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Bill: Industries Act of 3936
Details
Submitted by[?]: Cystiȝ Partei (Liberal Party)
Status[?]: passed
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: September 3936
Description[?]:
Prologue: We, the government, feel that we are not doing enough to encourage economic activity across the nation. Therefore, we'll be lowering the regulations placed against industries and the economy. Articles. 1. All energy providing and distribution firms are to be sold of to energy companies or made independent of the government. They are to run on a for-profit basis, and will provide the nations power. All energy firms will be unregulated to encourage economic activity. 2. The government will subsidise the cost of energy for those who cannot afford the commodity, to help give the businesses access to a larger audience and allow every citizen access to the resource. 3. The government will no longer nationalise businesses that fail or go bankrupt, but will instead provide them with funding on a case-by-case basis. If a company goes bankrupt, they can appeal to the government for funding and the government will approve or reject the applicant depending on if it'll be profitable again, can sustain itself in the future and if the company is worth keeping around. 4. Any government controlled industry will be sold to another company or made independent of the government. 5. The government is take a relaxed policy on monopolies and allow them to exist in an unregulated fashion to attract them to the nation. They'll be required to pay taxes they owe or face closure. |
Proposals
Article 1
Proposal[?] to change Energy regulation.
Old value:: Energy is provided by nationalised companies.
Current: Energy is provided by private companies which are not subject to any special regulations.
Proposed: Energy is provided by private, unregulated companies but subsidies are given to those on a low income.
Article 2
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: The government does not intervene in the market nor provide any form of subsidies/relief to industries.
Proposed: The government subsidizes private enterprises that face bankruptcy.
Article 3
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 only forbidden in specific sectors of the economy.
Current: There is no policy on monopolies, they are unregulated.
Proposed: There is no policy on monopolies, they are unregulated.
Debate
These messages have been posted to debate on this bill:
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Vote | Seats | |
yes | Total Seats: 74 | |
no | Total Seats: 0 | |
abstain | Total Seats: 0 |
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