Bill establishing a 17% ceiling for ICMS tax on products such as fuel and electricity shall be voted on Wednesday, the proposal’s rapporteur in the Lower House, lawmaker Elmar Nascimento, said in an interview.
- House of Representatives speaker Arthur Lira had said the vote would be held this Tuesday
- Report hasn’t been presented yet because the rapporteur is still discussing possible changes to the original text with States and Govt
- Lawmaker Danilo Forte, author of the proposal, said earlier that, the project’s approval and application could reduce gasoline prices from 9% to 12%; 10% reduction for ethanol and 11% in ...