Law 160 Of November 3, 2015 - Amendments To The Act 219 Of December 23, 2014 And Changes To The Budget Forecast Of The State And Of The Broader Public Sector Entities For The Financial Year 2015

Original Language Title: Legge 3 novembre 2015 n.160 - Modifiche alla Legge 23 dicembre 2014 n.219 e variazione al Bilancio di Previsione dello Stato e degli Enti del Settore Pubblico Allargato per l’esercizio finanziario 2015

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Read the untranslated law here: http://www.consigliograndeegenerale.sm/on-line/home/archivio-leggi-decreti-e-regolamenti/scheda17145248.html

Microsoft Word - L160-2015.doc SAN MARINO We the Captains Regent of the Most Serene Republic of San Marino Having regard to Article 4 of the Constitutional Law no.185 / 2005 and Article 6 of Qualified Law n.186 / 2005; We promulgate and publish the following ordinary law approved by the Great and General Council at its meeting on October 29, 2015: Law 160 of November 3, 2015 December 23, 2014 AMENDMENTS TO THE LAW 219 AND CHANGES TO THE FORECAST STATE BUDGET AND ENTITIES OF BROADER PUBLIC SECTOR fOR tHE FINANCIAL YEAR 2015 Art.1 (Changes to the State Budget) 1. pursuant to Article 25 of Law 30 of February 18, 1998, in compliance with resolution of the Congress of State # 1 of 30 in September 2015, it has approved the framework of the change to the State Budget for the financial year 2015 (Appendix "a") referred to in Article 1 of Law 219 of December 23, 2014, which is amended as follows: State of forecast 'Entry Title 1-tax revenues € 405,547,200.00 Title 2-revenue extratributarie € 68,451,766.49 Title 3-alienation, depreciation of assets and debt repayments of € 3,893,000.00 Title 4-revenue from' out loans € 47,710,266.77 Title 5-Matches around € 39,845,636.17 Total € 565,447,869.43 General revenue forecast State of Output Title 1-Ongoing charges € 454,268,787.76 Title 2-charges capital € 62,634,650.69 Title 3-repayment of loans € 8,698,794.81 Title 4-Matches around € 39,845,636.17 Total General Expenses € 565,447,869.43 Art.2 (the Budget of 'AASLP) 1. pursuant to Article 25 of Law 30 of February 18, 1998, in compliance with resolution of the Board of Directors on 1 September 29, 2015, has approved the framework of the change to the Company's Annual Forecast Autonomous State for Public Works for the financial year 2015 (Appendix "B") referred to in Article 2 of Law 219 of December 23, 2014, which is amended as follows: provisional state of the Entry Title 1-current revenues € 14,989. 476,00 Title 2-balance sheet revenue € 7,700.00 Title 4-Special Accounts € 750,000.00 Title 6-Matches around € 10,698,000.00 Total € 26,445,176.00 General revenue forecast State of Output Title 1- current expenditure € 8,398,626.00 Title 2-extraordinary expenses € 6,375,250.00 Title 3-capital expenditures € 223,300.00 Title 5-Special Accounts € 750,000.00 Title 6-games-turn € 10,698,000, 00 Total General Expenses € 26,445,176.00 Art.3 (of dell'AASS Budget) 1. pursuant to Article 25 of Law 30 of February 18, 1998, approved, in compliance with resolution of the Board of Directors No. 83 of 1 September 2015, the pattern of change in the company of the Budget Autonomous State for Public Service for the financial year 2015 (Appendix "C") referred to in Article 3 of Law 23 December 2014 n. 219, which is amended as follows: provisional state of the Entry Title 1-current revenue € 68,070,000.00 Title 2-capital movements € 8,000,000.00 Title 3-Special Accounts € 110,750,000.00 Title 5-Matches of around € 6,792,000.00 Total € 193,612,000.00 General revenue forecast State of Output Title 1-current outputs € 55,320,000.00 Title 2-capital movements € 15,609,000.00 Title 3-Special Accounts € 109,573,000.00 Title 4-Extraordinary expenses € // Title 5-Matches around € 6,792,000.00 General Total expenses € 187,294,000.00 2. paragraph 2 of Article 3 of Law 23 December 2014 n .219 is amended as follows: "2. The Autonomous State Agency for Public Service is authorized for the financial year 2015, to use its reserves up to € 6,500,000.00 be allocated to funding of the planned investment works, including those relating to investments made account the charged state whose charges are placed dell'AASS together with € 1,750,000.00 arising from higher expected profits for the year 2015 ". 3. Paragraph 3 of Article 3 of Law 23 December 2014 n. 219 is amended as follows: "3. The Autonomous State Agency for Public Service is authorized, for the year 2015, to carry out a capital reserve of € 900,000.00 for the development of the fiber optic network referred to in Article 26 of Law 27 June 2013 n. 71. ". 4. The Autonomous State Agency for Public Service is authorized, for the year 2015, to make a provision for risks and charges of € 200,000.00 to cover any bad debts. 5. The Autonomous State Agency for Public Services is authorized, for the year 2015, to use € 1,500,000.00 arising from its capital reserves previously
