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Bill: Economic Reform Act of 2550
Details
Submitted by[?]: Wessex High Imperial Party
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: February 2552
Description[?]:
| This bill seeks to reform some of the economic matters in Pontesi. |
Proposals
Article 1
Proposal[?] to change The banking system.
Old value:: All banks are privately owned.
Current: The government operates large, national banks, but small community based private banks are allowed.
Proposed: The government operates a central bank and all other banks are private.
Article 2
Proposal[?] to change Energy regulation.
Old value:: Energy is provided by private companies which are not subject to any special regulations.
Current: Energy is provided by nationalised companies.
Proposed: Energy is provided by private companies but the prices they can charge are regulated.
Article 3
Proposal[?] to change
The government's policy regarding foreign investments.
Old value:: Foreign investors may freely invest in national companies.
Current: Foreign investors need to obtain government approval for all investments in national companies.
Proposed: Foreign investors may invest in national companies, but may not get a majority share.
Article 4
Proposal[?] to change The right for a person to prostitute himself or herself.
Old value:: Prostitution is illegal.
Current: Prostitution is illegal.
Proposed: Prostitution regulation decisions are left up to local governments.
Debate
These messages have been posted to debate on this bill:
| Date | 04:43:40, March 26, 2008 CET | From |  Christian Fascist Party | To | Debating the Economic Reform Act of 2550 |
| Message | This is a step towards socailism!!! |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 76 | |||
| no | Total Seats: 202 | |||
| abstain | Total Seats: 38 |
| Random fact: Any RP law granting extraordinary "emergency powers" or dictator-like powers to a government must be passed by at least a 2/3rds majority, but (like all RP laws) may always be overturned by a simple majority vote of the legislature. |
| Random quote: "The man who prefers his country before any other duty shows the same spirit as the man who surrenders every right to the state. They both deny that right is superior to authority." - John Dalberg-Acton |