Key Figures and Context
Carol Antonio Altamirano, the president of the House of Representatives’ Finance and Public Credit Commission in Mexico’s Chamber of Deputies, has stated that the legislative branch will only approve technical and viable proposals for changes to the Federal Income Law and customs reform.
Altamirano, a member of the Morena party, emphasized that any proposed changes must be concrete, serious, and technically feasible to aid in revenue collection. He also mentioned that the committee he leads will advocate for a minimum income floor of 10.193 billion pesos for the public sector in the upcoming year, aligning with the executive branch’s proposal in the 2026 Federal Income Law initiative.
In the coming weeks, the committee plans to hold working meetings with public officials, private sector representatives, and civil society regarding the customs law reform, income law changes, and other fiscal reforms proposed by the executive branch.
Lobbying Efforts and Transparency
Regarding lobbyists attempting to reverse recent tax increases on flavored beverages, tobacco, gambling, and video games, as well as certain aspects of the customs reform, Altamirano stated that the instruction is to listen to these lobbyists during the committee’s working meetings.
“We will not accept improper pressures here; we will act transparently, listen to all voices, as long as they express themselves with respect,” he declared.
Committee’s Schedule for Processing the 2026 Economic Package
Key Dates for Approving the Income Law and Customs Reform
- September 25: Working meeting of the committee with officials from the Secretariat of Finance and Public Credit (SHCP), the Secretariat of Economy, and the National Customs Agency to discuss customs law reform proposals.
- September 26: Working meeting of the committee with private sector representatives and civil society regarding customs law reform proposals.
- September 29: Vote in the committee on the draft of customs law reform bills.
- September 30: Possible vote in the plenary session on the committee-approved customs law reform bill.
- October 2: Working meeting of the committee with SHCP officials to review the Federal Income Law proposal and other fiscal initiatives in the economic package.
- October 6: Working meeting of the committee with private sector representatives and civil society to review the income law and other fiscal initiatives.
- October 13: Vote in the committee on the draft of the Federal Income Law and other fiscal initiative bills.
- October 14-15: Possible vote in the plenary session on the Federal Income Law draft and other fiscal initiative bills in the 2026 economic package. Once approved in the lower chamber, it will be sent to the Senate of the Republic.
- October 20: Legal deadline for the Federal Income Law and accompanying fiscal initiatives to be approved in both chambers of the Union Congress.
Key Questions and Answers
- When will the Federal Income Law and customs reform be approved? The House of Representatives’ Finance and Public Credit Commission has established a schedule for processing the 2026 economic package, with key dates ranging from September to October. Working meetings will be held with various stakeholders, followed by committee votes and plenary sessions to approve the proposed changes.
- How will lobbying efforts be addressed? Altamirano stated that the committee will listen to lobbyists during working meetings but will not accept improper pressures. The committee aims to act transparently and consider all respectful voices.