set aside for the development of the fiber optic network referred to in Article 26 of Law 71 of June 27, 2013. Art.4 (CONS of Budget) 1. Pursuant to Article 25 of Law 30 of February 18, 1998, has approved of the relevant resolution of the Executive Committee 1 of 16 September 2015, the Olympic Committee of the Budget San Marino national for the financial year 2015 (Appendix "D") referred to in Article 4 of Law 219 of December 23, 2014, which is amended as follows: provisional state of the Entry Title 1-ordinary revenue € 3,966,400.00 Title 2-extraordinary revenue Title 3-€ 688,000.00 € 264,035.00 several revenue Title 4-Login capital CONS € 34,300.00 Title 5-Matches around € 132,000.00 General Total revenue € 5,084,735.00 forward-State Title 1-Output-current expenditure € 4,353,235.00 Title 2-extraordinary expenses € 562,700.00 Title 3-expenses not allocable € 2,500.00 Title 4-account capital expenditures € 34,300.00 Title 5-repayment of loans € // 6-Title Matches around € 132,000.00 Total General Expenses € 5,084,735.00 2. paragraph 2, Article 4 of Law 219 of 23 December 2014 is amended as follows: "2. The Congress of State is authorized to provide advance payments for the contribution for the year 2015 of € 4,000,700.00 to CONS for in Article 8 of Law 13 March 1997 n.32. ". Art.5 (Budget estimates ISS) 1. Pursuant to Article 25 of Law 30 of 18 February 1998, is approved, the change pattern of the relevant resolution of the Executive Committee of 25 September 2, 2015, the balance forecasting of the Institute for Social Security for the financial year 2015 (Appendix "E") referred to in Article 5 of Law 219 of December 23, 2014, which is amended as follows: State forward the Entry Title 1-Financing activities welfare Health and Socio Sanitaria € 77,510,000.00 Title 2-financing social security activities Title 3-€ 212,406,100.00 revenue from administrative, technical and general services € 7,386,000.00 Title-4 revenue arising from the sale assets € 5,000.00 Title 5-acquisition financial resources € 17,116,000.00 Title 6-Matches around € 12,095,000.00 Total € 326,518,100.00 General revenue forecasting State Title 1-Output-current expenditure € 311,273. 100,00 Title 2-Outputs capital € 3,150,000.00 Title 3-Repayment of € // Title 4-Matches around € 12,095,000.00 Total General Expenses € 326,518,100.00 Art.6 ( estimated budget University of) 1. pursuant to Article 25 of Law 30 of February 18, 1998, approved, in compliance with resolution of the Board of Directors 9 of 29 September 2015 the pattern of variation to the budget of 'University of the Studies for the financial year 2015 (Appendix "F") referred to in Article 6 of Law 219 of December 23, 2014, which is amended as follows: provisional state of the Entry Title 1-current revenues € 5,496,270 , Title 00 2-capital revenue € 76,550.00 Title 3-Matches around € 750,000.00 Total € 6,322,820.00 forward-State General revenue Title 1-Output-current expenditure € 5,475,320.00 Title 2 -Expenditure capital € 97,500.00 Title 3-Matches around € 750,000.00 Total General Expenses € 6,322,820.00 Art.7 (Budget Authority for Civil Aviation and Maritime Navigation) 1. a under Article 25 of Law 30 of 18 February 1998, has approved of the relevant resolution of the Executive Committee 1 of 28 September 2015, the pattern of variation to the Budget Authority for Civil Aviation and Maritime Navigation for the financial year 2015 (Appendix "H") referred to in Article 8 of Law 219 of December 23, 2014, which is amended as follows: provisional state of the Entry Title 1 - revenue Ordinary € 471,000.00 Title 2 - revenue extraordinary € // Title 3 - Special Accounts € 18,550.00 Title 4 - Capital Movements € // Title 5 - Matches Giro € 61,000.00 Total € 550,550.00 General revenue forecast State of Output Title 1- Ongoing charges € 312,000.00 Title 2- expenses in Capital Account € 11,000.00 Title 3- Capital Movements € 148,000.00 Title 4 - Matches Giro € 61,000.00 Title 5 - Special Accounts € 18,550.00 Total General expenses € 550,550.00 Art.8 (of the Games Ente State Budget) 1. pursuant to Article 25 of Law 30 of 18 February 1998 and Article 10 of Law 143 of December 27, 2006, approved, in compliance deliberation of the Executive Council of 16 September 2015, the pattern of change in the balance of Ente Forecasting of State for the financial year of the Games 2015 (Appendix "I") referred to in Article 9 of the Law of December 23, 2014
