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Law No. 169 law of 9 of September of 2011 EVO MORALES AYMA President constitutional of the State multinational of BOLIVIA because, the Assembly Legislative multinational, has sanctioned the following law.
THE PLURINATIONAL Legislative Assembly DECREES: Modifications to the GENERAL budget of the State (PGE? 2011) article 1. (OBJECT). This law aims to approve amendments to the General budget of the State management 2011 and establish general rules for the application to the Public Sector entities.
Article 2. (ADDED REVISED BUDGET AND CONSOLIDATED 2011). Approves the amended budget of resources and expenditure for management 2011, amounting to a total aggregate of Bs3.271.453.344.-(three thousand two hundred seventy and a million four hundred fifty-three thousand three hundred forty and four 00/100 Bolivianos) and a consolidated Bs2.928.818.053.-(two thousand nine hundred twenty-eight million eight hundred eighteen thousand fifty-three 00/100 Bolivianos), according to Annex I. Article 3. (BUDGET CHANGES). It authorizes the executive organ through the ministries of Economics and public finance, and development planning, budgetary modifications of current expenditure and public investment according to annexes II and III.
Article 4. (ALLOCATION OF RESOURCES FOR INVESTMENT PROJECTS). Is authorizes of way extraordinary to them Governments autonomous municipal, allocate resources from of partnership tax and of the tax direct to them hydrocarbons, for the conclusion of projects of investment, channeled by the unit of projects special or those whose execution was committed with resources of donation of the Union of Nations South American.
Article 5. (TRANSFER OF RESOURCES FROM LOCAL COUNTERPART TO THE BOLIVIAN ROAD ADMINISTRATOR? ABC).
I. them Governments autonomous departmental, shall transfer or refund to the ABC, the resources corresponding to counterpart local of projects of investment, established in them contracts of loans.
II. in the event of non-compliance and in order to ensure the continuity and implementation of projects, as well as the payment of resources anticipated by the General Treasury of the nation, is authorized to the Ministry of economy and finance - GFSM perform automatic debit of the fiscal accounts of the autonomous State Government - GAD, at the request of the Bolivian road administrator - ABC duly justified.
Article 6. (ESTIMATION OF GAS NATURAL BY NETWORKS IN DOMESTIC MARKET SALES).
For purposes of application of article 56 of the law N ° 3058 of 17 May 2005, of hydrocarbons, Yacimientos Petrolíferos Fiscales Bolivianos, you will adjust the internal price billed by sales of natural gas distributed by residential, commercial, industrial networks and natural gas vehicles, up to the price set at control point; in accordance with regulations.
Article 7. (TRANSFERS OF YPFB BY CORPORATE SOCIAL RESPONSIBILITY). It is authorized to deposits oil Fiscales Bolivianos headquarters, transfers of resources to institutions public or private in the framework of corporate social responsibility, in order to facilitate their investments. This provision will be regulated by Supreme Decree.
Article 8. (PROCEDURE IN JUDICIAL CONTINGENCIES). Amending paragraph III of the article 32 of the law Nº 062 of the General of the State budget - PGE 2011, with the following wording:? III. for the execution of expenditure obligations with court ruling, public entities, they need verifiable, quantifiable, and recorded in the financial statements duly audited information. The Servicio Nacional de Patrimonio del Estado - SENAPE does exempt from the presentation of financial statements, only in cases of dissolved and liquidated companies.?
Article 9. (FUND FOR THE ENDOWMENT OF INFRASTRUCTURE).
I. the resources generated by the sale of the goods mentioned in the following paragraphs, shall be paid at the single account of the Treasury, in order to constitute a fund administered by the Ministry of economy and finance - GFSM aimed at the provision and improvement of the infrastructure for the Executive branch of the central State level, with the exception of the Bolivian police and armed forces.
II. is permitted to the General Treasury of the nation through the Ministry of economy and finance and by means of the Servicio Nacional de Patrimonio del Estado - SENAPE, sell valuable consideration, goods that have given him, product of the process of liquidation of the Bank Sur S.A., Cochabamba S.A. and Bidesa S.A. III. We authorized Mayor liquidator of the Bank Sur S.A., Cochabamba S.A. and Bidesa S.A., for consideration, according to regulations, sell real estate that were not yet transferred to the General Treasury of the nation - TGN.
