Market
Outcome of CCJ vote on beach privatization PEC by December 31, 2024
2
Resolution / Starting Odds
Approved by CCJ • 33%
Rejected by CCJ • 33%
Postponed • 34%
Official results from the Brazilian Senate or major news outlets
Story
Flávio Bolsonaro Backs Controversial PEC on Beach Privatization in Brazilian Senate Vote
Dec 1, 2024, 01:56 PM
The Brazilian Senate's Constitution and Justice Commission (CCJ) is set to vote this week on a proposed constitutional amendment (PEC) that would allow the sale of federal land along the country's beaches. The proposal, referred to as the 'PEC da privatização das praias,' has sparked controversy as it is seen by critics as a step toward privatizing Brazil's coastline. The measure, previously removed from the Senate's agenda in May following significant public backlash, is being championed by Flávio Bolsonaro. If passed, the PEC could pave the way for private ownership of beachfront properties, a move that has drawn widespread criticism.
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Act upheld as constitutional • 25%
Act struck down as unconstitutional • 25%
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