The Supreme Court scheduled for this Wednesday (May 6) the judgment of a law that changes how oil royalties are distributed among states and municipalities. The law has been suspended for 13 years by an injunction from Justice Cármem Lúcia. The Attorney General's Office requested to maintain the current rules.
The law approved in 2012 changed the distribution of oil royalties, reducing the share for producing states and municipalities and expanding the share for non-producers from 7.5% to 49% of revenues. The regulation was suspended by Justice Cármem Lúcia in 2013, just three days after its publication, and has remained suspended for 13 years.
The judgment is scheduled for Wednesday (May 6) at the Supreme Court
Justice Cármem Lúcia granted an injunction suspending the law in 2013
Covered by only some sources, or where the accounts diverge.
Covered by only some sources (4)
The estimated loss for Rio de Janeiro would be R$ 21 billion annually
Non-producing states would be entitled to 49% of revenue, compared to 7.5% currently
No gaps declared — all sources converge on the material facts.