Brazil’s Congress sets up Bets MP committee as Chamber consults question government’s revenue-loss calculations

Brazil’s National Congress named the members of the joint committee that will review Provisional Measure No. 1.394/2026, the text aimed at banning the exploitation, offering, intermediation, and advertising of fixed-odds betting in the country. For PSPs and operators, the important part is not just the ban itself, but the legislative process now moving into emendation and committee review while the government’s fiscal case is already being challenged.

1. On Wednesday, 30/09, Congress named the members of the joint committee that will analyze MP No. 1.394/2026. The composition will be published in the Diário do Congresso Nacional on Thursday, 1/10.
2. The deadline for amendments also ends on Thursday, with the system accepting proposals until 23:59. The committee has not yet been installed, and there is still no agreement on who will serve as chair and rapporteur.
3. The chair will come from the Senate and the rapporteur from the Chamber of Deputies. Their names depend on an agreement among party leaders, and the rapporteur will be responsible for reviewing the text and the amendments before issuing the report to be voted on by the committee.
4. At the same time, the Chamber’s Budget and Financial Oversight Consultancy attached a technical note to the process saying the government did not explain the assumptions and methodology behind its revenue-loss estimates. The note, dated 29 September and signed by consultant Tiago Mota Avelar Almeida, is required under Resolution No. 1/2002 of Congress.
5. The MP’s Explanatory Memorandum projects a drop in tax revenue of R$ 1,541 billion in 2026, R$ 5,150 billion in 2027 and R$ 5,330 billion in 2028. The same document also estimates a loss tied to the supervision fee, but the text provided does not complete that figure.

The committee’s political makeup is already on paper, with deputies and senators named from across the main blocs, but several seats remain unfilled. For betting and payments businesses, the near-term issue is straightforward: the amendment window closes Thursday, and the fiscal arithmetic behind the MP is already under scrutiny before the committee even starts work.