# Law No. 8933 of November 9, 1994

> Brazilian law

**Wikidata**: [Q105647430](https://www.wikidata.org/wiki/Q105647430)  
**Source**: https://4ort.xyz/entity/law-no-8933-of-november-9-1994

## Summary
Law No. 8933 of November 9, 1994, is a Brazilian federal statute that establishes the revenue estimates and fixes the expenditures of the Federal Government of Brazil (União Federal) for the 1994 financial year. Promulgated by President Itamar Franco in Brasília, this law functions as the official budget legislation for the nation during that fiscal period.

## Key Facts
- **Official Title:** Lei nº 8933, de 9 de novembro de 1994.
- **Type of Instrument:** Statute (formal written document that creates law).
- **Country of Origin:** Brazil.
- **Date of Publication:** November 9, 1994.
- **Place of Publication:** Brasília, Brazil.
- **Promulgating Authority:** Presidency of the Federative Republic of Brazil (approved by Itamar Franco).
- **Legal Citation:** Lei nº 8933/1994.
- **Primary Function:** Estimates the revenue and fixes the expenditure of the Union (Federal Government) for the 1994 financial year.
- **Main Subjects:** Budget, Federal Government of Brazil, Revenue (Receita), Expense (Despesa), Credit (Creditos), Authorization (Autorização), Funding (Financiamento), Recruitment (Contratação), Criterion (Criterios), and Decision (Fixação).
- **Jurisdiction:** Applies to Brazil.
- **Language:** Brazilian Portuguese.
- **Official Identifiers:** LexML Brazil ID `urn:lex:br:federal:lei:1994-11-09;8933`.
- **Availability:** Full text available at `https://www.planalto.gov.br/ccivil_03/leis/1989_1994/l8933.htm`.
- **WikiProject Status:** On the focus list of WikiProject Brazilian Laws.

## FAQs
**What is the primary purpose of Law No. 8933/1994?**
The primary purpose of this law is to serve as the Annual Budget Law (Lei Orçamentária Anual) for Brazil's federal government, specifically by estimating how much money the government expects to receive (revenue) and setting the limits on how much it can spend (expenditure) during the 1994 financial year.

**Who signed Law No. 8933 into effect?**
The law was promulgated by the Presidency of the Federative Republic of Brazil, specifically under President Itamar Franco, who was the sitting president at the time of its publication on November 9, 1994.

**What does the law's title mean in English?**
The full legal title, "Lei nº 8933, de 9 de novembro de 1994," translates to "Law No. 8933 of November 9, 1994." The law digest summarizes its content as "ESTIMA A RECEITA E FIXA A DESPESA DA UNIÃO PARA O EXERCICIO FINANCEIRO DE 1994," which translates to "Estimates the revenue and fixes the expenditure of the Union for the 1994 financial year."

## Why It Matters
Law No. 8933/1994 is significant as the primary legal instrument governing the federal budget of Brazil for the 1994 fiscal year. As a statute, it represents the concrete manifestation of fiscal policy and statutory law for that period. The law is foundational to the operation of the Brazilian federal government, as it legally authorizes all federal expenditures and provides the framework for revenue collection.

The 1994 fiscal year was a particularly critical period in Brazil's economic history, coinciding with the implementation of the Real Plan (Plano Real) which introduced the Brazilian real currency on July 1, 1994, to combat hyperinflation. While the law's text focuses on budget authorization, its timing places it directly within Brazil's most significant economic stabilization effort. By legally establishing the parameters for credit, funding, expenses, and revenue, this statute provided the necessary financial structure for the federal government to operate during this pivotal transition.

## Notable For
- **Budget Legislation:** Serves as the definitive federal budget law for Brazil's 1994 financial year, covering all revenue estimates and expenditure authorizations for the Union.
- **Promulgation During Economic Stabilization:** Was signed into law in November 1994, the same year Brazil implemented the Real Plan and introduced the Brazilian real currency to combat hyperinflation.
- **Comprehensive Fiscal Scope:** Addresses a wide array of financial subjects including budget authorization, credit opening (Abertura De Credito), funding mechanisms, recruitment regulations, and expense criteria for the entire federal government.
- **Legal Classification:** Represents a formal statute, a foundational legal concept that functions as a formal written document creating law and serving as the manifestation of statutory law.
- **Official Digital Access:** Is part of the Brazilian government's digital legal repository, accessible via the official Planalto Palace website and indexed with a unique LexML Brazil identifier.

