IBOV 175,707.73 ▼ 0.53% IPSA 10,945.86 ▼ 0.71% IPC MEX 66,529.27 ▲ 0.85% MERVAL 3,251,266 ▲ 0.68% COLCAP 2,294.60 ▼ 0.18% BVL PERÚ 57,174.37 — — USD/BRL5.08▲ 0.10% USD/MXN17.38▼ 0.26% USD/CLP923.70▼ 0.31% USD/COP3,220▼ 0.51% USD/PEN3.38▼ 0.25% USD/ARS1,476▲ 0.34% USD/UYU40.15▲ 1.04% USD/PYG6,039▲ 1.28% USD/BOB10.65▲ 5.99% USD/DOP58.27▼ 0.05% USD/CRC447.49▲ 0.88% USD/GTQ7.62▲ 2.09% USD/HNL26.73▼ 0.01% USD/NIO36.62▲ 0.31% USD/VES723.93▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD156.98▼ 0.33% USD/TTD6.76▲ 1.32% EUR/BRL5.82▼ 0.64% BRENT 84.66 ▼ 0.08% WTI 79.28 ▼ 0.08% IRON ORE 161.91 — — COPPER 6.35 ▲ 0.30% GOLD 4,043 ▼ 0.45% SILVER 57.36 ▼ 2.40% SOY 1,201 ▼ 0.56% CORN 469.75 ▲ 8.30% WHEAT 679.25 ▲ 7.60% COFFEE 325.00 ▼ 3.62% SUGAR 14.86 ▼ 0.13% ORANGE JUICE 136.65 ▼ 2.57% COTTON 82.13 ▲ 3.18% COCOA 5,910 ▲ 4.42% BEEF 230.23 ▼ 0.52% CATTLE 344.43 ▼ 1.25% LITHIUM 70.76 ▼ 1.15% PETR4 40.39 ▼ 0.66% VALE3 74.37 ▲ 0.49% ITUB4 43.18 ▼ 1.03% BBDC4 18.56 ▼ 0.38% ABEV3 15.56 ▼ 1.58% BBAS3 20.60 ▲ 0.05% B3SA3 15.73 ▲ 2.61% WEGE3 43.89 ▼ 0.70% PRIO3 57.28 ▼ 0.50% SUZB3 41.42 ▲ 0.75% RENT3 40.29 ▼ 0.62% AZZA3 18.71 ▼ 0.74% CSAN3 3.87 ▼ 0.51% RAIZ4 0.30 ▼ 3.23% PCAR3 2.45 — 0.00% GMAT3 3.96 — 0.00% PSSA3 55.24 ▲ 1.75% CVCB3 1.36 ▼ 1.45% POSI3 3.92 ▼ 1.75% SLCE3 13.46 ▼ 2.53% NATU3 8.63 ▲ 0.94% BRKM5 6.42 ▼ 6.00% RANI3 8.00 ▼ 0.12% CSNA3 5.13 ▼ 1.35% CMIN3 5.13 ▲ 0.59% USIM5 8.09 ▼ 1.70% GGBR4 23.93 ▲ 2.62% ENEV3 26.88 ▼ 1.07% CPFE3 46.79 ▼ 0.87% CMIG4 11.16 ▼ 0.36% EQTL3 40.44 ▼ 1.25% LREN3 14.10 ▼ 1.33% VIVT3 35.51 ▼ 0.03% RAIL3 13.99 ▼ 0.99% KLABIN 17.36 ▲ 0.23% RAIA DROGASIL 18.61 ▲ 0.05% RDOR3 35.93 ▼ 0.33% HAPV3 10.91 ▼ 2.50% FLRY3 16.41 — 0.00% SMTO3 15.45 ▼ 4.16% UGPA3 30.53 ▲ 1.39% VBBR3 33.41 ▲ 0.33% BBSE3 40.50 ▲ 0.27% BPAC11 57.01 ▼ 1.62% CURY3 33.06 ▼ 1.58% AERI3 2.03 ▼ 1.93% VIVARA 23.39 ▼ 0.17% COMPASS 25.06 ▼ 0.56% VAMOS 3.07 ▼ 2.54% SANB11 27.16 ▼ 0.66% ASAI3 8.71 ▲ 0.58% SBSP3 29.94 ▼ 1.32% WALMEX 49.77 ▲ 1.01% GMEXICO 200.06 ▲ 0.25% FEMSA 223.60 ▼ 2.49% CEMEX 22.51 ▲ 1.40% GFNORTE 184.60 ▼ 