Tax decreaseProposedCapital taxationNational

PEA-PME ceiling raised from €225,000 to €300,000

In the last paragraph of Article L. 221-32-1 of the Monetary and Financial Code, both €225,000 amounts are replaced by €300,000. According to the explanatory statement, the amendment raises the ceiling of the share savings plan dedicated to SMEs and mid-caps (PEA-PME) from €225,000 to €300,000 to support financing of innovative SMEs and mid-caps.

Measure originators

InitiatorEPR

Paul Midy

Ensemble pour la République

Amount

€300,000

Impact on public finances

No official estimate found for this measure.

Effective date

1 January 2027

Measure impact

Savers could invest up to €75,000 more in a PEA-PME under the plan's tax regime. No official cost estimate has been published.

Official references

Law number: PLF 2027 (AN n° 3210), art. additionnel après l'art. 4 (amdt n° I-1398)

Sources

Amendement n° I-1398 au PLF 2027 (séance publique)Parliamentary

16 October 2026

Scrutin public n° 8873 du 16 octobre 2026Vote

16 October 2026

Dossier législatif du PLF 2027Official

1 October 2026

Stated positions

Public statements by members of Parliament on this measure · 3 statements

Philippe JuvinDRMixedParliamentary debate
« Je suis pour ma part d’accord sur le fond, mais seuls 0,2 % des PEA-PME atteignent le plafond. Il reste donc de la marge »
Translation: For my part I agree on the substance, but only 0.2% of PEA-PMEs reach the ceiling. So there is still room
16 October 2026Parliamentary debate · assemblee-nationale.fr
Paul MidyEPRForParliamentary debate
« Voilà pourquoi il faut relever le plafond du PEA-PME plutôt que celui du livret A. »
Translation: That is why the PEA-PME ceiling should be raised rather than that of the Livret A.
16 October 2026Parliamentary debate · assemblee-nationale.fr
Antoine LéaumentLFI-NFPAgainstParliamentary debate
« Vous proposez de relever le plafond du PEA-PME de 225 000 euros à 300 000 euros. […] Non pas que l’investissement dans les PME ne soit pas utile, bien au contraire, mais les plafonds dont vous parlez sont de toute évidence bien trop élevés pour nous autres. »
Translation: You propose raising the PEA-PME ceiling from €225,000 to €300,000. […] Not that investment in SMEs is not useful, quite the contrary, but the ceilings you are talking about are clearly far too high for the rest of us.
16 October 2026Parliamentary debate · assemblee-nationale.fr

These statements are quoted verbatim with their source and date. They are separate from votes: only votes count in the analysis of political orientations. A position may have changed since.

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Procedure timeline

Follow the progress of this fiscal measure through the different stages of the parliamentary procedure.

67%

2 / 3 steps

Pending

20 October 2026

Debate and vote

Parliamentary process

Débat et vote en séance publique à l'Assemblée nationale, ou engagement de la responsabilité du Gouvernement (article 49.3)

Vote solennel prévu à l'Assemblée nationale sur la première partie du projet de loi

Source

Completed

16 October 2026

Debate and vote

Parliamentary process

Débat et vote en séance publique à l'Assemblée nationale, ou engagement de la responsabilité du Gouvernement (article 49.3)

Actors

Paul Midy

Vote result

Adopted

Amendement n° I-1398 (Paul Midy) portant article additionnel après l'article 4, adopté en séance publique le 16 octobre 2026 par 41 voix contre 34 et 1 abstention (scrutin n° 8873).

Source

Completed

1 October 2026

Council of Ministers

Internal validation

Validation interne

Présentation du PLF 2027 en Conseil des ministres et dépôt à l'Assemblée nationale (disposition absente du texte initial, introduite par amendement en séance)

Source