Law No. 1.530 establishing the Green Tax on the Circulation of Goods and Services (ICMS) in the State of Acre. Country/Territory Brazil Territorial subdivision Acre Document type Legislation Date 2004 Source FAO, FAOLEX Subject Wild species & ecosystems Keyword Protected area Protection of habitats Tax/levy Ecosystem preservation Biodiversity Indigenous peoples Geographical area Amazonia, Americas, Latin America and the Caribbean, North Atlantic, South America, South Atlantic Entry into force notes This Law enters into force 60 days after its publication. Abstract This Law, consisting of 8 articles, establishes the Green Tax on Circulation of Goods and Services (ICMS) within the State of Acre, allocating 5% of the collection of this tax to municipalities with environmental conservation units. It prescribes that the municipalities must register the environmental conservation units with the state authority responsible for the management of environmental resources. The distribution of 5% of the ICMS Tax will be made equitably, by observing the sizes and the number of environmental preservation areas in the geographical area of each municipality. The technical criteria for allocating resources from the ICMS Tax shall be defined by the state entity responsible for the management of environmental resources, through a Decree of the Executive Branch, within 60 days from the date of this Law. The percentages for each municipality will be calculated annually by the state entity responsible for the management of environmental resources. Full text Portuguese Website www.icmsecologico.org.br References - Legislation Implemented by Decree No. 4.918 regulating Law No. 1.530 which allocates 5% of ICMS to municipalities that protect biodiversity and implement sustainable development, health and education projects. Legislation | Brazil | 2009 (2010) Keyword: Protected area, Protection of habitats, Tax/levy, Ecosystem preservation, Biodiversity, Traditional rights/customary rights, Indigenous peoples Source: FAO, FAOLEX