0.85% BIMBO 57.43 ▲ 1.90% TELEVISA 9.56 ▲ 0.31% AMX 22.70 ▼ 0.66% GAP 395.56 ▲ 0.08% ASUR 282.43 ▲ 2.47% OMA 235.54 ▲ 0.22% KOF 175.56 ▼ 2.41% GRUMA 279.97 ▲ 0.20% KIMBER 38.67 ▲ 0.60% SQM-B 65,600 ▼ 3.39% COPEC 6,219 ▲ 0.15% BSANTANDER 77.41 ▼ 1.56% FALABELLA 5,905 ▲ 0.51% ENELAM 85.16 ▼ 0.69% CENCOSUD 2,020 ▼ 0.98% CMPC 1,085 ▼ 1.60% BANCO CHILE 187.01 ▼ 1.31% LATAM AIR 25.16 ▲ 1.04% YPF 77,575 ▼ 0.26% GGAL 8,060 ▲ 1.90% PAMPA 5,145 ▼ 1.63% TXAR 668.00 ▲ 0.91% ALUAR 955.00 ▲ 0.63% TGS 9,670 ▼ 0.41% CEPU 2,328 ▲ 0.04% MIRGOR 16,975 ▲ 1.34% COME 45.53 ▼ 0.48% LOMA NEGRA 3,555 ▲ 0.64% BYMA 302.25 ▲ 0.42% TELECOM ARG 4,328 ▼ 0.12% ECOPETROL 16.08 ▼ 0.53% BANCOLOMBIA 81.72 ▼ 0.47% GRUPO AVAL 5.00 ▲ 1.01% CREDICORP 396.93 ▲ 1.20% SOUTHERN COPPER 178.36 ▼ 2.21% BUENAVENTURA 30.44 ▼ 1.90% MERCADOLIBRE 1,845 ▼ 1.56% NUBANK 14.07 ▲ 0.59% XP 17.01 ▲ 0.83% PAGSEGURO 9.21 ▼ 0.81% STONE 11.27 ▼ 0.31% GLOBANT 31.96 ▲ 3.36% TECNOGLASS 45.12 ▲ 2.00% GAP AIRPORT 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▼ 0.29% USD/COP 3,222 ▼ 0.45% USD/PEN 3.38 ▼ 0.23% USD/ARS 1,476 ▲ 0.34% USD/UYU 40.15 ▲ 1.04% USD/PYG 6,039 ▲ 1.28% USD/BOB 10.65 ▲ 5.99% USD/DOP 58.27 ▼ 0.05% USD/CRC 447.49 ▲ 0.88% USD/GTQ 7.62 ▲ 2.09% USD/HNL 26.73 ▼ 0.01% USD/NIO 36.62 ▲ 0.31% USD/VES 723.93 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 156.98 ▼ 0.33% USD/TTD 6.76 ▲ 1.32% EUR/BRL 5.82 ▼ 0.64% BRENT 84.66 ▼ 0.08% WTI 79.28 ▼ 0.08% IRON ORE 161.91 — — COPPER 6.35 ▲ 0.30% GOLD 4,043 ▼ 0.45% SILVER 57.36 ▼ 2.40% SOY 1,201 ▼ 0.56% CORN 469.75 ▲ 8.30% WHEAT 679.25 ▲ 7.60% COFFEE 325.00 ▼ 3.62% SUGAR 14.86 ▼ 0.13% ORANGE JUICE 136.65 ▼ 2.57% COTTON 82.13 ▲ 3.18% COCOA 5,910 ▲ 4.42% BEEF 230.23 ▼ 0.52% CATTLE 344.43 ▼ 1.25% LITHIUM 70.76 ▼ 1.15% PETR4 40.39 ▼ 0.66% VALE3 74.37 ▲ 0.49% ITUB4 43.18 ▼ 1.03% BBDC4 18.56 ▼ 0.38% ABEV3 15.56 ▼ 1.58% BBAS3 20.60 ▲ 0.05% B3SA3 15.73 ▲ 2.61% WEGE3 43.89 ▼ 0.70% PRIO3 57.28 ▼ 0.50% SUZB3 41.42 ▲ 0.75% RENT3 40.29 ▼ 0.62% AZZA3 18.71 ▼ 0.74% CSAN3 3.87 ▼ 0.51% RAIZ4 0.30 ▼ 3.23% PCAR3 2.45 — 0.00% GMAT3 