IV. the central level of the State executive organ, must regulate this article within one period not exceeding 60 days from the enactment of this Act.
Article 10. (COMPENSATION FOR LOSSES). Replace the article 48 of the law No. 843 (text ordered approved by Supreme Decree Nº 27947 on December 20, 2004), with the following text:? Article 48. When in a year there is a loss of Bolivian source, this may be deducted from taxable earnings maximum are obtained for up to three (3) years following. Will accumulated to be deducted losses not be updated?
In the case of new productive enterprises with a minimum capital investment of Bs1.000.000.-(one million 00/100 Bolivianos), losses may be deducted from taxable profits are obtained in the five (5) years immediately following the date of start of operations. This term also applies to deductions of losses by the mining and hydrocarbons sector. To be deducted accumulated losses will not be subject to updating.
Losses accumulated until the management of banking and financial intermediation institutions 2010, will be not deducted in determining net income for the following steps. The treatment of losses produced from 2011 management is governed by provisions of the first paragraph of this article.?
Article 11. (FINANCIAL OPERATIONS TAX). The provision contained in paragraph 2 of article 12 of the law N ° 2196 4 May 2001, is only applicable in securitization.
Article 12. (REVERSAL OF NATIONAL STRATEGIC PUBLIC ENTERPRISES CAPITAL CONTRIBUTIONS). Is granted to the Executive branch through the Ministry of economy and finance, using uncommitted resources of the contribution of capital allocated by the General Treasury of the nation? TGN at the service of development of those companies public productive? SEDEM, in order to finance projects of infrastructure, which will be channeled by the special projects unit.
Article 13. (BUDGET CHANGES IN AUTONOMOUS TERRITORIAL ENTITIES: GOVERNORATES AND MUNICIPALITIES).
I the requirements of approval of budget changes in autonomous territorial entities, presented by the maximum instance Executive deliberative instance maxim, that are not expressly rejected by the latter within a period of fifteen (15) calendar days, may be approved by resolution the maximum instance executive responsibility, and continue with the process inside your organization , to the Ministry of economy and finance and Ministry of development planning, as appropriate.
II. budget changes within the budget of an investment project that do not affect the objectives and goals of the project, may be approved by resolution the maximum instance executive responsibility, and continue with the procedure and registration in your state.
ONLY FINAL PROVISIONS.
I. the General Treasury of the nation? TGN and the National Regional Development Fund? FNDR, are exempted from the application of paragraph II, article 3 of law No. 2434 of 21 December 2002, having to pay its internal obligations of the relief program debt external HIPC II, in bolivianos, for the period between September 1 to December 31, 2011.
Empowers the Central Bank of Bolivia, convert to Bolivian internal obligations referred to in the previous paragraph, at the exchange rate of the Unidad de Fomento to housing - UFV to September 1, 2011, according to financial reconciliation Act.
Once the period referred to in paragraph I of this article, the Central Bank of Bolivia - BCB must convert the balances to Unidad de Fomento to housing - UFV to the exchange of January 1, 2012.
DEROGATORY PROVISIONS ONLY. Repealing article 10 of the law No. 50 of 9 October 2010, changes to the General budget of the State (PGE-2010).
Void other provisions contrary to this law.
Refer to the Executive Branch, for constitutional purposes.
Two thousand eleven is given in the room sessions of the Assembly Legislative plurinational, six days of the month of September in the year.
FDO. Rene Oscar Martinez Callahuanca, Flora Aguilar Fernández, Zonia guard Melgar, Carmen García M., Esteban Ramirez Torrico, Agripina Ramirez Nava.
I therefore enacted it is and meets as a law of the plurinational State of Bolivia.
Government Palace of the city of La Paz, to the nine days of the month of September of two thousand eleven years.
FDO. EVO MORALES AYMA, Carlos Romero Bonifaz, E. Viviana Caro Hinojosa, Luis Alberto Arce Catacora.
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