219, which is amended as follows: provisional state of the Entry Title 1 - Revenue Ordinary € 191,900.00 Title 2 - Extraordinary Revenue € // Title 4 - Capital € Movement // Title 5 - Matches Giro € 24,800.00 General total revenue € 216,700.00 forecast State of Output Title 1- Ongoing charges € 174,700.00 Title 2- expenses in Capital Account € 870.00 3- Title of Capital Movements € 16,330.00 Title 4 - Matches Giro € 24,800 , 00 Total General Expenses € 216,700.00 Art.9 (Transfers Poste San Marino) 1. pursuant to Article 25 of Law 30 of 18 February 1998 and Article 5 of Law 54 of May 21, 2012 is approved, of relevant resolution of the 94 Board of Directors of 24 August 2015, the pattern of change in the budgetary forecast balance Ente Poste San Marino for the financial year 2015 (Annex "L") referred to in Article 10 of the Law December 23, 2014 219, which is amended as follows: General Total cost € 6,077,430.00 General Total Total € 4,904,400.00 € 1,173,030.00 Imbalance 2. paragraph 2 of Article 10 of Law 23 December 219 of 2014 is amended as follows: "2. On 01/03/2615 Chapter "Competition of management breakeven State Ente Poste San Marino" it is earmarked for 2015 in the amount of € 1,173,030.00 as the highest state competition for the draw of Ente Poste management. ". 3. Paragraph 5 of Article 10 of Law 219 of 23 December 2014 is amended as follows: "5. On 03/01/2616 Chapter "compensation fund for postal tariff concessions" is earmarked for 2015 in the amount of € 175,000.00 as the maximum reimbursement from the State Budget for the tariff concessions granted by the Ente Poste under 'Article 22 of Delegated Decree 68 of June 26, 2013. ". Art.10 (Provisions relating to the funds for the operation of the Township Councils) 1. Paragraph 2 of Article 17 of Law 219 of 23 December 2014 is amended as follows: "Art.17 (Provisions relating to the funds for the operation of Township Councils) 2. for the purposes of Article 32 of Law 127 of 27 September 2013, the AASLP is authorized to make available to the Township Councils the sum of € 355,000.00 to be charged on the relevant chapters of the Budget Company same. The AASS is authorized to make available to the Township Councils the sum of € 63,000.00 to be charged on the relevant chapters of the Company of the Budget itself for the construction of street lighting systems in Castelli using savings and low consumption methods . ". Art.11 (Convenzionamenti for subsidized loans) 1. The letter c) of paragraph 1 of Article 21 (Convenzionamenti for subsidized loans) of Law 219 of 23 December 2014 is amended as follows: "c) subsidized convenzionamenti for Housing Funded of Law 110 of December 15, 1994 and as amended and supplemented up to the maximum amount of € 5,000,000.00. The Congress of State is authorized to convenzionarsi for 2015 even with the available financial companies. The Congress of State has also committed to renegotiate the financial year 2015, with affiliated financial institutions, interest rates provided for the provision of soft loans for subsidized Construction today are too high, in order to bring them in mean levels market; ". 2. Paragraph 2 of Article 21 (Convenzionamenti for subsidized loans) of Law 219 of 23 December 2014 is amended as follows: "2. According to Article 9 of the Law 109 of 3 August 2009 on the cap. 2-4-7227 "Interest subsidies and account fees for Facilitated Credit outstanding in support of economic activities (Law n.109 / 2009)" for the 2015 financial year has been allocated an amount of € 750,000.00. The charges relate to loans approved for use in an accrual basis. ". Art.12 (Promotions and incentives in the energy sector) 1. Paragraph 1 of Article 23 of Law 219 of 23 December 2014 is amended as follows: "Art.23 (Promotions and incentives in the energy sector) 1. On Chapter 2- 5-6435 called "Fund for interventions aimed at energy saving, water, production of energy from renewable sources and control of sources of pollution" is expected for the financial year 2015, an appropriation of € 210,000.00 intended to finance : a) the additional costs referred to in Article 7, second, third and fourth of the Chief Executive Decree 89 of June 25, 2009 and subsequent amendments, supported by the Autonomous State for public Services; b) the additional costs and charges related to interventions aimed at energy saving, water and the production of energy from renewable sources laid down in Act 72 and May 7, 2008
