# Law No. 8550 of December 28, 1992

> Brazilian law

**Wikidata**: [Q105647452](https://www.wikidata.org/wiki/Q105647452)  
**Source**: https://4ort.xyz/entity/law-no-8550-of-december-28-1992

## Summary
Law No. 8550 of December 28, 1992, is a Brazilian federal statute enacted during the presidency of Itamar Franco. Published in Brasília on its date of enactment, the law addresses budgetary adjustments and fiscal budget matters concerning the Federal Government of Brazil (União Federal).

## Key Facts
- **Full Title:** Lei nº 8550, de 28 de dezembro de 1992
- **Type:** Statute (formal written document that creates law)
- **Date of Enactment:** December 28, 1992
- **Country:** Brazil
- **Approved By:** Presidency of the Federative Republic of Brazil
- **Promulgated By:** Itamar Franco (President of Brazil)
- **Place of Publication:** Brasília, Brazil
- **Jurisdiction:** Brazil
- **Language:** Brazilian Portuguese
- **Legal Citation:** Lei nº 8550/1992
- **Main Subjects:** Federal Government of Brazil (União Federal), Budgetary Adjustment (Credito Adicional), Fiscal Budget (Orçamento Fiscal)
- **LexML Brazil ID:** urn:lex:br:federal:lei:1992-12-28;8550
- **Official URL:** https://www.planalto.gov.br/ccivil_03/leis/1989_1994/l8550.htm
- **Wikidata Description:** Brazilian law
- **WikiProject Membership:** On focus list of WikiProject Brazilian Laws

## FAQs
**What is Law No. 8550/1992?**
It is a Brazilian federal statute enacted on December 28, 1992, that deals with budgetary adjustments and fiscal budget matters for the Federal Government of Brazil.

**Who approved and promulgated this law?**
The law was approved by the Presidency of the Federative Republic of Brazil and promulgated by President Itamar Franco on December 28, 1992.

**Where can the official text of this law be found?**
The official text is available at the Brazilian Planalto Palace website (planalto.gov.br) and is indexed under the LexML Brazil identifier system.

**What jurisdiction does this law apply to?**
This law applies to the entirety of Brazil as a federal statute.

## Why It Matters
This law represents a specific legislative action by the Brazilian federal government to manage fiscal responsibilities during a significant period in the country's economic history. Enacted in late 1992, during the transitional government of Itamar Franco (who took office following the impeachment of Fernando Collor de Mello), this statute forms part of the legal framework governing the Federal Government of Brazil's budgetary and fiscal operations. Laws of this nature are essential for the functioning of the state, authorizing specific financial adjustments and allocations necessary for public administration. As a formal statute, it serves as a manifestation of statutory law, creating binding legal norms within its jurisdiction. Its inclusion in WikiProject Brazilian Laws underscores its relevance to the organized documentation and study of Brazilian legal instruments.

## Notable For
- **Specific Presidential Action:** Promulgated by Itamar Franco during his presidency, which began in late 1992.
- **Budgetary Focus:** Specifically addresses "Credito Adicional" (Additional Credit) and "Orçamento Fiscal" (Fiscal Budget), key components of government financial management.
- **LexML Indexing:** Identified by a unique LexML Brazil URN, a standard for identifying legal documents in Brazil.
- **Federal Scope:** As a law sanctioned by the Presidency of the Federative Republic of Brazil, it has nationwide application.
- **Part of Statutory Law:** Functions as a formal written document that creates law, a core component of the Brazilian legal system.

## Body

### Enactment and Legal Status
Law No. 8550 of December 28, 1992, is a statute, which is a formal written document enacted to create law. It was approved by the Presidency of the Federative Republic of Brazil and promulgated on December 28, 1992, by Itamar Franco, who was serving as the President of Brazil at the time. The law was published in Brasília, the federal capital, on the same day of its enactment. Its legal citation is "Lei nº 8550/1992," and it applies to the jurisdiction of Brazil. The work is written in Brazilian Portuguese.

### Main Subjects and Purpose
The law's primary focus is on the financial management of the Brazilian state. Its main subjects, as stated in the legal record, are:
- **The Federal Government of Brazil (União Federal):** The central entity to which the law pertains.
- **Budgetary Adjustment (Credito Adicional):** Referring to additional credits or budgetary modifications.
- **Fiscal Budget (Orçamento Fiscal):** Pertaining to the government's fiscal planning and expenditure.

### Identification and Access
The law is indexed in the LexML Brazil system with the URN `urn:lex:br:federal:lei:1992-12-28;8550`. This identifier allows for the standardized citation and retrieval of the legal text. The full text of the law is accessible to the public via an official URL hosted on the website of the Planalto Palace (`https://www.planalto.gov.br/ccivil_03/leis/1989_1994/l8550.htm`), which serves as a repository for Brazilian federal legislation.

### Context within Statutory Law
As a statute, Law No. 8550/1992 is part of the broader concept of statutory law. A statute is a foundational legal concept, classified as both a written work and a rule, and serves as the official record of legal rules enacted by a government. It is considered a subclass of "written work," "document," and "rule," and is composed of legal norms. The creation of a statute like this one follows the drafting of "draft laws" and is caused by "legislation" or a "legal act." Statutes are generally considered in the public domain in jurisdictions like the United States and France as official legal documents, ensuring public accessibility.

### Related Geographic and Political Entity
The law is intrinsically linked to **Brazil**, the country in South America. Brazil is a federal republic with its capital in Brasília, where the law was published. At the time of the law's enactment in 1992, the country was navigating a period of political transition, with Itamar Franco having assumed the presidency earlier that year following the impeachment process of his predecessor, Fernando Collor de Mello. Brazil's legal system is based on civil law, and statutes like Lei nº 8550/1992 are fundamental instruments of governance enacted by the federal legislature and sanctioned by the president.

### Documentation and Categorization
The law is categorized as a "statute" (formal written document that creates law) and is described simply as a "Brazilian law" in its Wikidata entry. It is on the focus list of the "WikiProject Brazilian Laws," indicating its relevance to collaborative efforts to document Brazilian legal instruments. This law serves as a specific manifestation of the broader legal concept of a statute, which is a core component of Brazil's system of rules and written works that govern the nation.

## References

1. [Source](https://www.lexml.gov.br/urn/urn:lex:br:federal:lei:1992-12-28;8550)
2. [Source](https://legislacao.presidencia.gov.br/atos?tipo=LEI&numero=8550&ano=1992&data=28/12/1992&ato=d37AzZ610MFpWTbfd)