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    HomeGreen InfrastructureCircular EconomyVetoes Overturned on the Recycling Incentives Law | Perspectives & Events

    Vetoes Overturned on the Recycling Incentives Law | Perspectives & Events

    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…

    Read the full article originally published at www.mayerbrown.com.

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