Bill 478.

First debate (committee stage)
  • TypeBill
  • 478
  • FiledSeptember 29, 2025

Summary of the bill.

The bill proposes a market for discounting certified invoices by assigning receivables to authorized trusts. The invoices are issued to state entities and certain private companies. It regulates enrollment, certification, trading and payment through digital platforms, as well as fiscal oversight, public disclosure of transactions, penalties and the phased inclusion of public entities.

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