# Law No. 9518 of November 20, 1997

> Brazilian law

**Wikidata**: [Q105647374](https://www.wikidata.org/wiki/Q105647374)  
**Source**: https://4ort.xyz/entity/law-no-9518-of-november-20-1997

## Summary
Law No. 9518 of November 20, 1997, is a Brazilian statute enacted to authorize supplementary credit for the 1997 fiscal year, specifically addressing budget allocations for the Federal Government of Brazil. Approved by President Fernando Henrique Cardoso, it forms part of Brazil’s statutory framework governing fiscal policy and public expenditure. The law is officially cited as "Lei nº 9518/1997" and is cataloged in the LexML Brazil database under the identifier `urn:lex:br:federal:lei:1997-11-20;9518`.

## Key Facts
- **Enactment Date:** November 20, 1997.
- **Approved By:** Presidency of the Federative Republic of Brazil, under Fernando Henrique Cardoso.
- **Legal Citation:** Lei nº 9518/1997.
- **LexML Brazil ID:** `urn:lex:br:federal:lei:1997-11-20;9518`.
- **Publication Date:** November 20, 1997.
- **Place of Publication:** Brasília, Brazil.
- **Language:** Brazilian Portuguese.
- **Jurisdiction:** Applies to the Federative Republic of Brazil.
- **Main Subjects:** Supplementary credit, budget management, fiscal policy, and public expenditure for the 1997 fiscal year.
- **Related Entities:** Federal Government of Brazil, Presidency of Brazil, and budget management departments.
- **Focus Areas:** Authorization of funds for the Union, reinforcement of the Brazilian economy, and allocation for judiciary and executive branch operations.

## FAQs
**When was Law No. 9518 enacted?**  
Law No. 9518 was enacted on November 20, 1997, during the presidency of Fernando Henrique Cardoso.

**What is the primary purpose of this law?**  
The law authorizes supplementary credit for the 1997 fiscal year, enabling the allocation of funds for specific governmental operations, including judiciary activities and economic reinforcement initiatives.

**Where can the full text of the law be accessed?**  
The complete text is available via the official Brazilian government portal at [https://www.planalto.gov.br/ccivil_03/leis/1995_1997/l9518.htm](https://www.planalto.gov.br/ccivil_03/leis/1995_1997/l9518.htm).

**What governmental branches does it affect?**  
The law pertains to budget allocations for both the executive and judiciary branches of the Brazilian government, ensuring fiscal resources for their operations.

**Why is this law significant in Brazil’s legislative history?**  
It exemplifies Brazil’s statutory process for managing public finances, demonstrating how supplementary credit mechanisms are legally formalized to address fiscal needs during a given year.

## Why It Matters
Law No. 9518 is critical to understanding Brazil’s fiscal governance in the late 1990s, particularly under the administration of Fernando Henrique Cardoso. It highlights the legal mechanisms for budget adjustments, ensuring transparency and accountability in public spending. By authorizing supplementary credit, the law facilitated the allocation of resources for national priorities, including economic stability and judicial functions. This statute reflects Brazil’s broader commitment to structured fiscal policies, which are essential for maintaining economic credibility and meeting governmental obligations. Its enactment underscores the role of presidential authority in shaping fiscal legislation and responding to annual budgetary demands.

## Notable For
- **Supplementary Credit Authorization:** Specifically addresses the opening of supplementary credit lines for the 1997 fiscal year.
- **Presidential Approval:** Enacted under President Fernando Henrique Cardoso, a key figure in Brazil’s economic reforms during the 1990s.
- **Fiscal Transparency:** Contributes to Brazil’s legal framework for public finance management, ensuring legislative oversight of budgetary adjustments.
- **LexML Documentation:** Formally registered in Brazil’s LexML database, enhancing accessibility and legal traceability.
- **Judiciary and Executive Allocation:** Directly impacts funding for judiciary operations and executive branch initiatives, reflecting national priorities.

## Body

### Legislative Context
Law No. 9518 was enacted during a period of economic stabilization in Brazil, following the implementation of the Real Plan in 1994. The law aligns with Brazil’s annual budgetary process, which requires legislative approval for supplementary credit to address unforeseen fiscal needs. As a statute, it adheres to Brazil’s constitutional requirements for fiscal responsibility, ensuring that public expenditures are legally authorized and fiscally prudent.

### Key Provisions
- **Supplementary Credit:** The law authorizes the opening of supplementary credit for the 1997 fiscal year, totaling specific amounts allocated to the Federal Government (União Federal).
- **Budgetary Destinations:** Funds were designated for critical areas, including the judiciary branch, executive departments, and initiatives aimed at reinforcing the Brazilian economy.
- **Fiscal Management:** It emphasizes the role of budget management departments in overseeing the allocation and application of these funds, ensuring compliance with fiscal policies.

### Approval and Publication
- **Presidential Promulgation:** The law was formally approved by President Fernando Henrique Cardoso on November 20, 1997, in accordance with Brazil’s legislative process.
- **Official Gazette:** Published in the *Diário Oficial da União* (Official Gazette of the Union), the primary vehicle for disseminating federal legislation in Brazil.
- **Digital Accessibility:** Archived in the LexML Brazil database, a digital repository for federal legislation, ensuring public access and transparency.

### Related Entities
- **Federal Government of Brazil:** The law directly impacts the fiscal operations of the Federal Government, including its ministries and agencies.
- **Judiciary Branch:** Allocation of funds for judiciary activities underscores the law’s role in supporting the functioning of Brazil’s judicial system.
- **Budget Management Departments:** Entities responsible for fiscal planning and oversight are integral to the law’s implementation, ensuring adherence to budgetary limits and priorities.

### Historical and Fiscal Significance
Law No. 9518 reflects Brazil’s broader challenges in managing public finances during the 1990s, a decade marked by economic reforms and stabilization efforts. By authorizing supplementary credit, the law facilitated the government’s ability to respond to emerging fiscal demands while maintaining compliance with legal and constitutional frameworks. This statute is part of a series of fiscal laws enacted during Cardoso’s presidency, which collectively aimed to modernize Brazil’s budgetary processes and promote economic stability. Its provisions underscore the intricate relationship between legislative action, executive governance, and fiscal accountability in Brazil’s democratic system.

## References

1. [Source](https://www.lexml.gov.br/urn/urn:lex:br:federal:lei:1997-11-20;9518)
2. [Source](https://legislacao.presidencia.gov.br/atos?tipo=LEI&numero=9518&ano=1997&data=20/11/1997&ato=abbUTTE1ENJpWT715)