translated from Spanish: House of Deputies dispatched the Senate’s 30-day Short Payment Act

The Chamber of Deputies passed and dispatched to the Senate the bill that will advance the entry into force of the Payment Act to 30 days, after the approval given to it last night the commission of Economía.La vote of the deputies showed a wide r the initiative, with 144 votes in favour and only one against. The proposal. provides that the rules that set the bill cancellation deadline will begin to govern within 90 days once the law was passed, rather than waiting until February 2021, a date originally contemplated in the draft approved in 2018.A session of the instance The Minister of Economy, Development and Tourism, Lucas Palacios, attended, who valued the speed of the parliamentary process and called for great entrepreneurs to “put their hands on their hearts and also put their hands in their pockets.” I want to make a call to all the big companies, that today do not pay 60 days in these three months that are going to be missing for the 30-day payment law to take effect, nor that they pay 30 days, that pay 15 days , put your hand in your heart and also put your hand in your pocket because our country’s small and medium-sized businesses need it now,” Said Palacios.The minister also stressed how quickly parliamentarians have handled the initiative, and stated that “I have seen a very good disposition in Congress, in this case the Chamber of Deputies, both yesterday in the Committee on the Economy and today in the Chamber.” The 30-day Short Payment Act is part of the announcements made by President Sebastián Piñera, within the government-driven program to support micro, small and medium-sized enterprises affected by slaughties, fires or dismantled weeks in the country.

Original source in Spanish