Photo: Andressa Anholete/Agência Senado
Photo: Andressa Anholete/Agência Senado
The bill was presented by the president of the CAE (Committee on Economic Affairs), Senator Renan Calheiros (MDB-AL), as a complement to Bill 1,087/2025, which exempts those earning up to R$ 5,000 (US$940) per month from Income Tax and increases taxation on high incomes.
In practice, it revives points from the Provisional Measure that proposed tax increases to bolster government coffers and ensure compliance with fiscal targets for 2026.
Senator Eduardo Braga (MDB-AM) attempted, during the period in which the matter was under review, to reach agreements to guarantee its approval in the Committee on Economic Affairs and, especially in the Chamber of Deputies, where there is more resistance to increasing the taxation of the so-called ‘Bets’.
He met with the Minister of Finance, Fernando Haddad, and the President of the Senate, Davi Alcolumbre. Eduardo Braga even stated that the matter might not be voted on if the government "doesn't do its homework." He points to the effective fight against illegal betting as its "homework."
Given the absence of the author of the bill and the rapporteur, it is speculated that the government has not done its "homework" to present solutions for the definitive blocking of illegal betting websites.
Moreover, Chamber President Hugo Motta (Republicanos–PB) reportedly indicated that, in its current form, the text is unlikely to move forward in the House. The opinion drafted by Senator Eduardo Braga (MDB–AM), rapporteur in the Committee on Economic Affairs (CAE), was presented to Motta by Senate President Davi Alcolumbre (União–AP), who stated that the Chamber will not vote on the proposal under the existing conditions.
Braga had been negotiating adjustments with the Ministry of Finance and with senators who opposed the new tax rates. The rapporteur even conditioned progress on the government presenting specific measures against illegal betting operators, which he considers essential to prevent licensed companies from shifting into irregular activity.
Even so, Braga stated that he made some changes to his report, read on the 4th, to address some issues related to the increased taxation of bets. The new report should be presented as soon as a new session of the Economic Affairs Committee is scheduled. The CAE regularly meets on Tuesdays, and the committee chairman has indicated that he may put it on the agenda for November 25th.
Source: GMB
