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What it is

More time and more control for regional and local funding aid

BOE step 7 of 7 · Passed

It is a government bill. Introduced by the Government. It was introduced on 20 July 2012. Introduced by: Gobierno.

Official title: Organic Government bill amending Organic Law 2/2012, of April 27, on Budgetary Stability and Financial Sustainability.

Follow this law

Source: Congreso de los Diputados, file 121/000016· updated 11 Nov

Automatic summary, not yet reviewed

  1. The deadlines for the extraordinary liquidity mechanisms (urgent State money) can be extended by decision of the Commission Delegated for Economic Affairs of the Government, if regions or local governments have trouble accessing financial markets.
  2. Autonomous communities using these mechanisms must send information to the Ministry of Finance monthly instead of quarterly, including data on their treasury plan, compliance with their adjustment plan, and any deviations.
  3. All Public Administrations must have treasury plans showing they can pay their debts. If the Government sees a risk of non-payment, it is considered to seriously harm the general interest and the measures in Article 26 of the previous law apply.
  4. The increase in central government debt from financing these mechanisms is counted toward the regions and local governments that receive the money, in the amount they received.

Who it affects

  • Autonomous communities that access the funding mechanisms: They must sign an adjustment plan, send monthly information, and accept controls if they request liquidity aid from the State.
  • Local corporations (municipal councils and other local entities): They must submit comptroller reports on the execution of adjustment plans, annually or quarterly depending on the case.
  • All Public Administrations: They must have treasury plans showing their ability to pay debt maturities.
  • Government and Ministry of Finance and Public Administrations: It can extend the deadlines for the mechanisms, monitor adjustment plans, and declare a risk of non-payment.

Words worth knowing

Liquidez (liquidity)
Money available in the short term to pay what is owed.
Plan de ajuste (adjustment plan)
A set of spending cuts and controls the administration must follow to receive the aid.
Plan de tesorería (treasury plan)
A forecast of income and payments that shows whether there will be money to cover debts.
Comisión Delegada del Gobierno para Asuntos Económicos
A Government body that makes decisions on economic matters.
Interventor (comptroller)
A public official who checks that an administration's income and spending follow the rules.

It summarizes the law as published in the BOE. It is written by artificial intelligence and may contain mistakes: the official text is what counts. Read the official text · How we make summaries

Where it stands

How far did it get?

It took 7 of 7 steps. It reached BOE, and today it is passed.

  1. Introduced20 July 2012Someone registers the text in the Congreso.
  2. Admitted24 July 2012The Bureau of the Congreso accepts it and, for a members’ bill, the plenary decides whether to consider it.
  3. Amendments27 July 2012Groups propose changes.
  4. Committee4 September 2012A committee goes through the text in detail.
  5. Plenary11 September 2012All 350 deputies vote.
  6. Senate13 September 2012The Senate can pass it, amend it or veto it.
  7. BOE26 September 2012It is published in the Official State Gazette (BOE) and comes into force.
See the 9 official steps on a timeline
Jul 2012Jul 2012Aug 2012Aug 2012Aug 2012Aug 2012Sept 2012Sept 2012Sept 2012Sept 201211. 20 July 2012: Presentación22. 24 July 2012: Comisión de Hacienda y Administraciones Públicas Publicación desde 24/07/2012 hasta 27/07/201233. 24 July 2012: Calificación44. 27 July 2012: Comisión de Hacienda y Administraciones Públicas Enmiendas desde 27/07/2012 hasta 29/08/201255. 29 August 2012: Comisión de Hacienda y Administraciones Públicas Mesa - Calificación desde 29/08/2012 hasta 04/09/201266. 4 September 2012: Comisión de Hacienda y Administraciones Públicas Debate de totalidad desde 04/09/2012 hasta 11/09/201277. 11 September 2012: Pleno Aprobación desde 11/09/2012 hasta 13/09/201288. 13 September 2012: Senado desde 13/09/2012 hasta 26/09/201299. 26 September 2012: Concluido - (Aprobado con modificaciones) desde 26/09/2012 hasta 16/10/2012 Nota: Las modificaciones corresponden a correcciones técnicas

13 September 2012

How did the plenary vote?

More votes in favour 182 yes · 129 no · 8 abst.

Voted on: Overall vote on the text of the Government bill to be processed in a single reading and having an organic character.

This law had 23 votes; this is the latest with every deputy’s vote. See them all

Source: Congreso de los Diputados, vote 32 of sitting 53· updated 10 Nov

Each dot is a seat. Tap one, or use the arrow keys, to see who it is.

Your province

How did the deputies from your province vote?

And your senators: the Senate does not link its votes to this law in its open data, so we cannot put them side by side here.

Or see how most of each province voted
More details: how each group and each province voted

The groups

Who voted in favour and who against?

In favour, most of Popular en el Congreso. Against, most of Socialista, Mixto, GC-CiU, GIP and GUPyD. 7 deputies voted differently from their group.

By province: in 39 most voted in favour; in 5, against.

Coloured by how most of each province’s deputies voted.

  • In favour: 39
  • Against: 5
  • Abstained: 1
  • Tie: 7
Result by parliamentary group
GroupSeatsHow it voted
Socialista110
1 in favour · 93 against · 1 abst. · 15 did not vote
Vasco (EAJ-PNV)5
5 abst.
Mixto18
2 in favour · 6 against · 1 abst. · 9 did not vote
GC-CiU16
14 against · 1 abst. · 1 did not vote
GIP11
10 against · 1 did not vote
GUPyD5
5 against
Popular en el Congreso185
179 in favour · 1 against · 5 did not vote

What happens next

What happens now?

It is law, or will be once published in the BOE. It comes into force on the date its own text sets.

The same initiative in the other chamber:

Published in the BOE: Organic Law 4/2012, of September 28, amending Organic Law 2/2012, of April 27, on Budgetary Stability and Financial Sustainability.

Sources

Where does all this come from?

  • The data comes from the open files of the Congreso, the Senate and the BOE, unaltered.
  • Each deputy’s province is the one of their seat on the day of the vote.
  • We only say “passed” or “rejected” when the majority needed is certain; otherwise we say which side had more votes.

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