What it is
Spain's 2007 state budget: spending, taxes, pensions and public pay
BOE step 7 of 7 · PassedIt is a government bill. Introduced by the Government. It was introduced on 26 September 2006. Introduced by: Gobierno.
Official title: Government bill on the General State Budget for the year 2007.
Source: Congreso de los Diputados, file 121/000107· updated 11 Nov
Automatic summary, not yet reviewed
- The 2007 spending and revenue of the State and its agencies are approved. Initial credits total 291,191,166.30 thousand euros, funded by expected revenue and borrowing.
- Public sector pay rises by at most 2%, plus an extra 1% of the wage bill for the specific allowance. Public job openings are capped at 100% of the replacement rate, with exceptions for security, justice and teaching staff.
- Public pensions are uprated by 2% in 2007, and minimum amounts and top-up payments for State pension and Social Security pensions are set.
- Non-contributory pensions are set at 4,348.40 euros a year, and a 350-euro supplement is created for pensioners who live in a rented home and own no property.
- Social Security contribution bases and rates for 2007 are set: a maximum base of 2,996.10 euros per month and a general rate of 28.30% in the General Regime.
- The income tax The personal income tax (IRPF in Spain): what people pay on what they earn from work, business or savings. coefficients for property transfers, cadastral values and fixed-amount State fees are all updated by 2%.
- The Government is authorized to borrow within a limit on the outstanding State debt, and limits on public guarantees are set, including 800,000 thousand euros for asset securitization funds.
- The legal interest rate is set at 5% and the late-payment rate at 6.25%. The IPREM A public income indicator used in Spain as a reference to calculate benefits and subsidies. for 2007 is also set: 16.64 euros a day and 5,990.40 euros a year.
Who it affects
- Public employees: Their pay rises 2% and new public hiring is capped at the replacement rate.
- Pensioners: Their pensions rise 2% and minimum amounts and top-ups are updated.
- Workers and employers: Social Security contribution bases and rates change, along with unemployment and training contributions.
- Property owners and tenants: Cadastral values rise 2% and income tax coefficients for selling homes are updated.
- Municipalities and Autonomous Communities: Their funding through a share of State taxes and compensation funds is regulated.
Words worth knowing
- Tasa de reposición (replacement rate)
- A cap so that new public jobs cannot exceed the number of people leaving public employment.
- Complemento para mínimos (minimum top-up)
- Money added to a low pension so it reaches the minimum amount set by law.
- Valor catastral (cadastral value)
- The administrative value assigned to a property, used to calculate taxes such as the IBI property tax.
- Aval (guarantee)
- A commitment by which the State agrees to pay a debt if the borrower cannot.
- IPREM
- A public income indicator used in Spain as a reference to calculate benefits and subsidies.
- income tax
- The personal income tax (IRPF in Spain): what people pay on what they earn from work, business or savings.
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.
- Introduced26 September 2006Someone registers the text in the Congreso.
- Admitted26 September 2006The Bureau of the Congreso accepts it and, for a members’ bill, the plenary decides whether to consider it.
- Amendments28 September 2006Groups propose changes.
- Committee13 October 2006A committee goes through the text in detail.
- Plenary8 November 2006All 350 deputies vote.
- Senate15 November 2006The Senate can pass it, amend it or veto it.
- BOE21 December 2006It is published in the Official State Gazette (BOE) and comes into force.
See the 12 official steps on a timeline
Was there a plenary vote?
We have no plenary vote linked to this law in the Congreso’s data.
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:
- VIII Legislature, Senate Government bill on the General State Budget for the year 2007.
Published in the BOE: Law 42/2006, of December 28, on the General State Budget for the year 2007
Sources
Where does all this come from?
- Congreso de los Diputados, file 121/000107
Official title, type, author, dates and stage.
Retrieved 11 November 2026
- BOE, BOE-A-2006-22865
The law as published.
Retrieved 11 November 2026
- 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.