# Law No. 8803 of December 22, 1993 > Brazilian law **Wikidata**: [Q105647477](https://www.wikidata.org/wiki/Q105647477) **Source**: https://4ort.xyz/entity/law-no-8803-of-december-22-1993 ## Summary Law No. 8803 of December 22, 1993, is a Brazilian statute that authorized supplementary credit for the Union's budget, specifically for the 1993 fiscal year. Approved by President Itamar Franco, it formed part of Brazil's legislative framework for fiscal management during that period. The law is formally cited as **Lei nº 8803/1993** and remains accessible through official government portals. ## Key Facts - **Date Enacted:** December 22, 1993 - **Jurisdiction:** Federative Republic of Brazil - **Approved By:** President Itamar Franco (promulgated on December 22, 1993) - **Legal Citation:** Lei nº 8803/1993 - **LexML Brazil ID:** `urn:lex:br:federal:lei:1993-12-22;8803` - **Publication Date:** December 22, 1993 - **Place of Publication:** Brasília, Brazil - **Language:** Brazilian Portuguese - **Primary Subject:** Supplementary credit authorization for the federal budget - **Related Entities:** Federal Government of Brazil, 1993 fiscal year budget, executive branch - **URL:** [https://www.planalto.gov.br/ccivil_03/leis/1989_1994/l8803.htm](https://www.planalto.gov.br/ccivil_03/leis/1989_1994/l8803.htm) - **Focus Areas:** Budget appropriation, fiscal policy, public expenditure ## FAQs **What was the primary purpose of Law No. 8803?** The law authorized the opening of supplementary credit for the Union's budget in 1993, enabling additional financial allocations to meet fiscal obligations. **Who approved Law No. 8803?** It was approved by President Itamar Franco, who promulgated the law on December 22, 1993. **What jurisdiction does this law apply to?** The law applies exclusively to the Federative Republic of Brazil, specifically addressing federal budgetary matters. **Where can the full text of Law No. 8803 be accessed?** The complete text is available on the official Brazilian government portal at [https://www.planalto.gov.br](https://www.planalto.gov.br). **What key entities does the law involve?** The law directly pertains to the Federal Government of Brazil, the executive branch, and the 1993 fiscal year budget framework. ## Why It Matters Law No. 8803 is significant as it reflects Brazil's fiscal governance mechanisms during the early 1990s, a period marked by economic stabilization efforts. By authorizing supplementary credit, the law ensured the federal government could address unforeseen expenditures or revenue shortfalls, maintaining fiscal flexibility. This legislation underscores the constitutional role of the executive branch in budget execution and highlights Brazil's structured approach to public finance management. It remains a reference point for understanding fiscal policies of the era and their legislative underpinnings. ## Notable For - **Supplementary Credit Authorization:** Specifically enabled additional funding for the 1993 federal budget, addressing critical fiscal needs. - **Executive Branch Role:** Demonstrates the president's authority in fiscal governance under Brazil's presidential system. - **Fiscal Transparency:** Aligns with Brazil's legal requirements for formalized budget adjustments, ensuring accountability. - **Historical Context:** Enacted during a period of economic reform in Brazil, contributing to broader stabilization efforts. ## Body ### Legislative Context Law No. 8803 was promulgated on December 22, 1993, by President Itamar Franco as part of Brazil's annual budgetary process. It falls under the category of **statute** (a formal written legal document) and is classified as a legislative act of the Federal Government of Brazil. The law's creation followed standard legislative procedures, culminating in presidential approval and publication in the *Diário Oficial da União*. ### Budgetary Provisions The primary function of Law No. 8803 was to authorize **supplementary credit** (*crédito suplementar*) for the Union's 1993 budget. This action allowed the federal government to reallocate funds to specific budgetary categories, ensuring fiscal obligations could be met despite initial budgetary constraints. Key provisions included: - **Budget Appropriation:** Directed additional financial resources to priority areas within the executive branch. - **Fiscal Year Scope:** Applied exclusively to the 1993 fiscal year, reflecting temporary budget adjustments rather than permanent policy changes. ### Approval and Promulgation The law was approved by President Itamar Franco, who exercised his constitutional authority to promulgate legislation. This process involved: - **Draft Legislation:** Originated from executive or legislative proposals addressing fiscal needs. - **Presidential Assent:** Formal approval by the president, a critical step in Brazil's legislative process. - **Publication:** Officially gazetted in Brasília, the federal capital, to ensure legal validity and public access. ### Legal Framework Law No. 8803 operates within Brazil's broader legal and fiscal framework, including: - **Constitutional Basis:** Derived from Article 84 of the 1988 Constitution, which grants the president authority over budget execution. - **Complementary Legislation:** Part of a series of laws governing public finances, such as the Budget Guidelines Law (LDO) and the Annual Budget Law (LOA). - **Jurisdiction:** Applies to the Federal Government of Brazil, excluding state and municipal budgets. ### Historical Context Enacted during a period of economic transition, Law No. 8803 contributed to Brazil's efforts to stabilize its economy in the early 1990s. The law coincided with initiatives like the *Plano Real* (1994), which aimed to curb hyperinflation and reform fiscal practices. By authorizing supplementary credit, the legislation supported immediate fiscal needs while aligning with long-term goals of transparency and accountability in public spending. ### Connected Entities - **Federal Government of Brazil:** The law's primary subject, emphasizing the executive branch's role in fiscal management. - **Itamar Franco:** President responsible for approving the law, underscoring presidential authority in legislative processes. - **1993 Fiscal Year:** The temporal scope of the law, reflecting budgetary challenges and adjustments of that period. - **LexML Brazil:** The law is cataloged in Brazil's legal metadata framework under the unique identifier `urn:lex:br:federal:lei:1993-12-22;8803`. ### Technical Specifications - **Language:** Written in Brazilian Portuguese, the official language of Brazil. - **Access:** Freely available via the Planalto portal, ensuring public transparency as required by Brazilian law. - **Legal Citation:** Formally referenced as **Lei nº 8803, de 22 de dezembro de 1993**, adhering to national legal documentation standards. ## References 1. [Source](https://www.lexml.gov.br/urn/urn:lex:br:federal:lei:1993-12-22;8803) 2. [Source](https://legislacao.presidencia.gov.br/atos?tipo=LEI&numero=8803&ano=1993&data=22/12/1993&ato=9f4ITS65ENFpWTa07)