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Bill: Economic Reform Act
Details
Submitted by[?]: Popular Alliance for Change
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: March 4038
Description[?]:
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Proposals
Article 1
Proposal[?] to change The government's policy on advertising
Old value:: All advertising is permitted.
Current: All advertising is permitted.
Proposed: Only advertising that meets certain set standards is permitted.
Article 2
Proposal[?] to change The banking system.
Old value:: All banks are privately owned.
Current: The government operates a central bank and all other banks are private.
Proposed: The government operates a central bank and all other banks are private.
Article 3
Proposal[?] to change Energy regulation.
Old value:: Energy is provided by private, unregulated companies but subsidies are given to those on a low income.
Current: Energy is provided by private companies which are not subject to any special regulations.
Proposed: Energy is provided by nationalised companies.
Article 4
Proposal[?] to change Exchange rate regime
Old value:: The exchange rate of the national currency is kept within a defined band of fluctuation.
Current: The exchange rate of the national currency is allowed to float, and the government does not intervene at all.
Proposed: The exchange rate of the national currency is allowed to float, but the government is permitted to intervene when necessary.
Article 5
Proposal[?] to change The right to gamble.
Old value:: The legality of gambling is a matter of local governments.
Current: Gambling is legal across the nation, no regulation whatsoever.
Proposed: Only small-scale gambling is allowed, involving limited amounts of money; casinos are illegal.
Article 6
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: The government subsidizes private enterprises that face bankruptcy.
Current: The government does not intervene in the market nor provide any form of subsidies/relief to industries.
Proposed: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Article 7
Proposal[?] to change The government's stance on a salary cap.
Old value:: The government enforces a salary cap.
Current: The government has no stance on a salary cap.
Proposed: The government has no stance on a salary cap.
Article 8
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: Monopolies are forbidden, and are actively broken up.
Article 9
Proposal[?] to change The government's policy concerning phone services.
Old value:: There are no regulations on phone service.
Current: There are no regulations on phone service.
Proposed: Telephone lines are provided free of charge to all citizens.
Article 10
Proposal[?] to change Secondary strike action.
Old value:: Only closely related trade unions can walk out on a sympathy strike in support of other striking workers.
Current: Secondary strike action is illegal. Workers and unions can only go on strike for their own pay and conditions.
Proposed: Secondary strike action is illegal. Workers and unions can only go on strike for their own pay and conditions.
Article 11
Proposal[?] to change Trade union strike ballots.
Old value:: Trade unions must by law hold a ballot of all members before going on strike, a majority of all members, regardless of if they vote or not must approve the strike action.
Current: Trade unions must by law hold a ballot of all members before going on strike, a majority of all members, regardless of if they vote or not must approve the strike action.
Proposed: Trade unions must by law hold a ballot of all members before going on strike, majority approval of those that vote is needed from its members.
Article 12
Proposal[?] to change The government's position towards the stock exchange(s).
Old value:: Stock exchanges are allowed and are unregulated.
Current: The government has no position on the proliferation of stock exchanges.
Proposed: Stock exchanges are allowed but are regulated.
Debate
These messages have been posted to debate on this bill:
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Vote | Seats | |||||
yes | Total Seats: 376 | |||||
no |
Total Seats: 374 | |||||
abstain | Total Seats: 0 |
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