its implementing decrees and subsequent modifications; b-bis) interventions for the development of a sustainable mobility plan with the use of electrically propelled vehicles. ". Art.13 (Extraordinary measures aimed at upgrading the energy efficiency of the existing housing stock) 1. Paragraph 1 of Article 24 of Law 219 of 23 December 2014 is amended as follows: "Art.24 (Extraordinary measures aimed at upgrading the energy efficiency of ' existing buildings) 1. to reduce energy consumption for winter heating and summer air conditioning of the existing buildings and to reduce further emissions of pollutants and greenhouse gases into the atmosphere, as well as water consumption and national costs for energy supply, in line with the existing PEN forecasts and implementation of their commitments under the United Nations Convention on climate change, on 2-5-6438 chapter "Fund for extraordinary interventions aimed at upgrading the energy efficiency of the housing stock" is expected for the financial year 2015 , a budget of € 140,000.00 intended to finance the interventions of energy retrofitting of the housing stock as provided by the Law 48/2014 and by the Chief Executive Decree 187 of 10 November 2014. Given the recent enactment of the decree, the amounts reported for the current year and not used on the cap. 2-5-6438 are recorded, for the accounts of the general accounts of the State 2014, into account in arrears. ". Art.14 (Promotion and incentives for the tourism sector - commercial and consortium activities) 1. Paragraph 1 of Article 32 of Law 219 of 23 December 2014 is amended as follows: "Art.32 (Promotion and incentives for the sector tourist - commercial and consortium activities) 1. the funds allocated for the 2015 financial year on 04/01/2396 chapter "Fund for the promotion and incentives for the tourism sector - commercial and consortium activities" of € 63,000.00 are destined for the State's contribution to the activities of the Credit Consortium of the San Marino Republic. ". Art.15 (social security equalization fund) 1. Paragraph 1 of Article 37 of Law 219 of 23 December 2014 is amended as follows: "Art.37 (social security equalization fund) 1. On Chapter 1-3-4607" equalization of pension fund "are allocated, for 2015, € 70,000.00 in accordance with Article 19 of Law 158 of October 5, 2011.". Art.16 (Roof of salaries and fees) 1. The provisions of Article 50, paragraph 3, letter a) of the Law n.174 / 2013 as amended by Article 41, paragraph 1, of Law no. 219/2014 can be exceeded, up to a maximum of € 300,000.00 gross limited to the figure of the Republic of San Marino of the Central Bank General Manager for which a profile and international experience in the financial and banking sector is required. Art.17 (Expenses World Expo Milano 2015 and related events) 1. Paragraphs 1 and 2 of Article 49 of Law 219 of 23 December 2014 are amended as follows: "Art.49 (Expenses World Expo Milano 2015 and related events) 1. given the importance of realizing cultural events can attract flows of the 2015 Milan Universal Expo visitors, based on the projects developed by the cultural Institutes, on 1-7-4840 chapter "expenses Special projects" is allocated for the year 2015, the amount of € 84,000.00 on which charges will all expenses related to the realization of the projects. ". 2. Given the high value of the World Expo Milano 2015 and relevance in terms of tourism, economic and cultural presence of the Republic of San Marino in this event and in order to increase the sidelines of the San Marino participation, the provision on chapter 1-7-3937 "charges for the participation of Milan Universal Expo 2015", for the financial year 2015, year of the Expo swing, amounted to € 660,000.00. As part of this appropriation will also find indictment transfers authorized by the Congress of State, relating to the responsibility of the private company expenses to be established for the management of the Pavilion and the commercial activities carried out in it or in the additional space, as provided in section 3, Article 6 of the Delegate Decree 31 of March 12, 2014. ". Art.18 (Science and Technology Park) 1. Paragraph 1 of Article 58 of Law 219 of 23 December 2014 is amended as follows: "Art.58 (Science and Technology Park) Chapter 1. On 1-4-3705" operating expenses and activities Science and Technology Park San Marino - Italy "will be allocated for the year 2015 of € 135,000.00. The resources of the above mentioned budget are employed:
