Regulatory Alerts2024-04-17 | DOF 5723621Added
Decree adding provisions to the Federal Budget and Fiscal Responsibility Law
The decree adds Article 21 Bis, fraction V Bis, to the Federal Budget and Fiscal Responsibility Law, allowing the Secretariat to make additional contributions of financial assets or credit instruments to the Budgetary Revenue Stabilization Fund, provided Article 17 is met, while excluding social security worker contributions from being considered federal government financial assets. It also adds a final paragraph to Article 23, permitting budgetary adjustments to direct savings or economies in the federal government's debt financial costs to the Budgetary Revenue Stabilization Fund. The decree enters into force the day after its publication, requiring the Federal Executive to amend the law's regulations within 90 days and to modify the fund's operating rules and trust agreement within 90 days following the regulation amendments.
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