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Bill: Nationalization Act
Details
Submitted by[?]: Paix Aldurienne
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: June 3770
Description[?]:
| Bringing the economy under state control. |
Proposals
Article 1
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 nationalised companies.
Article 2
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 are not allowed to invest in national companies.
Proposed: Foreign investors are not allowed to invest in national companies.
Article 3
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: The state owns the commanding heights of the economy and all major industries, but private ownership is allowed in the minor industries.
Current: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Proposed: All industry is owned and operated by the state.
Article 4
Proposal[?] to change The government's position towards the stock exchange(s).
Old value:: Stock exchanges are allowed but are regulated.
Current: The government owns the stock exchange(s).
Proposed: The government owns the stock exchange(s).
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | |
| yes |
Total Seats: 110 | |
| no |
Total Seats: 203 | |
| abstain | Total Seats: 187 |
| Random fact: By default the head of government is the ultimate authority within a national government. In general terms, heads of government are expected to consult with cabinet colleagues (including those from other parties) before making significant decisions but they remain responsible for government action. |
| Random quote: “Can anyone imagine a more perverse idea than forcing faithful Hosians like me to give away my money to enable irresponsible teenage girls to kill off their children because they were too drunk to use a damn condom?" - Dr. Francesca dos Santos, former Dranian politician |