The Senate approved a bill of conversion (PLV 27/2021) of the Provisional Measure (MP) 1.063/2021 on December 8. The measure would allow ethanol producers to sell directly to the final resellers. There were 71 votes in favor and no votes against it. The measure goes now to the presidential sanction to be analyzed within 15 working days. The approved text incorporates excerpts from MP 1.069/2021, opening the doors for gas stations and resellers (cooperatives, companies, and importers). Still pending vote, this measure will allow the anticipation of the rules of MP 1,063, which also involves the payment of income tax (PIS/Cofins). The measure is the same approved in Brazil’s lower house when deputies withdrew the permission of ethanol sale from several suppliers. Resale of gasoline and hydrous ethanol will be allowed outside the authorized establishment in the city where the reseller is located.
Source: Jornal Cana (*Translated by Ia Niani)