News of the Legislative nº01 - The Bill of the Senate 138/2009

We present our first newsletter "News of the Legislative". The objective is to show, monthly, the main activities of the National Congress focused on the economy. To this end, we are following the work of the CAE - Committee on Economic Affairs of the Senate and the CDEICS - Committee on Economic Development, Industry, Commerce and Services. Both CAE and CDEICS review all bills that may have some economic impact. The CAE is formed by 27 senators with 27 substitutes; CDEICS is composed of 18 full members with 18 substitutes. For further information, see bit.ly/2zXp3xk (CAE) and bit.ly/2z8Wk5m (CDEICS).

In October, the Senate Bill (PLS) 138/2009 was presented to the CAE, which adds art. 2A-A to Law 10.214 of March 27, 2001. This PLS provides that bank tickets may be paid at any bank branch, even after the expiration date. According to the author of the PLS, Senator Antônio Carlos Valadares (PSB / SE): "The purpose of this bill is to prevent the consumer from having to travel to the branch of the bank that issued the banking block in case of payment after the date of the maturity of the security. There is no justification for the consumer having to face huge queues and waste time if he could pay the bank block at any branch. "

The PLS was approved by a final decision [1] and forwarded to the Chamber of Deputies. As of the date of writing (21 \ 11 \ 2017) no number has been designated for this bill in this legislative house.

It is perceived that the intention of this project would be to facilitate the access to the payment for those who, by chance, have left the deadline to clear their accounts. Initially this action could benefit citizens in this situation. And, according to Senator Valadares, the Brazilian banking system has the necessary structure to make that happen.

However, it is unclear whether this bill will entail additional costs for both the consumer and the banking institutions, as this process is already possible within the due date of the ticket. If approved by the Chamber of Deputies and sanctioned by the Presidency of the Republic, the modification of the law will enter into force in 90 days.

Maurício L. Fronzaglia

Lucas Sampaio de Melo

Pedro Winnycius Caran

[1] According to the website of the Senate Federal, final decision "It is that taken by a commission, with value of a decision of the Senate. Once approved by the commission, some projects do not go to Plenary, they are sent directly to the Chamber of Deputies, sent to sanction, promulgated or filed. Only the Senate Plenary will vote if an appeal for this purpose, signed by at least nine senators, is presented to the President of the House. After the vote of the committee's opinion, the deadline for lodging an appeal for the consideration of the matter in the Senate Plenary is five working days. " bit.ly/2zXZbl6. Accessed on November 21, 2017.