The norm, in detail
Property shield: expropriating costs more, evicting is faster
Bill PE-13/2026 (Message 22/26) — majority committee report in the Senate
pendingNATIONAL
State, institutions and security
What changed and who it applies to
What changed
SENATE PASSED IT ON FIRST READING (Aug 6, 2026), TRIMMED DOWN: in a marathon ~12-hour session on August 6, the Senate approved the bill ON THE FLOOR (general vote) by 37 votes to 33, 0 abstentions. Before the vote, TWO of the committee report's four original blocks were withdrawn: (2) RURAL LAND (sale to foreigners, already known as of Aug 6 for lack of votes from allied governors) and (4) FIRE MANAGEMENT (withdrawn at the close of debate, announced by Senator Agustin Coto). What remained — (1) EXPROPRIATIONS and (3) EVICTIONS — was approved article-by-article by majority (press describes 'the three remaining chapters on express evictions and expropriations,' suggesting evictions was split into more than one voting chapter — not confirmed at article level). The text now moves to the Chamber of Deputies as the revising chamber, trimmed of the two withdrawn blocks; Senate passage ≠ law. prob · Aug 6, 2026 ↗
In force
Not in force yet. The rule is still going through the legislature: it has not been enacted, so there is no date from which it applies. Once it is published, it shows up here.
Who it affects
Investors and developers (lower expropriation risk, faster recovery of real property); foreign capital interested in rural land/agribusiness (the 15% cap is lifted); urban and rural property owners; the treasury (expropriating becomes more expensive). Opposed: Peronism, worker-recovered company cooperatives and environmental groups. prob · May 20, 2026 ↗
The norm
Bill PE-13/2026 (Executive Branch Message 22/26), before the Senate with committee approval since May 20, 2026. It reforms Leyes 21.499 (expropriation), 26.737 (rural land) and 26.815 (fire management). Visible sponsor: Federico Sturzenegger. verif · May 20, 2026 ↗
Our reading
The program's most direct piece of legal certainty: it raises the cost of and narrows discretionary expropriation, and sets a firm deadline for evictions. The block that opened rural land to foreign capital (Law 26,737) FELL OUT of the bill before the Aug 6 vote for lack of votes from allied governors, same as the fire-management block — the bill moving to the Chamber of Deputies is narrower than the original committee report. If what remains is enacted, it lowers the 'state risk' discount applied to every valuation of an Argentine asset (R2 · the RIGI promise is kept), but without the rural-land opening component. thesis
Where it lands, province by province1
Río Negro OBSOLETE as of Aug 6, 2026: the rural-land chapter (Law 26,737) that supported this reading was withdrawn from the bill before the general floor vote, for lack of votes from allied governors. Without that chapter, first-reading passage does not open Rio Negro's rural land to foreign capital. The entry is kept (not deleted) because the mechanism remains valid IF the chapter is reintroduced, via this or another legislative vehicle — only reactivate then. mixed the RIGI promise is kept thesis
The other rules on this subject22
AySA up for bid: the State sells 90% to a private operatorRes. 704/2026 MECON (Official Gazette, May 15, 2026)in execution
Ignacio Aredez· Chief analyst
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Fact sheet built on the published rule, with the gaps declared. Back to the reforms
How to read the seals → verif primary source · prob primary source pending · unconf not sufficiently backed · estim our own calculation · thesis our reading