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ARTICLE · 16 AUGUST 2022

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Vetoes Overturned On The Recycling Incentives Law

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On August 5, 2022, the National Congress overturned presidential vetoes of Federal Law No. 14,260/2021 (Recycling Incentives Law), which had been originally published...

BrazilEnvironment

On August 5, 2022, the National Congress overturned presidential vetoes of Federal Law No. 14,260/2021 (Recycling Incentives Law), which had been originally published in the Federal Official Gazette on December 9, 2021. It should be noted that the Recycling Incentives Law establishes tax incentives and benefits to be adopted by the federal government in relation to projects that stimulate the recycling production chain in order to encourage the use of raw materials and inputs of recyclable and recycled materials, based on provisions of Federal Law No. 12,305/2010 (National Solid Waste Policy).

With the overturning of the vetoes, the number of recycling incentives has grown beyond existing provisions such as the Investment Funds for Recycling Projects (Fundos de Investimentos para Projetos de Reciclagem - ProRecicle), whose resources will be allocated to projects established in law, and the National Commission for Recycling Incentives (Comissão Nacional de Incentivo

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This article provides information and comments on legal issues and developments of interest. The foregoing is not a comprehensive treatment of the subject matter covered and is not intended to provide legal advice. Readers should seek specific legal advice before taking any action with respect to the matters discussed herein.

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