Tuesday 31 January 2023

Franggi Nicolás asks Carlos Alvarado “to put himself in the shoes of the people” and not to veto

President has this week to sign the bill for the reduction in the 2022 Marchamo to take effect on November 1. Or not.

Paying the bills

Latest

A promise: Starting in April, drivers will connect Ruta 32 and La Uruca in just five minutes

QCOSTARICA - With the objective of removing the largest...

Protect yourself from the Sun!

Protect yourself from the sun! The national weather service,...

Costa Rica’s US$160mn Circunvalación Norte

QCOSTARICA - Costa Rica opened part of San José’s...

How to Choose a Smartphone by Brand, Carrier or Features

Choosing a new smartphone for yourself can be a...

The long weekends in Costa Rica in 2023

QCOSTARICA - In 2023 there will be seven long...

Summer vacations almost over: return to classes is on Feb 6

QCOSTARICA - Next Monday, February 6, the 2023 school...

Dollar Exchange

¢549.76 Buy

¢557.40 Sell

31 January 2023 - At The Banks - BCCR

Paying the bills

Share

QCOSTARICA -The reduction of the 2022 Marchamo, approved by the legislature last week, now depends on the signature of President Carlos Alvarado, who also has the power of the veto.

PLN Legislator Franggi Nicolás. Image from La República

Franggi Nicolás, a PLN legislator and promoter of the reduction bill, asks the president to “put himself in the shoes of the people.”

“Fortunately, despite the pettiness of this government and the threats of a boycott from the ruling party, they could not reduce the votes necessary for this bill to reduce the Marchamo. When I presented it together with other fellow legislators, it was clear that, in the midst of this tough crisis, citizens deserve signs of relief that will allow them to close this year with greater ease,” said Nicolás.

- Advertisement -

The president must sign the bill before November 1 begins, otherwise, it cannot be applied.

Read more: The future of the 2022 Marchamo reduction in limbo

What the legislator is referring to is one of three options President Alvarado has with the bill now sitting on his desk: that is do nothing – not make a political decision to veto or not – and let the prescribed time run its course, that would in effect allow the bill to go into effect.

But the time makes the time run down useless as the bill has to be signed by the president and published in La Gaceta, the official government newsletter, prior to November 1, the mandate date for the Instituto Nacional de Seguros (INS) to start collecting the annual circulation permit.

Yes, there could be a slight delay, as was the case last year, when the 2021 Marchamo payment became available on November 2.

The opposition to the bill, PAC legislators, warned the same warning of the Alvarado government of the effect on public finances, a ¢30 billion colones hole in the public pocketbook.

- Advertisement -

The Marchamo reduction establishes a staggered charge, in which owners of vehicles with a higher tax value would pay more, to vehicles with a fiscal or tax value of less than ¢15 million colones.

The bill also includes a condonation of past Marchamos, that is to say owners of vehicles who have outstanding Marchamos can get their debt with the government wiped clean with the payment of the 2022 Marchamo by the December 31 due date.

If the President vetoes the bill, the law requires it to be sent back to the legislature with changes. Timing is the key here, given that November 1 is less than a legislator’s work week away, there most likely won’t be enough time for the changes to make it through the legislative process.

Stay tuned.

- Advertisement -
Paying the bills
Avatar photo
Ricohttp://www.theqmedia.com
"Rico" is the crazy mind behind the Q media websites, a series of online magazines where everything is Q! In these times of new normal, stay at home. Stay safe. Stay healthy.

Related Articles

Replacing license plates and/or stickers of your vehicle

QCOSTARICA - How do you go about replacing the license plates...

Subscribe to our stories

To be updated with all the latest news, offers and special announcements.