LEI Nº 12.833, DE 20 DE JUNHO DE 2013. | LEI Nº 12.833, DE 20 DE JUNHO DE 2013. — Brazil law | Esheria

LEI Nº 12.833, DE 20 DE JUNHO DE 2013.

The Union is authorized to subsidize certain financing operations, subject to the article’s limits and conditions.

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Jurisdiction
Brazil
Instrument
Act or statute
Citation
LEI Nº 12.833, DE 20 DE JUNHO DE 2013.
Version
Undated source snapshot
Language
pt
Official source
View official record ↗
airport funding airport operations apoio a desastres naturais asset transfer bond issuance commencement contract terms equalização de taxas de juros financial administration financial instruments financiamento financing subsidies government contracting government lending investment of public funds loan allocation public airports public finance public financing public funding management public funds public procurement public works funding public works procurement +5 more

Statute overview

About this statute

The Union is authorized to subsidize certain financing operations, subject to the article’s limits and conditions. A federal public body may provide telecom services needed for the events, using its own instrument; bidding is dispensable for contracting Telebrás or a company it controls to do those services. The law is amended to direct 25.24% of the specified share to airports and regional or state aerodromes, and to use that share as financial support for PROFAA. A União está autorizada a conceder crédito à Caixa Econômica Federal e, se necessário, emitir títulos públicos para cobrir esse crédito, dentro do limite de R$ 7 bilhões e das condições definidas pelo Ministro da Fazenda. A União fica autorizada a conceder subvenção econômica ao BNDES e ao BNB, na forma de equalização de juros, para certos financiamentos vinculados a capital de giro e investimento.