The government secured a majority committee opinion in the Senate for the private property inviolability bill promoted by Federico Sturzenegger. The initiative incorporated changes to gain support from dialoguist sectors and will be debated in session on May 28.
The Senate committee plenary approved the opinion on Wednesday with support from La Libertad Avanza, PRO, UCR and provincial lawmakers. Peronism rejected the measure in full.
Patricia Bullrich defended the modified text and detailed the main alterations. The section that would have eliminated RENABAP was removed, the notice period for tenants in arrears was extended to ten days, and cases of usurpation were differentiated from other occupants.
Provinces will take charge of regulating rural land sales to foreigners, although national prohibitions remain in border areas. Expropriation requirements were tightened and lost profits were capped at 30 percent of emergent damage.
The bill forms part of the May Pact commitments and seeks to strengthen constitutional guarantees on private property. The opinion is now cleared for floor debate on May 28.
