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Law No. 11.002 creating the State Fund for Financing Works and Strategic Infrastructure for the Development of the State of Espírito Santo.

Country/Territory
Brazil
Territorial subdivision
Espírito Santo
Document type
Legislation
Date
2019
Source
FAO, FAOLEX
Subject
Agricultural & rural development, Environment gen., Water
Keyword
Special fund Waterworks Legal proceedings/administrative proceedings
Geographical area
Amazonia, Americas, Latin America and the Caribbean, North Atlantic, South America, South Atlantic
Entry into force notes
This Law enters into force on the day of its publication.
Abstract

This Law establishes the State Fund for Financing Works and Strategic Infrastructure for the Development of the State of Espírito Santo. The Fund is aimed at raising and applying resources, in order to provide financial support and to assist improvements in the strategic infrastructure for the development of works in the State of Espírito Santo. In addition, the Fund is linked to the State Secretariat for Transport and Public Works (SETOP) and has financial and accounting nature, with the purpose of promoting, in a complementary way, financial resources to support actions and works in the State. The State Fund will be formed by the following sources: resources from the retroactive installments of the agreement signed between the ANP and PETROBRÁS to resolve the question concerning the Parque das Baleias, dealt with State Law No. 10.979 of 13 February 2019; income from financial investments of its resources; other sources of revenue.

Full text
Portuguese
Website
www3.al.es.gov.br