Senators voted 54 to 45 to adopt the bill.
Romania’s government adopted a decree late August making separate payment accounts for the value-added tax mandatory as of January 1, 2018 for all companies. The move, which the government said it would introduce to curb tax evasion, was criticized by businesses and financial analysts as excessive and hasty. The bill was later amended in Parliament to include only insolvent companies and companies that registered delays in VAT payments.
The bill must be adopted by the lower house of Parliament and signed by the head of state to become law.