## Body

### Definition and Legal Classification
Law No. 8933 of November 9, 1994, is formally classified as a **statute**, which is a formal written document enacted to create law. As a statute, it serves as a concrete manifestation of statutory law and is a subclass of "written work," "document," and "rule." The law was published in **Brazilian Portuguese**, the official language of Brazil, and applies to the entire jurisdiction of the Federative Republic of Brazil. Its official legal citation is **Lei nº 8933/1994**.

### Promulgation and Authority
The statute was promulgated by the **Presidency of the Federative Republic of Brazil** with **Itamar Franco** serving as President (qualifier: determination method = promulgation). The point in time for this event was **November 9, 1994**, and the place of publication was **Brasília**, the federal capital of Brazil. The law is an instance of a **statute** and falls under the purview of the **Federal Government of Brazil (União Federal)**.

### Core Function and Digest
The law's primary function is succinctly captured in its law digest: **"ESTIMA A RECEITA E FIXA A DESPESA DA UNIÃO PARA O EXERCICIO FINANCEIRO DE 1994"** (Estimates the revenue and fixes the expenditure of the Union for the 1994 financial year). This makes it the principal legal instrument for federal fiscal management for that specific year, authorizing all monetary inflows and outflows for the national government.

### Subjects and Scope
The law encompasses a broad range of financial and administrative subjects essential to federal budget operations:
- **Budget (Orçamento):** The central subject, defining the financial plan for the fiscal year.
- **Federal Government of Brazil (União Federal):** The entity to which the budget applies.
- **Revenue (Receita):** Estimates of income to be collected by the government.
- **Expense (Despesa):** Fixed limits on government spending.
- **Credit (Creditos) & Credit Opening (Abertura De Credito):** Provisions related to credit allocation and authorization.
- **Authorization (Autorização):** Legal permissions for specific expenditures and actions.
- **Funding (Financiamento):** Mechanisms for funding government operations.
- **Recruitment (Contratação):** Rules or authorizations related to hiring or contracting.
- **Criterion (Criterios):** Standards and rules governing budget execution.
- **Decision (Fixação):** The formal establishment of budgetary parameters.
- **Executive Branch (Executivo):** The branch of government responsible for proposing and executing the budget.

### Identifiers and Access
The law is indexed with several official identifiers and is available through multiple authoritative channels:
- **LexML Brazil ID:** `urn:lex:br:federal:lei:1994-11-09;8933`. This is a unique identifier within the Brazilian legal metadata system.
- **Official URL:** The full text of the law is available for public access at `https://www.planalto.gov.br/ccivil_03/leis/1989_1994/l8933.htm`, hosted on the official website of the Planalto Palace (the seat of the Brazilian federal government).
- **WikiProject Focus:** The entity is on the focus list of **WikiProject Brazilian Laws**, indicating its recognized importance in structured knowledge bases dedicated to Brazilian legislation.

### Context of Statutes
As a statute, Law No. 8933 is part of a broader global and historical context of formal legal documents. Statutes are generally in the **public domain** in jurisdictions like the United States and France, based on the "edict of government doctrine," which ensures public accessibility to official legal texts. In structured data and web ontology, the concept of a statute is equivalent to `https://schema.org/Legislation`. This law, like other statutes, serves as the definitive reference point for the legal rules it establishes, functioning as a part of the broader concepts of "law" and "legal act."

## References

1. [Source](https://www.lexml.gov.br/urn/urn:lex:br:federal:lei:1994-11-09;8933)
2. [Source](https://legislacao.presidencia.gov.br/atos?tipo=LEI&numero=8933&ano=1994&data=09/11/1994&ato=59fATQU50dJpWTf96)
3. LexML Brasil