The Senate of the province of Buenos Aires passed the 2026 Budget Bill and the Tax Imposition Bill into law, thus guaranteeing the financial roadmap for the upcoming year. The bill allocates essential resources such as Social Promotion and Assistance (1.7 trillion pesos), Health (1.7 trillion pesos), and Security (1.4 trillion pesos).
A key political point in the Budget is the creation of a State National Debt Recovery Fund, aimed at reclaiming resources owed by the federal government.
Tax Relief: Reduction of Vehicle Tax In terms of revenue collection, the Tax Bill focused on progressivity and reducing distortions without increasing general tax pressure.
Automobiles: A nominal reduction in the vehicle tax is projected, which will benefit 75% of provincial taxpayers (approximately 1.5 million automobiles).
Real Estate Tax: Additional installments are eliminated for 100% of property owners, and a reduction in taxes to be paid in real terms is expected due to nominal updates.
Senator Marcelo Feliú highlighted that the approval of the financing guarantees "the feasibility of the government plan's execution" and includes necessary funds for the 135 municipalities.
The "mother of all laws" projects a total investment of over 43 trillion pesos and prioritizes social spending and infrastructure.
According to the Argentine News Agency, the project seeks to guarantee fiscal sustainability, protect vulnerable sectors, and continue with key investments.
In the same session, the appointment of Flavia Terigi as the new General Director of Culture and Education was approved.
