Argentina’s Javier Milei Sends Giant Deregulation ‘Omnibus’ Bill to Congress

Argentina's President Javier Millay submitted a major omnibus bill to Congress on Wednesday. If passed, this bill would implement fundamental reforms in a wide range of areas of the Argentine state.

Argentina Presidential Palace said The 351-page, 664-article law, titled “Law on the Foundations and Starting Points for Freedom in Argentina,” claims to “restore the economic and social order” recognized through the Constitution. did. The agency said it is “firmly determined to immediately use appropriate means to combat the adverse factors that threaten the freedom of the Argentine people.” interfere with the proper functioning of the market economy; And that is the cause of poverty in the country. ”

argentinian law It empowers the country's representatives, senators, president and citizens to submit bills to Congress for corresponding examination and debate.

of invoiceThe bill reportedly includes “two-thirds” of Millais' total reforms for Argentina, including economic, fiscal, public finance, social security, security, defence, customs, energy, sanitation, We are calling for a declaration of a state of public emergency in the government and society. The matter runs until December 31, 2025, and the executive board can extend its term by up to two years.

This bill supplements the Order of Emergency Necessity (DNU). signed Millais last week amended or abolished more than 350 socialist policies.invoice formalize Some of DNU's content is codified; It contains Topics that cannot be covered by executive orders, such as criminal penalties, taxes, and election issues.

Millay announced If parliament rejects the DNU, he said he would call a referendum to approve it.

Regarding national reforms, the bill will support the oil company YPF, argentina airlines Airlines, Nation Bank Banks, Telem News Agency, water company AYSA, and Ferrocariles Argentinos Railway company. It also proposes that the Argentine state would no longer be able to regulate fuel, electricity and gas prices.

This proposal includes articles such as: Forbidden Using the word “free” for benefits and services that are paid for with taxpayer money.

upon tax, the bill includes provisions that allow individuals or entities to regularize up to $100,000 in cash, real estate, assets, or cryptocurrencies without paying taxes. The document proposes a new comprehensive system to regularize taxes, customs duties and social security obligations, abolishing existing taxes such as: tax Currently, it is imposed on those who sell real estate purchased after 2018.

This bill also lose Argentine nationals or residents returning from flights bringing products for personal use worth more than $500 are subject to a 50 percent customs duty.

Regarding education, this bill fix The functions of Argentina's public universities allow them to charge tuition and other fees even to foreigners not residing in Argentina, and that education at public universities is available to “all Argentine citizens or any Argentine citizen; Tuition will continue to be free for all foreign nationals.” Permanent residence in that country. ”

Other education-related suggestions: implementation A required final test for high school students before they graduate that “measures the learning they have acquired and the abilities they have developed.” Teachers are required to revalidate their skills and knowledge every five years based on criteria determined by the corresponding authorities.

The bill proposes major changes to Argentina's criminal code. Expanding Amend the definition of “legitimate defense” and remove penalties for using a weapon in self-defense. It also becomes self-defense if someone “sees a stranger in his home or on premises where he was lawfully staying or working if there is resistance or signs that may lead to a presumption of imminent invasion.” It is clearly defined.”

The proposal would increase penalties for those who “interfere with or disrupt the normal functioning of land, water, or air transportation, public communications, water, electricity, or energy services without creating a common dangerous situation.” It is an object. A person who coerces others to participate in a protest.

another change Judges will be required to wear black robes and gavels when conducting trials.

At the electoral level, the bill proposes to abolish Argentina's mandatory PASO open primary system. process Introduced in 2009, all political parties must participate in determining candidates for elections.

of change According to the Argentine government, it will be at the parties' expense to choose their candidates as they see fit, rather than at Argentine taxpayers' expense.

In addition to other election-related changes, the bill also proposes changes to the total number of House members and how they are selected. Currently, members are elected according to the number of votes their corresponding party receives in a state. The proposed changes would introduce “single-nominal circuits” similar to the U.S. system, allowing each circuit to elect its representatives independently.

Martin Menem, Speaker of the Argentine House of Representatives, Said infobae A corresponding committee is expected to be established by the end of the week to begin the legislative process. Menem added that Argentina's ministers and relevant officials will be in Congress from the first week of January to “explain the importance of moving forward with these reforms.”

“Everyone needs to understand that Argentina not only doesn't have money, but also time.”

Both houses of Argentina's parliament will also have to debate and debate whether to approve the DNU, which Mr. Millay signed last week.

Christian K. Caruso is a Venezuelan writer who chronicles life under socialism. You can follow him on Twitter here.



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