- To the amount of € 85,000.00 as a contribution of the State Entity Manager of the Science and Technology Park; - In the amount of € 50,000.00 for the rental of the Incubator Corporate headquarters. ". Art.19 (Project San Marino Card) 1. Paragraph 1 of Article 60 of Law 219 of 23 December 2014 is amended as follows: "Art.60 (San Marino Card Project) 1. The budget on Chapter 1-3 -2385 "of San Marino Card operating expenses" amounted to € 470,000.00 is for: a) the incurrence of operating costs, development and promotion of the project San Marino Card as a tool for stimulating the domestic consumption of goods and services by private entities and activities Certification Revenues Telematics; b) the incurrence of operating costs, development and promotion of a weekly prize money, at a rate of registered purchases of SMAC Card, in order to stimulate and strengthen the registration of consumption, the development of electronic purse and discounts circuit; c) the incurrence of operating costs, development and promotion of additional discounts system than in the ordinary, fully paid by the State, aimed at the promotion of events or obtain temporary promotion of specific goods and services or specific sectors; d) for the maintenance of the hardware and software implementation costs for activation: - the tourist circuit fidelity card San Marino; - The fuel card circuit Economic Operators San Marino; e) to sustain the burden of study, development and operation of the operation San Marino Card linked to the project of General Adoption of Tax on consumption; f) the development of services for economic operators participating in the promotional project San Marino Card for the development and strengthening of its promotion activities with techniques of commercial communications and modern loyalty through the site www.sanmarinocard.sm and integration of San Marino card, voluntary membership card of the owner, with private management for the use of SMAC card as the only fidelity RSM card; g) the cost of support and incentive policies aimed at operators of SMAC circuit, aimed at lowering the costs for the purchase and activation of terminals and equipment for the certification of revenue, defined and governed by specific regulations of Congress State whose first issue will have to take place by 28 February 2015; h) the implementation of technologies that enable increased speed of transactions and the development of further use features of SMAC Card as an electronic payment instrument and how to e-services card. ". Art.20 (the Multi-annual Investment Plan Financing arrangements) 1. The terms of the Multi-annual Plan investment financing provided for in paragraph 1, letter c), Article 62 of Law 219 of 23 December 2014 will also be offered issuance of government securities. 2. The proceeds from the sale of portions of land or wrecks provided for in point b) of Article 62 of Law 23 December 2014 n. 219 is expected to € 1,900,000.00 and is registered on the State Budget and collected on the inbound section 1120 "Income from the sale of land". Art.21 (national interest Events) 1. Paragraph 1 of Article 66 of Law 219 of 23 December 2014 is amended as follows: "art.66 (events of national interest) 1. In order to provide continuity and certainty to cultural initiatives that have distinguished themselves in representing the Republic of San Marino at the highest levels of excellence and international recognition, has established the chapter 1-7-5065 "Contributions to events of national interest", with allocation for the year 2015 € 51,000.00. ". Art.22 (Special operations) 1. Article 67 of Law 219 of 23 December 2014 is amended as follows: "Art.67 (Special operations) 1. As part of the extraordinary operations and procedures laid down in Articles 52, 92 and 99 of Law 165 of 17 November 2005, bills of sale activity between authorized persons as well as acts of transfer of assets to an entity authorized to common fund managed by an authorized person are exempt, up to October 31, 2016 from registration fees, stamp duty, transcription and perfecting and are absorbed by a substitute tax in proportion of 0.10% to be collected on the chapter 100 "registration taxes." The provisions of this paragraph shall also apply to acts of disposal of assets carried intercompany long as transferor or transferee is an authorized party. The substitute tax is applied proportional to the realizable value of
assets transferred with the acts carried out in the context of the operations or those procedures, meaning realizable value in the transfer to any title effected: a) real property and real property rights: the market value; b) of goods in constant leasing, between landlords and persisted the same conductor: the value given by the residual debt; c) leasing contracts between conductors: the value given by the installments already paid; d) loans: the actual value at the time of the transfer as indicated by a qualified expert; e) of other assets and rights: the actual value at the time of the transfer as indicated by a qualified appraiser. In case of granting the tax charged shall not exceed the amount foreseen in the table on registration fees to 29 letter b) C1 and C2, as Chief Executive Decree 16 March 2010 n.52. 