FEDERAL LAW OF THE RUSSIAN FEDERATION

of May 1, 2022 No. 128-FZ

About introduction of amendments to articles 9 and 10 of the Federal law "About Modification of the Budget Code of the Russian Federation and Separate Legal Acts of the Russian Federation and Establishment of Features of Execution of Budgets of Budget System of the Russian Federation in 2022"

Accepted by the State Duma on April 20, 2022

Approved by the Federation Council on April 26, 2022

Article 1

Bring in the Federal Law of November 29, 2021 No. 384-FZ "About modification of the Budget code of the Russian Federation and separate legal acts of the Russian Federation and establishment of features of execution of budgets of budget system of the Russian Federation in 2022" (The Russian Federation Code, 2021, No. 49, Art. 8148; 2022, No. 5, Art. 680; No. 11, Art. 1603; No. 12, Art. 1781, 1786) following changes:

Part 2 of article 9 after the word "action" to add 1) with words "paragraph two of Item 2 of Article 93.2 (in case of provision of budget credits for repayment of debt obligations of the subject of the Russian Federation (municipality) in obligation type on the government (municipal) securities of the subject of the Russian Federation (municipality) and the credits obtained by the subject of the Russian Federation (municipality) from credit institutions, foreign banks and international financial institutions), paragraph one (in the part concerning deadline of provision of budget credits in case of their provision for repayment of debt obligations of the subject of the Russian Federation (municipality) in obligation type on the government (municipal) securities of the subject of the Russian Federation (municipality) and the credits (municipality) received by the subject of the Russian Federation from credit institutions, foreign banks and international financial institutions) and paragraph two (in case of provision of budget credits for repayment of debt obligations of the subject of the Russian Federation (municipality) in obligation type on the government (municipal) securities of the subject of the Russian Federation (municipality) and the credits obtained by the subject of the Russian Federation (municipality) from credit institutions, foreign banks and international financial institutions) Item 1 of Article 93. 3, Item 2 of Article 93.6 (in the part concerning the subject of the Russian Federation),";

2) in Article 10:

a) part 7 after words of "The budget code of the Russian Federation"," to add with the words "taking into account realization of the provisions provided by Items 1 and 2 of part 33 and part 34 of this Article";

b) in part 19 of the word of "paragraph one of Item 1.1" shall be replaced with words "paragraphs of the first and tenth Item 1.1";

c) add with parts 22.1 and 22.2 of the following content:

"22.1. Determine that in course of execution of the federal budget in 2022 in addition to the bases for modification of summary budget list of the federal budget established by the budget legislation of the Russian Federation changes according to part 32 of this Article can be made to summary budget list of the federal budget without introduction of amendments to the Federal Law of December 6, 2021 No. 390-FZ "About the federal budget for 2022 and for planning period of 2023 and 2024".

22.2. The Ministry of Finance of the Russian Federation represents offers on modification of summary budget list of the federal budget on the basis provided by part 22.1 of this article, and about distribution of budget credits to budgets of the subjects of the Russian Federation from the federal budget provided by part 32 of this Article for consideration in the Commission of Federal Assembly of the Russian Federation on redistribution of budgetary appropriations in the current financial year and planning period.";

d) add with parts 32 - 36 following contents:

"32. Determine that in 2022 the Ministry of Finance of the Russian Federation has the right to grant budget credits from the federal budget to budgets of subjects of the Russian Federation in amount to 390, of 7 billion rubles for repayment of debt obligations of subjects of the Russian Federation (municipalities) in obligation type on the government (municipal) securities of subjects of the Russian Federation (municipalities) and the credits obtained by subjects of the Russian Federation (municipalities) from the credit institutions, foreign banks and international financial institutions which developed for January 1, 2022 and due for settlement subjects of the Russian Federation (municipalities) in March - December, 2022. Budget credits can be directed to compensation of means of budgets of subjects of the Russian Federation (municipalities) which are actually sent to the period from March 1, 2022 before date of provision of budget credits on repayment of debt obligations of subjects of the Russian Federation (municipalities) on the government (municipal) securities of subjects of the Russian Federation (municipalities) and the credits obtained by subjects of the Russian Federation (municipalities) from the credit institutions, foreign banks and international financial institutions which developed for January 1, 2022 and due for settlement subjects of the Russian Federation (municipalities) in March - December, 2022. Budget credits are granted to subjects of the Russian Federation which indicator of level of settlement fiscal capacity for 2022 does not exceed 1,5, with repayment period no later than 2028 inclusive, with payment for use of the specified budget credits at the annual interest rate 0,1 rate.

