Published: June 8, 2022

House committee approves sharing of lottery resources by sports entities in Brazil

The Sports Committee of Brazil’s Chamber of Deputies approved Bill 5714/19, which allows sports entities that receive funds from lotteries to enter into cooperation agreements to carry out common projects, with the transfer of resources between them. The text amends Law 13,756/18, which established the distribution of the established percentages, with the beneficiary being responsible for the execution, monitoring and accountability of the amounts.

 

The proposal, by former deputy Roman (PR), was approved on the recommendation of the rapporteur, deputy Fábio Mitidieri (PSD-SE). "The possibility of bringing together sports entities is a great evolution, providing a more systemic model of interaction to meet mutual objectives," said the rapporteur.

The measure benefits the Brazilian Olympic Committee (COB), Brazilian Paralympic Committee (CPB), Brazilian Club Committee (CBC), Brazilian School Sports Confederation (CBDE), Brazilian University Sports Confederation (CBDU) and the National Federation of Sports Clubs (Fenaclubes).

The approved text amends Law 13,756/18, which fixed the distribution of lottery resources to sports entities. The funds transferred by mutual agreement will compose the budget of the beneficiary entity, which will be responsible for the execution, monitoring and accountability.

The project is being processed in a conclusive character and will still be analyzed by the Finance and Taxation commissions; and Constitution and Justice and Citizenship.

https://www.gamesbras.com/english-version/2022/6/1/house-committee-approves-sharing-of-lottery-resources-by-sports-entities-in-brazil-30915.html

© Public Gaming Research Institute. All rights reserved.