CMN Resolution No. 5147 — Adjusts rules applicable to the prohibition of enrollment in the Agricultural Activity Guarantee Program (Proagro) for enterprises with recurrent losses

RESOLUTION NO.

CMN RESOLUTION NO.
5,147, OF JUNE 28, 2024

The current text of the MCR can be found at the following electronic address:
www3.bcb.gov.br/mcr.

Adjusts rules applicable to the prohibition of enrollment of enterprises with recurrent losses in the Agricultural Activity Guarantee Program – Proagro.

The Central Bank of Brazil, in accordance with art. 9 of Law No. 4,595, of December 31, 1964, makes public that the National Monetary Council, in a session held on June 26, 2024, considering the provisions of arts. 59, 65-A and 66-A of Law No. 8,171, of January 17, 1991, and of art. 4 of Decree No. 175, of July 10, 1991,

R E S O L V E D:

Art. 1. Section 2 (Enrollment) of Chapter 12 (Agricultural Activity Guarantee Program – Proagro) of the Rural Credit Manual (MCR) shall enter into force with the following alterations:

“16

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h) an enterprise whose CPF/CNPJ numbers of the beneficiary(s) of the operation or of the Rural Environmental Registry (CAR) of the rural property are linked to enterprises that had the number of loss notifications greater than or equal to that established in item 16-A, consecutively or not, in the period of five agricultural years prior to the agricultural year in which the enrollment was requested, observed that, for the purposes of this item:

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VI

• in the 2024/2025 agricultural year, enterprises of rice, summer beans, horticulture, and those related to permanent crops shall not be subject to the prohibition;

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(NR)

“16-B

• For the purposes of items “b” and “c” of item 16-A, loss notifications made between April 30, 2024, and June 30, 2024, related to enterprises located in municipalities of the state of Rio Grande do Sul, with a declaration of emergency situation or state of public calamity in the period from April 30 to May 20, 2024, recognized by the federal government, due to floods, inundation, heavy rains, flash floods, gales, landslides, or floods, shall not be counted.” (NR)

“16-C

• When it concerns a rural property exploited independently by more than one family production unit, the enterprise whose CAR reaches the limits of loss notifications established in item 16-A may be enrolled in Proagro, at the discretion of the agent, provided that the following conditions are cumulatively observed:

a) verification by the agent that the rural property corresponding to the CAR is exploited independently by more than one family production unit, with valid and distinct DAP or CAF;

b) the enterprise has as beneficiary one of the family production units referred to in item “a”;

c) the beneficiary has contracted at least one agricultural operating credit operation linked to the CAR of the rural property in the five agricultural years prior to enrollment;

d) enrollment must be authorized by the director of the financial institution responsible for the rural credit area;

e) this item does not apply to the beneficiary whose CPF/CNPJ number is prevented from enrolling in Proagro due to the provision of item “h” of item 16.” (NR)

“16-D

• The obligation to enroll in Proagro, as provided in item 4, is waived, at the discretion of the agent, for the agricultural operating credit operation destined for enterprises prevented from accessing Proagro due to the provision of item “h” of item 16, observed the following conditions:

a) the contracted operation must respect the planting calendar of Zarc; and

b) in the event of eventual loss due to meteorological adversity, the operation may only be subject to extension or debt renegotiation after prior reclassification by the financial institution to a non-controlled source of resources.” (NR)

Art. 2. Item 14 of Section 9 (Agricultural Activity Guarantee Program for Family Agriculture – Proagro Mais) of Chapter 12 of the MCR is revoked.

Art. 3. This Resolution enters into force on July 30, 2024.

ROBERTO
DE OLIVEIRA CAMPOS NETO
President of the Central Bank of Brazil