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Bill: Company Subsidy Act
Details
Submitted by[?]: Parti de Garde Royales
Status[?]: defeated
Votes: This is an ordinary bill. It requires more yes votes than no votes. This bill will not pass any sooner than the deadline.
Voting deadline: May 2486
Description[?]:
| It is not the state's responsibility to pay for the failures of private companies, but helping important companies in times of trouble is ok. However, nationalising failing companies is not the way to do this. Sen. Hodia Patlak |
Proposals
Article 1
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Current: Certain industries are owned by the state, all others are under private ownership.
Proposed: The government subsidizes private enterprises that face bankruptcy.
Debate
These messages have been posted to debate on this bill:
| Date | 13:24:13, November 13, 2007 CET | From | Democratic & socialist Party (PDyS) | To | Debating the Company Subsidy Act |
| Message | The recent bill is fine. Dont need reform. Senator Iván Fernandez. General secretary of PDyS |
| Date | 13:58:39, November 14, 2007 CET | From | Liberal Conservative party | To | Debating the Company Subsidy Act |
| Message | I do not believe in the government influenzing the private marked in this way as it is counterproductive to a free market. it is a neccesity that the non profitable enterprizes are allowed to go bankrupt to clear the way for newer, more profitable enterprizes. the present law is better than the proposed in this way, although not perfect |
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Voting
| Vote | Seats | ||||||
| yes | Total Seats: 49 | ||||||
| no |
Total Seats: 151 | ||||||
| abstain |
Total Seats: 0 |
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