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Bill: Banking Reform Act of 4013
Details
Submitted by[?]: United Progressive 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: September 4014
Description[?]:
| The government maintaining all forms of banking is too much power and is disadvantagly monopolistic, we should allow private banks to preform to insure transparency and a non monopolistic behavior from the government in the banking industries. Hereby, 1. Allows private local and regional banks to operate as businesses. 2. Established that local and regional banks will be subject to proper regulation which shall be put forth by the Minister of Finance. |
Proposals
Article 1
Proposal[?] to change The banking system.
Old value:: The government operates and owns all banks.
Current: The government operates a central bank and all other banks are private.
Proposed: The government operates large, national banks, but small community based private banks are allowed.
Debate
These messages have been posted to debate on this bill:
| Date | 08:13:13, April 15, 2016 CET | From | United Progressive Party | To | Debating the Banking Reform Act of 4013 |
| Message | Mr. Speaker, Already hearing support from LUP we will move forward to a vote but due to the session ending soon we do understand it may need to be brought up again during the next session. Thank you, I yield. |
| Date | 16:45:00, April 15, 2016 CET | From | Likaton Unity Party | To | Debating the Banking Reform Act of 4013 |
| Message | OOC: You might have forgotten to put in any proposals in this bill :) Mr. Speaker, We reiterate our support for this resolution. I Yield. |
| Date | 22:27:42, April 15, 2016 CET | From | United Progressive Party | To | Debating the Banking Reform Act of 4013 |
| Message | (OOC: Thanks for the reminder, oops!) Mr. Speaker, We appreciate the support from LUP and will move forward to vote. I Yield. |
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Voting
| Vote | Seats | |
| yes | Total Seats: 0 | |
| no | Total Seats: 0 | |
| abstain |
Total Seats: 100 |
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