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What it is

Ban on raising prices and rents using inflation indexes

BOE step 7 of 7 · Passed

It is a government bill. Introduced by the Government. It was introduced on 27 December 2013. Introduced by: Gobierno.

Official title: Government bill on the deindexation of the Spanish economy.

Follow this law

Source: Congreso de los Diputados, file 121/000074· updated 11 Nov

Automatic summary, not yet reviewed

  1. The law generally bans revising monetary values in the public sector and regulated prices using general price indexes such as the CPI, or formulas containing them.
  2. As an exception, periodic reviews based on individual prices or specific price indexes are allowed, meaning very detailed indexes that truly reflect the costs of each activity. Amortization, financial costs, overhead and the industrial profit can never be revised.
  3. Non-predetermined periodic reviews and non-periodic reviews require a specific economic report to justify them, and they too may not use general price indexes.
  4. In contracts between private parties, periodic review only applies if expressly agreed. If the parties agree to a review but do not specify the index, the Competitiveness Guarantee Index applies, calculated and published monthly by the National Statistics Institute.
  5. The Urban Leases law and the Rural Leases law are amended: without an express agreement, the rent is not reviewed, and if the agreement does not name an index, the Competitiveness Guarantee Index is used.
  6. Collective wage bargaining, pensions and financial instruments are excluded from the law. The law takes effect the day after its publication in the Official State Gazette, and the implementing royal decree must be approved within four months.

Words worth knowing

Indexación (indexation)
Automatically raising a price, wage or rent based on the rise of a price index such as the CPI.
IPC (CPI)
Consumer Price Index: measures the average rise in prices of what households buy.
Índice específico de precios (specific price index)
A very detailed index reflecting the real costs of a specific activity, not prices in general.
Índice de Garantía de Competitividad (IGC)
An index created by this law, published monthly by the INE, used when a review is agreed without naming an index.
Beneficio industrial (industrial profit)
The profit a business includes in the price of a public contract; the law does not allow it to be revised.

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. Introduced27 December 2013Someone registers the text in the Congreso.
  2. Admitted14 January 2014The Bureau of the Congreso accepts it and, for a members’ bill, the plenary decides whether to consider it.
  3. Amendments17 January 2014Groups propose changes.
  4. Committee19 March 2014A committee goes through the text in detail.
  5. Plenaryno dateAll 350 deputies vote.
  6. Senate22 December 2014The Senate can pass it, amend it or veto it.
  7. BOE25 March 2015It is published in the Official State Gazette (BOE) and comes into force.
See the 10 official steps on a timeline
Dec 2013Mar 2014Jun 2014Sept 2014Dec 201411. 27 December 2013: Presentación22. 14 January 2014: Comisión de Economía y Competitividad Publicación desde 14/01/2014 hasta 17/01/201433. 14 January 2014: Calificación44. 17 January 2014: Comisión de Economía y Competitividad Enmiendas desde 17/01/2014 hasta 10/12/201455. 19 March 2014: Comisión de Economía y Competitividad Mesa - Calificación desde 19/03/2014 hasta 19/03/201466. 19 March 2014: Comisión de Economía y Competitividad Debate de totalidad desde 19/03/2014 hasta 27/03/201477. 10 December 2014: Comisión de Economía y Competitividad Informe desde 10/12/2014 hasta 16/12/201488. 16 December 2014: Comisión de Economía y Competitividad Aprobación con competencia legislativa plena desde 16/12/2014 hasta 22/12/201499. 22 December 2014: Senado desde 22/12/2014 hasta 25/03/20151010. 25 March 2015: Concluido - (Aprobado con modificaciones) desde 25/03/2015 hasta 14/04/2015

27 March 2014

How did the plenary vote?

More votes against 133 yes · 172 no · 1 abst.

Voted on: Request by the Socialist Parliamentary Group for the Plenary to take up the Government bill on the deindexation of the Spanish economy.

This law had 2 votes; this is the latest with every deputy’s vote. See them all

Source: Congreso de los Diputados, vote 4 of sitting 179· 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 Socialista, Vasco (EAJ-PNV), Mixto, GC-CiU, GIP and GUPyD. Against, most of Popular en el Congreso. 1 deputy voted differently from their group.

By province: in 8 most voted in favour; in 35, against.

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

  • In favour: 8
  • Against: 35
  • Tie: 9
Result by parliamentary group
GroupSeatsHow it voted
Socialista110
94 in favour · 16 did not vote
Vasco (EAJ-PNV)5
4 in favour · 1 did not vote
Mixto18
8 in favour · 10 did not vote
GC-CiU16
11 in favour · 5 did not vote
GIP11
11 in favour
GUPyD5
5 in favour
Popular en el Congreso185
172 against · 1 abst. · 12 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: Law 2/2015, of March 30, on the deindexation of the Spanish economy.

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.

Read the full method · Report an error