2. For the purposes of the validity of the acts referred to in paragraph upper and their transcription are not necessary the formalities for the energy certification provided for in Article 177 of the Law of 19 July 1995 n. 87. 3. The Office of the Registrar and Conservatory has one hundred and twenty days of time to carry out the formalities by the deadline of Article 53, paragraph 1, of the law n.85 / 1981. 4. Notwithstanding the provisions of article 46, paragraph 5, of Law 16 December 2013 n. 166, as amended, the persons who have come into being acts in the context of the operations or procedures referred to in paragraph 1 of this Article, may opt, by 31 October 2016, for the full deductibility of losses incurred in the years 2015 -2016, net of the amount already used in accordance with current legislation, in subsequent tax periods with no time limits. For the exercise of the stakeholders will have to pay a substitute tax of 0.50% calculated on the total of past losses realized during the period indicated above. The substitute tax may not be the subject of compensation and must be fully paid by the deadline for exercising the option. With the payment of the transaction is perfected exercise. Art.23 (Issuance of government securities) 1. In order to acquire the resources to finance the measures set forth in articles 24, 25 and 26, the Congress of State is authorized to issue, by 31 December 2016, in one or more solutions, public debt securities up to an aggregate nominal amount of € 102.000.000,00. 2. The characteristics of each issue of government securities referred to in the previous paragraph shall be defined by means of special decrees that form the regulation of each issue, in accordance with the following criteria: a) the duration of each issue may not exceed ten years; b) the state will reserve the right to repay, in whole or in part, the debt at fixed dates through the exercise of one or more types of call options. 3. For the purposes of entering the sums arising from the placement of the securities referred to in this Article shall be established the following chapters: 1222 "Subscription Issuance of debt securities for interventions to strengthen capital in the banking system of San Marino"; 9420 "Subscription Issuance of debt securities to finance spending Law 67/2015 for construction of infrastructure and public works." 4. With effect from the current financial year and up to one in which it will take place the repayment of public debt must be paid, for each financial year, the amounts relating to the portion of related interest. Such sums will deducted from the applicable expenditure items of the State Budget. 5. The debt arising from the issue referred to in this Article shall be entered in the Balance Sheet of the State. Art.24 (Strengthening of the Savings Bank regulatory capital) 1. 'authorized the State Congress to support the strengthening of the subsidiary's regulatory capital of the Savings Bank of the Republic of San Marino SpA also through the subscription of hybrid instruments of capital or subordinated debt, even in convertible form, by issuing government securities up to an amount of € 40,000,000.00 referred to in Article 23 and the use of resources allocated for the same amount on chapter 2- 3-6356 "Recapitalization of the banking system of San Marino". 2. The action referred to in paragraph 1, and any further action to strengthen the assets of the Republic of San Marino SpA Savings Bank providing for the subscription of new shares may take place notwithstanding Article 2, paragraph 1,
third paragraph of the Law 130 of 29 November 1995 and Article 30, paragraph 9, of Law 47 of February 23, 2006 and subsequent amendments and additions. Art.25 (loan repayment) 1. 'authorized the State Congress to repay the loan signed with the San Marino banks under Articles 20 and 21 of Law 174 of 20 December 2013, Article 7 of the Law October 31, 2013 n.153, as amended by Article 8 of Law 146 of 19 September 2014 and Article 20, paragraph 1, of Law 219 of December 23, 2014, through the issue of € 32,000,000 00 of government securities referred to in Article 23. Art.26 (the Multi-annual Financing Plan Investment) 1. 'authorized the State Congress to fund the interventions pursuant to Law 67 of 11 May 2015 concerning the multi-annual spending bill for the construction of infrastructure and public works referred to in Article 62 of law 219 of December 23, 2014, as amended by Article 20 above, by issuing, during the year 2016, in one or more solutions , up to the amount of € 30,000,000.00, of government securities referred to in Article 23. 