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Complementary Law No. 200 regulating article 226-a of the Constitution of the State of Rio de Janeiro, which established the Sovereign Fund of the State of Rio de Janeiro.

Country
Type of law
Legislation
Date of original text
Date of latest amendment
Source

Abstract
This Law creates the Sovereign Fund of the State of Rio de Janeiro, a special fund of a financial and accounting nature, linked to the State Executive Branch, with the following purposes: constitute a public savings fund with public resources from the exploitation of oil and natural gas; mitigate the instability of revenue flows from oil and natural gas exploration indemnities; guarantee the State's fiscal sustainability in the short, medium and long term; increase savings for future generations; protect Rio's budget and economy from excess volatility in revenues from oil royalties; finance the social and economic development of the state of Rio de Janeiro.
Entry into force notes
This Law enters into force on the day of its publication.
Notes
Last amended up to Complementary Law No. 214, of 7 November 2023.
Repealed
No
Source language

English

Legislation Amendment
No
Original title
Lei Complementar Nº 200 - Regulamenta o artigo 226-a da Constituição do Estado do Rio de Janeiro, que instituiu o Fundo Soberano do Estado do Rio de Janeiro.