3.96 — 0.00% PSSA3 55.24 ▲ 1.75% CVCB3 1.36 ▼ 1.45% POSI3 3.92 ▼ 1.75% SLCE3 13.46 ▼ 2.53% NATU3 8.63 ▲ 0.94% BRKM5 6.42 ▼ 6.00% RANI3 8.00 ▼ 0.12% CSNA3 5.13 ▼ 1.35% CMIN3 5.13 ▲ 0.59% USIM5 8.09 ▼ 1.70% GGBR4 23.93 ▲ 2.62% ENEV3 26.88 ▼ 1.07% CPFE3 46.79 ▼ 0.87% CMIG4 11.16 ▼ 0.36% EQTL3 40.44 ▼ 1.25% LREN3 14.10 ▼ 1.33% VIVT3 35.51 ▼ 0.03% RAIL3 13.99 ▼ 0.99% KLABIN 17.36 ▲ 0.23% RAIA DROGASIL 18.61 ▲ 0.05% RDOR3 35.93 ▼ 0.33% HAPV3 10.91 ▼ 2.50% FLRY3 16.41 — 0.00% SMTO3 15.45 ▼ 4.16% UGPA3 30.53 ▲ 1.39% VBBR3 33.41 ▲ 0.33% BBSE3 40.50 ▲ 0.27% BPAC11 57.01 ▼ 1.62% CURY3 33.06 ▼ 1.58% AERI3 2.03 ▼ 1.93% VIVARA 23.39 ▼ 0.17% COMPASS 25.06 ▼ 0.56% VAMOS 3.07 ▼ 2.54% SANB11 27.16 ▼ 0.66% ASAI3 8.71 ▲ 0.58% SBSP3 29.94 ▼ 1.32% WALMEX 49.77 ▲ 1.01% GMEXICO 200.06 ▲ 0.25% FEMSA 223.60 ▼ 2.49% CEMEX 22.51 ▲ 1.40% GFNORTE 184.60 ▼ 0.85% BIMBO 57.43 ▲ 1.90% TELEVISA 9.56 ▲ 0.31% AMX 22.70 ▼ 0.66% GAP 395.56 ▲ 0.08% ASUR 282.43 ▲ 2.47% OMA 235.54 ▲ 0.22% KOF 175.56 ▼ 2.41% GRUMA 279.97 ▲ 0.20% KIMBER 38.67 ▲ 0.60% SQM-B 65,600 ▼ 3.39% COPEC 6,219 ▲ 0.15% BSANTANDER 77.41 ▼ 1.56% FALABELLA 5,905 ▲ 0.51% ENELAM 85.16 ▼ 0.69% CENCOSUD 2,020 ▼ 0.98% CMPC 1,085 ▼ 1.60% BANCO CHILE 187.01 ▼ 1.31% LATAM AIR 25.16 ▲ 1.04% YPF 77,575 ▼ 0.26% GGAL 8,060 ▲ 1.90% PAMPA 5,145 ▼ 1.63% TXAR 668.00 ▲ 0.91% ALUAR 955.00 ▲ 0.63% TGS 9,670 ▼ 0.41% CEPU 2,328 ▲ 0.04% MIRGOR 16,975 ▲ 1.34% COME 45.53 ▼ 0.48% LOMA NEGRA 3,555 ▲ 0.64% BYMA 302.25 ▲ 0.42% TELECOM ARG 4,328 ▼ 0.12% ECOPETROL 16.08 ▼ 0.53% BANCOLOMBIA 81.72 ▼ 0.47% GRUPO AVAL 5.00 ▲ 1.01% CREDICORP 396.93 ▲ 1.20% SOUTHERN COPPER 178.36 ▼ 2.21% BUENAVENTURA 30.44 ▼ 1.90% MERCADOLIBRE 1,845 ▼ 1.56% NUBANK 14.07 ▲ 0.59% XP 17.01 ▲ 0.83% PAGSEGURO 9.21 ▼ 0.81% STONE 11.27 ▼ 0.31% GLOBANT 31.96 ▲ 3.36% TECNOGLASS 45.12 ▲ 2.00% GAP AIRPORT 227.47 ▲ 0.67% ASUR 282.43 ▲ 2.47% OMA AIRPORT 108.20 ▲ 0.52% AMX ADR 26.03 ▼ 0.57% FEMSA ADR 128.51 ▼ 3.50% CEMEX ADR 12.97 ▲ 1.33% PETROBRAS ADR 17.74 ▼ 1.03% VALE 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Wednesday, July 15, 2026

