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The Brazilian Chamber of Deputies approved Project Law 278/2026 to replace the expiring Redata provisional measure, which provided tax incentives for data centers. The new law, reported by Deputy Aguinaldo Ribeiro, maintains similar provisions and aims to attract R$ 5 billion in investments for 2026 and R$ 1 billion annually thereafter.

The law addresses regulations for energy consumption and environmental criteria, with expectations of attracting up to R$ 2 trillion in investments over ten years. The approval is crucial for ensuring regulatory stability for companies planning investments.