O ARTIGO 42 DA LEI COMPLEMENTAR Nº 101/2000NO CONTEXTO DA LEI DE RESPONSABILIDADE FISCAL.

This article demonstrates the need to observe fiscal balance, which is not limited to art. 42 of Complementary Law nº. 101/2000, the Fiscal Responsibility Law (LRF), but reaches the entire elective mandate. It demonstrates that Complementary Law Project (PLP) nº 18/1999 was intended to require fiscal balance in each financial year, but was amended and subsequently vetoed by the Executive Branch (art. 41). The veto was maintained and thus the basic principles of planning, balance, limits and transparency were preserved in other devices. The position of the Court of Auditors of the state of Minas Gerais (TCE-MG) and the National Treasury Secretariat (STN) are clear in the sense that the interpretation of the balance of public accounts and debt control are not limited to art. 42 of the LRF. This interpretation is contained in the STN ordinances, which have the prerogative to establish Public Accounting standards for all entities of the federation. Such standards, as well as the understandings of the TCE-MG are convergent in the sense that cash availability must be interpreted as gross cash, deducted from all commitments to be paid, whether from the reference year or from previous years and regardless of time frame.