Overview
- Mexico’s Chamber of Deputies approved a reform to Article 141 of the Federal Fiscal Code that lets taxpayers pick any legally recognized form of guarantee and ends the rule that forced a set order.
- Lawmakers backed the measure by 418 votes in favor with 35 abstentions, and the bill now moves to the Senate for review.
- The reform scraps the need to prove an inability to use the first option and keeps the full menu of guarantees in law, including deposit notes, letters of credit, pledges, sureties, joint obligations, and administrative embargoes.
- The text adds operational rules for coverage by requiring guarantees to include updated debt, related charges, and an extra 12 months of accruals, with yearly updates if the credit remains unpaid.
- Transitional provisions state the decree would take effect the day after publication and let taxpayers switch guarantees started since January 1, 2026 within 30 days, with no break in enforcement suspension and a 20‑business‑day deadline for a decision.