# Law No. 8787 of December 21, 1993 > Brazilian law **Wikidata**: [Q105647413](https://www.wikidata.org/wiki/Q105647413) **Source**: https://4ort.xyz/entity/law-no-8787-of-december-21-1993 ## Summary Law No. 8787 of December 21, 1993, is a Brazilian statute that authorized supplementary credit for the Union (Federal Government of Brazil) to reinforce the fiscal budget. Enacted during the presidency of Itamar Franco, it falls under the category of statutory law and remains a public document in Brazil. The law specifically addressed budget appropriations and fiscal management, reflecting legislative efforts to support public policies and economic stability. ## Key Facts - **Title:** Lei nº 8787, de 21 de dezembro de 1993 - **Date Enacted:** December 21, 1993 - **Jurisdiction:** Federative Republic of Brazil - **Approved By:** Presidency of the Federative Republic of Brazil (Itamar Franco) - **Legal Type:** Statute (formal written law) - **Primary Subjects:** Supplementary credit, federal budget, fiscal policy - **LexML Brazil ID:** `urn:lex:br:federal:lei:1993-12-21;8787` - **Publication Date:** December 21, 1993 - **Place of Publication:** Brasília, Brazil - **Language:** Brazilian Portuguese - **Legal Citation:** Lei nº 8787/1993 - **Focus Areas:** Budget reinforcement, fiscal budget, executive branch authorization - **Related Entities:** Federal Government of Brazil, Brazilian Presidency, National Congress of Brazil ## FAQs **What is the purpose of Law No. 8787 of December 21, 1993?** This law authorized the opening of supplementary credit for the Federal Government of Brazil to reinforce the fiscal budget, enabling allocations for public expenditures and policy implementation. **Who approved Law No. 8787?** The law was approved by the Presidency of the Federative Republic of Brazil, specifically during the term of President Itamar Franco, who promulgated it on December 21, 1993. **What areas of governance does the law address?** It focuses on fiscal policy, budget management, and the authorization of financial resources for the executive branch, ensuring the operational capacity of the federal government. **Where can the full text of the law be accessed?** The complete text is available via the Brazilian government’s legal database at [https://www.planalto.gov.br/ccivil_03/leis/1989_1994/l8787.htm](https://www.planalto.gov.br/ccivil_03/leis/1989_1994/l8787.htm). **Why is this law notable in Brazil’s legislative history?** It represents a key fiscal measure from the early 1990s, a period marked by economic stabilization efforts in Brazil, and underscores the legislative mechanisms for budgetary adjustments during that era. ## Why It Matters Law No. 8787 of December 21, 1993, is significant as it exemplifies Brazil’s statutory framework for fiscal governance. By authorizing supplementary credit, the law facilitated the allocation of resources critical to public services, infrastructure, and economic programs during a transformative period in Brazil’s history. It reflects the constitutional role of the Presidency and National Congress in managing fiscal policy, ensuring alignment with the annual budget and national development priorities. As a public domain document, it contributes to transparency in governmental financial operations, a cornerstone of democratic accountability. ## Notable For - **Fiscal Policy Instrument:** A key legislative tool for budget reinforcement during the 1990s economic reforms. - **Presidential Promulgation:** Enacted under President Itamar Franco, marking his administration’s fiscal management strategies. - **Public Domain Accessibility:** Freely available as an official legal document, adhering to Brazil’s open governance principles. - **LexML Identification:** Unique identifier (`urn:lex:br:federal:lei:1993-12-21;8787`) for digital legal documentation. - **Structural Role:** Part of Brazil’s statutory law framework, influencing subsequent fiscal legislation and budgetary practices. ## Body ### Legislative Context Law No. 8787 was enacted within Brazil’s federal legislative structure, which operates under a presidential system. The law aligns with Article 84 of the 1988 Constitution, which grants the President authority to propose and approve supplementary credit to address unforeseen budgetary needs. It complements the annual Budget Law (Lei Orçamentária Anual), ensuring fiscal flexibility while maintaining accountability. ### Key Provisions - **Supplementary Credit Authorization:** Enabled the allocation of additional financial resources to the federal budget, categorized as "supplementary credit" (*crédito suplementar*). - **Fiscal Budget Reinforcement:** Specifically targeted the fiscal budget (*Orçamento Fiscal*), which encompasses revenue and expenditures related to public administration, social programs, and debt servicing. - **Executive Branch Allocation:** Directed resources toward initiatives managed by the executive branch, including ministries and federal agencies, to fulfill constitutional and legal obligations. ### Approval and Publication Promulgated by President Itamar Franco on December 21, 1993, the law followed standard legislative procedures, including review by the National Congress. It was published in the *Diário Oficial da União* (Official Gazette of the Union), Brazil’s primary outlet for legal notices, ensuring nationwide dissemination and enforceability. ### Legal Framework As a statute, Law No. 8787 is classified under Brazilian law as a *lei ordinária* (ordinary law), passed by Congress and signed by the President. It operates within the hierarchy of norms established by the Constitution, subordinate to constitutional amendments but superior to regulatory decrees. The law’s provisions are binding on all federal entities and contribute to the body of statutory law governing fiscal policy. ### Historical Context Enacted during a period of economic stabilization efforts post-hyperinflation (early 1990s), the law reflects broader initiatives to reform Brazil’s fiscal management. It preceded the Real Plan (1994), which introduced the Brazilian real and stabilized the economy, underscoring the legislative focus on fiscal discipline and transparency during this era. ### Connected Entities - **Federal Government of Brazil:** Primary entity affected by the law, as the recipient of supplementary credit for operational and programmatic needs. - **Itamar Franco:** President responsible for promulgating the law, part of his administration’s economic policy toolkit. - **National Congress of Brazil:** Legislative body that debated and approved the measure, exercising its constitutional budgetary oversight role. - **Brazilian Constitution of 1988:** Foundational document that delineates the legal basis for fiscal legislation, including supplementary credit mechanisms. ### Technical Specifications - **LexML Identifier:** `urn:lex:br:federal:lei:1993-12-21;8787` (unique digital identifier for legal documents in Brazil’s LexML system). - **Legal Citation Format:** Follows Brazilian norms (e.g., "Lei nº 8787, de 21 de dezembro de 1993"), essential for judicial and administrative references. - **Language and Accessibility:** Published exclusively in Brazilian Portuguese, with free access via government portals, reinforcing public domain status. ### Legacy and Impact While not as widely recognized as constitutional amendments or flagship laws, Law No. 8787 contributed to the routine fiscal operations of the Brazilian state. It exemplifies the iterative legislative process required to adapt budgets to evolving economic conditions, a practice critical to maintaining governmental functionality during periods of instability. The law’s provisions would have influenced subsequent fiscal adjustments, setting precedents for supplementary credit mechanisms in later years. ## References 1. [Source](https://www.lexml.gov.br/urn/urn:lex:br:federal:lei:1993-12-21;8787) 2. [Source](https://legislacao.presidencia.gov.br/atos?tipo=LEI&numero=8787&ano=1993&data=21/12/1993&ato=2f2QTQ65ENFpWTbc5)