The senator’s opinion aims to renegotiate debts of producers affected by climate events with a limit of R$30 billion
The senator (MDB-AL) presented this Wednesday (May 13, 2026) the report of the which authorizes the use of the Pre-Salt Social Fund to renegotiate agricultural debts. The text was presented at the CAE (Economic Affairs Committee) of the Senate. Here is the opinion on (161 kb – PDF).
The proposal authorizes the use of the Social Fund to finance the renegotiation of debts of rural producers affected by extreme weather events. The proposal establishes a global limit of . The resources can be used to pay off rural credit debts, CPR (Rural Product Notes) and other loans linked to agricultural activity contracted until December 31, 2025 — limit increased by the rapporteur in relation to the original version.
The financing will have a term of up to 10 years, with a 3-year grace period, and different interest rates depending on the producer’s profile: 3.5% per year for family farmers, 5.5% for medium producers and 7.5% for others.
According to the report, producers who can prove losses of at least 30% in two or more harvests, in addition to being in municipalities with a history of calamities, high rural debt or recurring production losses, will be able to access the credit line.
The proposal also determines that debts be recalculated without incurring fines and late payment interest. It also guarantees the producer the right to review values without suffering registration restrictions.
During the period of contracting the new financing, judicial and administrative collections of debts covered by the measure are suspended.
The resources will be operationalized by BNDES and other financial institutions, which will assume the risks of the operations.
The report expands the sources of financing by including, in addition to the Social Fund, surpluses from other public funds and resources to be defined by the Executive Branch. It also opens up space for a potential expansion of up to R$82 billion in the total volume of available resources.
In justification, Renan Calheiros states that the measure seeks to avoid economic collapse in regions affected by extreme weather events. The opinion cites a survey that estimates losses of R$732 billion in Brazil from 2013 to 2024 as a result of natural disasters.
For the rapporteur, the use of the Social Fund is compatible with current legislation and allows supporting the recovery of the agricultural sector without creating new permanent mandatory expenses.
suspended analysis
The text was adjusted to expand access to the program, define more objective criteria for proving losses and prevent infra-legal regulations from restricting the application of the future law.
After the presentation of the favorable opinion with amendments, the analysis of Renan’s vote was suspended with the senator’s request for a review. (PP-MS) and will be resumed on the 3rd (May 19, 2026).
