Chile's Senate approved the Reconstruction Bill promoted by the Finance Ministry. The initiative advanced with few modifications and now returns to the Chamber of Deputies.
The Senate approved in particular the tax megareform bill on July 18, 2026. The vote passed with officialism support and without significant concessions to the opposition.
The text returns to the Chamber of Deputies for its third reading. The government has secured negotiated backing from the Party of the People for that stage.
Minister Jorge Quiroz presented the initiative as part of a broader economic plan. Official sources stated that the project aims to improve competitiveness and attract investment.
Some opposition sectors criticized the lack of agreement and warned about potential fiscal effects. The bill could face review at the Constitutional Tribunal over specific articles.
