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Bill: Capitalization Act I
Details
Submitted by[?]: Atlas Conservative Party
Status[?]: passed
Votes: This bill proposes the withdrawal from a treaty. It will require half of the legislature to vote in favor[?]. This bill will not pass any sooner than the deadline.
Voting deadline: July 3646
Description[?]:
| This bill introduces the beginning of the ACP's "Capitalization Initiative" which will begin to move Kalistan towards a more capitalistic economy and freer people. |
Proposals
Article 1
Withdraw from the International Labour Protocols I.
Article 2
Proposal[?] to change Energy regulation.
Old value:: Energy is provided by private companies but the prices they can charge are regulated.
Current: Energy is provided by nationalised companies.
Proposed: Energy is provided by private companies which are not subject to any special regulations.
Article 3
Proposal[?] to change Exchange rate regime
Old value:: The exchange rate of the national currency is kept within a defined band of fluctuation.
Current: The exchange rate of the national currency is kept within a defined band of fluctuation.
Proposed: The exchange rate of the national currency is allowed to float, and the government does not intervene at all.
Article 4
Proposal[?] to change
The government's policy regarding foreign investments.
Old value:: Foreign investors may invest in national companies, but may not get a majority share.
Current: Foreign investors may freely invest in national companies.
Proposed: Foreign investors may freely invest in national companies.
Article 5
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 does not intervene in the market nor provide any form of subsidies/relief to industries.
Article 6
Proposal[?] to change Policy on monopolies (this general law is superceded by other laws relating to specific parts of the economy).
Old value:: Monopolies are forbidden, and are actively broken up.
Current: Monopolies are only actively enforced in specific sectors of the economy.
Proposed: There is no policy on monopolies, they are unregulated.
Debate
These messages have been posted to debate on this bill:
| Date | 15:26:57, April 01, 2014 CET | From | Atlas Conservative Party | To | Debating the Capitalization Act I |
| Message | Should our Coalition partners have any suggestions for this act we will leave this act open for debate for a period of three days. |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 392 | |||
| no | Total Seats: 0 | |||
| abstain | Total Seats: 83 |
| Random fact: Periodically, it is a good idea to go through your nation's Treaties and arrange to withdraw from any that are unwanted. |
| Random quote: "I refuse to accept the view that mankind is so tragically bound to the starless midnight of racism and war that the bright daybreak of peace and brotherhood can never become a reality.... I believe that unarmed truth and unconditional love will have the final word." - Martin Luther King, Jr. |