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Bill: Banking System Act
Details
Submitted by[?]: Alleanza Radicale - NCD
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: June 4038
Description[?]:
| Recognizing the high capacity and the dynamicity of the free market in pursuing good levels of economic growth, the Socioliberal Party, in pursuing the intent of putting the free market to the service of the necessity of an alive and thriving economy for the society, to ensure well-being and work for citizens, the Government submits to the Parliament, for discussion and then vote, its proposal of reform of the legislation of the banking system. The government, if the bill will be accepted, promise to present a precise and careful law for the regulation of the banking system. |
Proposals
Article 1
Proposal[?] to change The banking system.
Old value:: The government operates large, national banks, but small community based private banks are allowed.
Current: All banks are privately owned.
Proposed: The government operates a central bank and all other banks are private.
Debate
These messages have been posted to debate on this bill:
| Date | 13:21:30, June 01, 2016 CET | From | Alleanza di Centro Democratico | To | Debating the Banking System Act |
| Message | We support this proposal and believe that it is a positive step towards reforming the financial industry in our nation. |
| Date | 21:05:14, June 01, 2016 CET | From | Partito della Rivoluzione Istaliana | To | Debating the Banking System Act |
| Message | PDS will vote against. |
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Voting
| Vote | Seats | ||
| yes | Total Seats: 412 | ||
| no | Total Seats: 218 | ||
| abstain | Total Seats: 0 |
| Random fact: Moderation will not approve a Cultural Protocol request within the first 48 hours of it being requested. This is in order to give other players a chance to query the proposed changes, if they wish to do so. Moderation may be approached for advice on a proposed change, but any advice proffered should always be understood under the provisio that no final decision will be made until at least 48 hours after the request has been formally submitted for approval. |
| Random quote: "The root source of wealth is human ingenuity. This has no known bounds, so the amount of wealth in existence can always be increased. That's why capitalism is called 'making money.'" - Marc Geddes |