Key Benefits:
The Senate and Chamber of Deputies of the Argentine Nation assembled in Congress, etc. sanction with force of Law:
ARTICLE 1 Replace article 2 of Law 23,427 and its amendments to the fund for education and cooperative promotion, with the following:Article 2: The Fund for Cooperative Education and Promotion shall be integrated with the following resources:
(a) With the specific budget allocations allocated by the budget law of each year to the National Institute of Association and Social Economy (INAES);
(b) With the resources of the special contribution provided for in Title II of the present Law which correspond to the Nation in accordance with article 23 (a) and last paragraph;
(c) With the sums that cooperatives donate from the cooperative education and training fund provided for in article 42, paragraph 3, of Law 20,337;
(d) The proceeds of fines, interests, refunds and other income resulting from the administration of the fund.
ARTICLE 2 Amend article 23 of Law 23,427 in its last paragraph, which shall read as follows:The increase in the collection of the special contribution resulting from the increase in the rate from 1 per cent to 2 per cent will be allocated to the fund provided for in article 2 of this Act.
Article 3 Contact the Executive.IN THE SESSION OF THE ARGENTINE CONGRESS, IN GOOD AIRES, TO THE FIFTH DAYS OF THE OCTOBER OF THE YEAR TWO MIL TRES.
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EDUARDO O. CHANGE. . JOSE L. GIOJA. . Eduardo D. Rollano. . Juan Estrada.