2. the sums arising from the issue of government securities referred to in paragraph 1 will be accounted for in the financial statements the state for the year 2016 and multi-year financial statements for the 2016/2018 financial years. Art.27 (for private care regulation continued) 1. Until the definition of standards for domestic work, has instructed the State Congress to adopt appropriate delegated decree by June 30, 2016, to regulate the intake of migrant worker or foreigner with a temporary residence permit for work purposes, for the continuous assistance of the elderly or people with disabilities dependents, subject to the rules governing the entry and stay in the territory. Art.28 (revaluation of company assets) 1. Companies of all kinds, organizations that perform business activities required to prepare financial statements, as well as economic operators may re-evaluate individuals by the date of December 31, 2015 capital goods entered in the register of depreciable assets and / or inventories at December 31, 2014, excluding those whose production or exchange of which is direct the business activities, and to investments in subsidiaries or associates, as defined in Article 1 , paragraph 1, points 7) and 8) of Law 47 of February 23, 2006 and subsequent amendments and additions, immobilization constituents. 2. It 'also allowed the re-evaluation, by the deadline of December 31, 2015, to legal entities participating in the merger, transformation and corporate split. 3. The re-evaluation should cover all assets belonging to the same homogeneous category. 4. The amounts recognized in the financial statements and in the register of depreciable assets and / or following the revaluation inventories may in no case exceed the actual values ​​attributable to assets with regard to their consistency to their production capacity, the actual useful life into their businesses, as well as the current values. 5. Directors, the only mayor or the board of auditors, if appointed, should state and explain, respectively, in the notes to the financial statements and the report of the internal auditor or of the Supervisory Board to the operating budget in 2015, the criteria used in the revaluation of the various categories of goods and certify under their own responsibility, unless they have been suitable sworn expert estimation by a professional with technical skills and writing to the relevant register or San Marino order, that the same revaluation does not exceed the limit referred to in the previous paragraph. In case of sworn expert for estimating the same should be reported accurately in the notes to the financial statements. The revaluation resolution and the annexed reports must be attached to the copy of the budget concerning the financial year under which the re-evaluation, to be filed with the Clerk of the Court. 6. Economic operators not required to prepare financial statements are required to prepare a special report setting out the reasons and criteria used in the re-evaluation of the various categories of goods and attest, under their own responsibility, unless they have been suitable sworn expert estimation by part of a professional with technical skills and writing to the relevant register or San Marino order, that the same revaluation does not exceed the limit referred to in the fourth paragraph. The report must be attached to the declaration of income tax return 2015. 7. For economic operators and organizations required to prepare financial statements, the balances
assets corresponding to the assets subject to revaluation must be set aside in a special reserve to be used exclusively to cover future losses or to increase share capital. If the reserve was used to cover losses in the five years following the revaluation, it can not result in a distribution of profits until the reserve has been replenished; In this case it is mandatory to register the amount of the reserve in a special memorandum account. If the reserve has been used to increase the share capital, it can not be dropped until at least five years from the revaluation; otherwise the total amount of revaluation tax balances will be taken for the rate payment provided for in Article 43 of Law 166 of December 16, 2013 and subsequent amendments and additions. 8. The surplus on revaluation of less than 2.5 million euro is subject to taxation on income with the system of separate taxation in the extent of 5% for real estate and non-depreciable assets, 4%, with a minimum of 125,000 Euros, if said surplus is expected to range between 2.5 and 5 million euro, 3%, with a minimum 200,000 euro, to a surplus of over 5 million euro, 2.5% for all other depreciable assets. 