Senators voting on the National Reconstruction bill in the legislative chamber
Senators voting on the National Reconstruction bill in the legislative chamber
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Megarreforma approved in Senate and moves to third reading

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The National Reconstruction and Economic and Social Development bill advanced in the Senate last week and now faces its third reading in the Chamber of Deputies.

The bill promoted by the government of José Antonio Kast received 26 favorable votes in the upper house. Its measures include a tax reduction and an employment tax credit focused on exports of knowledge-based services.

Communist Party president Lautaro Carmona criticized the project for mainly benefiting big capital and confirmed that the opposition is preparing a filing before the Constitutional Tribunal. Lawyer Jaime Gajardo Falcón will represent the PC in that action.

A Criteria poll published on July 19 showed President Kast’s approval rising to 37 percent, while 35 percent of respondents support the Megarreforma.

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Initial reactions on X show mixed sentiments about the megarreforma's Senate approval and move to third reading, with some users welcoming investor incentives and others criticizing it as benefiting the wealthy while distracting from social impacts.

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Chilean senators voting in ornate chamber on Kast megareform with vote tally displayed
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Senate approves Kast government megareform in general with 26 votes

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The Chilean Senate approved on Wednesday the idea of legislating President José Antonio Kast's National Reconstruction Plan by 26 votes in favor, 23 against and one abstention.

The Chilean Senate approved the National Reconstruction bill in the early hours of Thursday, sending it to the Chamber of Deputies. The initiative includes tax stability for large investments and passed with 26 votes in favor and 24 against.

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The Chamber of Deputies approved on July 21, 2026, most of the National Reconstruction bill promoted by President José Antonio Kast's government. Only one article on municipal compensations went to a mixed commission.

The Senate's Hacienda Commission approved the National Reconstruction bill on Monday with three ruling-party votes and two against. The text is now ready for a floor vote, possibly on Tuesday or Wednesday.

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Opposition lawmakers announced plans to submit over two thousand amendments to the national reconstruction project pushed by President José Antonio Kast's government. The move drew accusations of legislative sabotage from the executive branch, while some opposition sectors distanced themselves from the strategy.

The Chamber of Deputies' Finance Committee approved the core tax measures of the megareform promoted by President José Antonio Kast's government in the early hours of Thursday.

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News outlet La Tercera will hold a seminar on June 24 about the National Reconstruction and Economic and Social Development bill.

 

 

 

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