Bolsonaro sanctions with vetoes project that transforms Pronampe into a permanent program

President Jair Bolsonaro (PL) signed this Wednesday (25) the bill that extends until the end of 2024 the allocation of resources for loans from Pronampe (National Program to Support Micro and Small Businesses).

The proposal was approved at the end of April in Congress and signed by Bolsonaro in a ceremony at Palácio do Planalto on Wednesday.

“The proposal seeks to establish better sustainability conditions for the National Support Program for Micro and Small Businesses (Pronampe) as an official permanent credit policy in the differentiated and favored treatment of the beneficiaries of this program and to improve the Credit Stimulus Program (PEC) “, said, in a note, the Planalto.

According to the government, the president vetoed part of the project that dispensed with the presentation of the Debt Clearance Certificate (CND) for loans. The justification is unconstitutional, since the Magna Carta prevents loans with public incentives to Social Security debtors.

“The legal entity in debt with the social security system, as established by law, will not be able to contract with the Public Power nor receive tax or credit benefits or incentives from it”, determines the Constitution.

The author of the bill is Senator Jorginho Mello (PL-SC), a pre-candidate for the government of Santa Catarina. He walked down the ramp to the event accompanied by the president.

The senator told journalists, at the end of the ceremony, that the funds will reach the banks within a week.

“I am very happy as president of the Parliamentary Front for Micro and Small Enterprises, [por ver que] effectively we are helping to keep the job, the one who sacrifices himself, has four employees and fires one, but he doesn’t give up. It is for these people that Pronampe has to reach”, he said.

With this new stage of Pronampe, the government expects to mobilize R$ 50 billion with new operations to be contracted by December 31, 2024 — a number already commented on in recent months by the Executive.

The law creates rules to allow the use of Pronampe, on a permanent basis, as an official credit policy.

The proposal authorizes the Union to increase, until December 31, 2021, its participation in the FGO (Fund Guarantee of Operations) from budget funds established by the LOA (Annual Budget Law), private donations, resources arising from external credit operations carried out with international organizations and parliamentary amendments by the commission and the rapporteur.

If the increase in the participation in the FGO occurs via extraordinary credit to face the economic and social effects of a public calamity, the resources must be segregated, to ensure that they are used exclusively for this purpose.

The granting of credit guaranteed with these resources must occur until December 31, 2021 and can be extended for up to 12 months. The amounts not used to guarantee operations contracted within that period and amounts recovered, even in the event of default, must be returned to the Federal Government and will be used to pay the public debt.

The project changes the law that created Pronampe to establish that the program is intended for micro and small companies, based on the gross revenue earned in the year immediately prior to that of contracting the credit.

The credit granted in the program will be up to 30% of the annual gross income calculated based on the year prior to the contract. For companies with less than a year of operation, the loan limit will be up to 50% of the share capital or up to 30% of 12 times the average of their monthly gross revenue calculated since the beginning of their activities, whichever is more advantageous .