandemic, international appreciation has driven the price of gasoline e do diesel went up. With the new project, it is expected that an average of the last two years will be considered, that is, that it will become a fixed base, from which all States would apply their rates, defined from those they had on December 31 from the previous year. The rates will be defined annually and will remain in effect for 12 months. According to Lira and the project’s rapporteur, Dr. Jaziel (PL-CE), the price of gasoline should drop 8%, diesel 3.7% and ethanol 7%, although they have not explained how they made the calculation. The Brazilian Federation of Associations of State Tax Inspectors (Febrafite) calculates that Lira’s proposal would generate a loss of R$ 24 billion per year in the collection of states and municipalities. Governors and mayors demonstrated against the bill and tried to block the text in the Chamber, without success. State representatives support the proposal presented by Minister Paulo Guedes on the subject, with a focus on selling shares of state-owned companies to feed a fund to stabilize fuel prices.