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Bill: Foreign Investment Protectionist Act
Details
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: April 3815
Description[?]:
| SEC I. This bill gives all foreign investors Ninety (90) days to report to the government all holdings in Solentian companies. All new investors will henceforward be required to gain approval for all transactions. Failure to report will result in fines and/or prosecution and seizure and nationalization of assets. SEC II. This bill grants the national government the authority to freeze and/or seize assets including stocks, bonds, banking accounts, or any form of tangible asset or property should the Ministry of Justice suspect any form of felonious crime. |
Proposals
Article 1
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 need to obtain government approval for all investments in national companies.
Debate
These messages have been posted to debate on this bill:
| Date | 20:21:57, March 12, 2015 CET | From | Free Democratic Party | To | Debating the Foreign Investment Protectionist Act |
| Message | "Foreign investments are good for the economy. International trade and investing is a form of economic freedom that doesn't harm the poor. Why would we like this bill?" ~Tom Rand, LPS Grassroots Outreach Directer and Trade and Industry Minister |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 111 | |||
| no | Total Seats: 314 | |||
| abstain | Total Seats: 0 |
| Random fact: Treaties will be eligible for deletion if they are more than 50 in-game years old and have no currently ratified members. |
| Random quote: "In politics, madame, you need two things: friends, but above all an enemy." - Brian Mulroney |