33. The government of the Russian Federation has the right:

To determine 1) that in 2022 the debt of subjects of the Russian Federation to the Russian Federation on the budget credits granted to subjects of the Russian Federation taking into account restructuring of obligations (debt) of subjects of the Russian Federation to the Russian Federation on budget credits provided by parts 7 and 8 of article 16 of the Federal Law of December 19, 2016 No. 415-FZ "About the federal budget for 2017 and for planning period of 2018 and 2019", article 16 of the Federal Law extended according to part 4 of December 2, 2019 No. 380-FZ "About the federal budget for 2020 and for planning period of 2021 and 2022" and restructurings of obligations (debt) of subjects of the Russian Federation to the Russian Federation on budget credits within remaining balance of the debt restructuring which is not extinguished for date on budget credits is not subject to repayment, to the presented subjects of the Russian Federation for repayment of budget credits on replenishment of remaining balance of means on accounts of budgets of subjects of the Russian Federation provided by part 2 of article 3 of the Federal Law of June 28, 2021 No. 228-FZ "About modification of the Budget code of the Russian Federation and about suspension of action of separate provisions of the Budget code of the Russian Federation". At the same time the debt, due for settlement in 2022, on principal debt and the percent added for the actual term of use of budget credit for date of debt restructuring is settled in 2029;

To determine 2) that in 2022 the debt of subjects of the Russian Federation to the Russian Federation on the budget credits granted to subjects of the Russian Federation taking into account restructuring of obligations (debt) of subjects of the Russian Federation to the Russian Federation on budget credits provided by parts 7 and 8 of article 16 of the Federal Law of December 19, 2016 No. 415-FZ "About the federal budget for 2017 and for planning period of 2018 and 2019" is not subject to repayment. At the same time the debt, due for settlement in 2022, on principal debt and the percent added for the actual term of use of budget credit for date of debt restructuring is settled in 2025;

To carry out 3) in 2022 restructuring of obligations (debt) of subjects of the Russian Federation to the Russian Federation on budget credits within remaining balance of the debt restructuring which is not extinguished for date on the budget credits granted to subjects of the Russian Federation for partial covering of deficits of budgets of subjects of the Russian Federation which repayment period comes in 2022, on the following main conditions:

a) the debt on principal debt and the percent added for the actual term of use of budget credit for date of debt restructuring is subject to repayment during the period from 2022 to 2029 inclusive with the next repayment periods: the debt on principal debt and the percent added for the actual term of use of budget credit for date of debt restructuring in 2022 is not subject to repayment, in 2023 and 2024 annually in the amount of 5 percent of outstanding amount, in 2025 - 2029 annually equal shares from outstanding amount remaining balance with possibility of its early repayment;

b) for use of means of the federal budget the payment in the amount of 0,1 of annual interest rate, charged on remaining balance of restructured debt on the principal debt and percent added for the actual term of use of budget credit for date of debt restructuring is levied;

c) the obligations of subjects of the Russian Federation which are subject to inclusion in supplementary agreements to agreements on provision to budgets of subjects of the Russian Federation from the federal budget of budget credits are established by the Government of the Russian Federation.

34. Procedure for carrying out restructuring of obligations (debt) for the subjects of the Russian Federation specified in part 33 of this Article, measure of responsibility for failure to carry out by subjects of the Russian Federation of conditions of restructuring and the obligations included in supplementary agreements to agreements on provision to budgets of subjects of the Russian Federation from the federal budget of budget credits are established by the Government of the Russian Federation.

35. The government of the Russian Federation has the right to write off debt of subjects of the Russian Federation to the Russian Federation on the budget credits specified in Item 3 of part 33 and part 34 of this Article in volume of receipt in the federal budget during the repayment period of restructured debt of the tax income determined according to method of calculation of receipt of the tax income from implementation of the new investment projects provided by part 7 of this Article. The procedure for debt write-off, method of calculation of receipt of the tax income from implementation of new investment projects and the list of the tax income for the purpose of realization of provisions of this part are determined by the Government of the Russian Federation.

36. In 2022 the budget credit on replenishment of balance on the single budget account is granted to the subject of the Russian Federation in the amount of, the subject of the Russian Federation approved by the law on the budget for 2022 which is not exceeding one tenth of amount of budget receipts of the subject of the Russian Federation, on condition of its return no later than December 30 of the current financial year. The procedure and conditions of provision of the specified budget credits are established by the Government of the Russian Federation.".

Article 2

This Federal Law becomes effective from the date of its official publication.

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