European Commission 22 December 2021, Proposal for a COUNCIL DECISION amending Decision (EU, Euratom) 2020/2053 on the system of own resources of the European Union

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This Commission proposal amends Decision (EU, Euratom) 2020/2053 on the EU own resources system, introducing three new categories of own resources to finance the repayment of NextGenerationEU borrowing and the Social Climate Fund: (i) a 25% uniform rate applied to revenues from auctioning of allowances under the EU Emissions Trading System (including its extension to maritime transport and a new system for road transport and buildings), subject to a solidarity adjustment mechanism capping contributions of lower-income, carbon-intensive Member States at 150% of their GNI share and establishing a 75% GNI-share floor for all Member States until 2030; (ii) a 75% call rate on revenues from Carbon Border Adjustment Mechanism certificate sales; and (iii) a 15% call rate on residual profits of large multinational enterprises reallocated to Member States under the OECD/G20 Inclusive Framework Pillar 1 Agreement. The legal basis is Article 311(3) TFEU, requiring unanimous Council adoption following consultation of the European Parliament, with entry into force contingent upon approval by all Member States in accordance with their constitutional requirements.AI