Brazil’s Chamber of Deputies passes new electoral code

By · September 10, 2021 · 3 min read

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RIO DE JANEIRO, BRAZIL – The bill was approved by 378 votes in favor and 80 against. The document has almost 900 articles and reforms the political party and electoral
legislation. Legislators will continue analyzing proposed amendments next week.

To come into force in time for the 2022 elections, the bill must be passed by both the Chamber and Senate by the end of September. According to rapporteur Deputy Margarete Menezes, the proposal’s goal is to limit the judicialization of elections in Brazil.

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The Chamber of Deputies passed the bill establishing the new Electoral Code. (Photo internet reproduction)
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“It is necessary to rescue the popular role in the choice of their representatives. Excessive judicialization often implies the replacement of citizens’ political preferences by choices made by people who are not responsive to society,” the deputy said.

CHANGES

The bill foresees authorization for coalition candidacies for deputy and councilor positions. An innovation in political activity, this type of candidacy is marked by collective decision making as to the position of the elected representative in votes and legislative procedures.

The bill bans the publication of electoral polls on the eve and the day of the election. In addition, it requires polling institutes to report the success rate of polls conducted in the past 5 elections.

The matter reduces the term for the Electoral courts to judge the rendering of accounts from 5 to 3 years, thus becoming administrative procedures. The fine for irregularities in the rendering of accounts will now be 5% of the irregular amount, and no longer 20%, as it is now.

The new Electoral Code also establishes a limit of 8 years for loss of political rights based on the Clean Record Act. Today, the period may be longer due to judicial proceedings.

The bill also establishes that votes for women, indigenous and black count for two for the purposes of distributing Electoral Fund resources. The measure is designed to increase the share of these populations in politics.

The bill also changes the rules for party fidelity, by extending the obligation to remain in the same party after the election to governors, mayors and the president. Currently, only legislators must comply with party fidelity.

One of the highlights already passed by the deputies limited the change of party affiliation only to the end of the mandate, before the next election. According to the rapporteur’s text, the change could occur every two years.

Moreover, the new code increases the minimum number of a party’s members in the Chamber from 5 to 10, in order for the party to guarantee its candidates participate in electoral debates on radio and television.

Another provision establishes measures against the spread of fake news in elections by authorizing the Electoral Court to suspend profiles identified as robots on social networks during the election.

Another article mandates a quarantine for police officers who are going to run for elective office – they will be required to leave their posts 5 years before the election. The new rule will be in force as of 2026. Initially, the proposal included military, police, judges and members of the Prosecutor’s Office, but deputies removed most of these categories.

AGAINST

The only parties that spoke out against the bill were Novo, Rede and PSOL. According to deputy Marcel van Hattem (Novo-RS), the bill was analyzed without a thorough discussion.

“We do not want this bill to be put on the agenda in time for the changes to be effective for the next elections. There are many controversial issues that need to be clarified,” van Hattem said.

Commentators have noted that the Senate has been lukewarm to this proposal, and may well delay debate on the question until after the September 30 deadline has passed, thus preventing the Code from entering into effect for the October 2022 elections.

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