9. The tax period in which the balance of the revaluation is recognized is 2015. 10. Fixed assets subject to revaluation can not be alienated for consideration within five years from the date of revaluation, with the exception of disposals aimed to satisfy creditors in case of bankruptcy, compulsory liquidation and bankruptcy. In all other cases in which the alienation for consideration occurs before the age of five, the taxpayer is required to apply the taxes covered by Law 166 of December 16, 2013 and subsequent amendments and additions to the value of the revaluation. In this case the tax already paid for the purposes of reassessment will be considered as advance payment of income tax, only in case of greater amount due, the year in which the good is alienated. 11. The tax referred to in paragraph 8 is not deductible from income and is also payable by persons who benefit from exemptions or general tax reductions on income. 12. The payment of the tax must be made on the IGR adjustment modules within the two months following that in which the re-evaluation was completed and can not be offset by tax credits or tax on imports IGR already certain at the date of revaluation. 13. The amount of tax paid should be accounted for a decrease of the revaluation reserve fund budgeted. Art.29 (Receipts related to damages in favor of the Authority for Equal Opportunities) 1. The amounts recognized in favor of the Authority for Equal Opportunity in criminal processes in which it is incorporated as a civil party are destined upgrading of the phenomenon of violence against women and prevention of gender and assistance to victims of violence. 2. To this end, the sums of money referred to in subsection 1 flow into a specific heading in the entrance of the state budget to be allocated, on the basis of specific requests, the financing of the Authority's activities provided by Law 20 June 2008 and 97 Delegate Decree 60 of May 31, 2012 and the organization of training courses provided for in Article 4 of the said Chief Executive Decree n.60 / 2012. 3. The assignment of the sums referred to in paragraph 2 for pursuing the aims set out therein is done according to the procedures laid down in Article 27 of Law 30 of 18 February 1998 and with the posting on relevant items of expenditure. Art.30 (Authentic Interpretation) 1. Article 6 of the Decree of January 20, 2000 10, as amended by Article 3 of the Chief Executive Decree 97 of June 15, 2011, where it provides that the specification of the professional assignment confers the 'full and exclusive use by the Administration or the Public purchaser of projects and deliverables, must be understood in the sense that, through the acquisition, projects and papers themselves become acts of the State, with the right to free reproduction under Article 98, first paragraph, letter f) of the Law January 25, 1991 8. Art.31 (Aspects on the structural design rules) 1. The Congress of State is authorized to adjust by means of delegated decree technical standards in implementation of the principles and provisions set out in the Law January 25, 2011 # 5 "Law on structural design" to replace Chief Executive Decree 26 March 2012 n.28. Art.32 (Determination net income per capita)
1. Following the entry into force of Law 166 of December 16, 2013, in the determination of net income per capita, where required by current regulations for the recognition of contributions, benefits or public provisions, liabilities deductible to be deducted from the base taxable are those provided for in Article 14, paragraph 1, letter b) and letter c) of Law 166 of December 16, 2013 and subsequent amendments. Art.33 (Regulations for formalities and collections of the Registry Office is responsible and Conservatory) 1. 'Regulation delegated to the Congress of State, pursuant to Article 2, paragraph 2, letter h), of the Constitutional Law no. 183/2005, the regulation on the keeping of registers of formalities and the Cash Office is responsible of the Register and Mortgages, also to update the Regulations annexed to the Laws nos. 83, 84 and 85 of October 29, 1981, in order to align the provisions for use of IT procedures and to extend the process of dematerialization of documents. Article 34 (Repeals and Entry into force) 1. The following are repealed the paragraphs 7 and 8 of Article 44 of Law 174 of 20 December 2013 with effect from the financial year 2015. 2. This Act comes into force on fifth day following that of its legal publication. Our Residence, this day of November 3 2015/1715 THE CAPTAINS REGENT Lorella Stefanelli - Nicola Renzi THE SECRETARY OF STATE FOR INTERNAL AFFAIRS Gian Carlo Venturini