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Bill: Bill HI-1: Bank Privatization Act
Details
Submitted by[?]: Republican Party of Hutori
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: October 4043
Description[?]:
| This bill will serve to break up the major banks of Hutori in favor of at least establishing small privately-owned bank companies across the nation. |
Proposals
Article 1
Proposal[?] to change The banking system.
Old value:: The government operates a central bank and all other banks are private.
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 | 05:27:45, June 13, 2016 CET | From |  Liberal Party of Hutori | To | Debating the Bill HI-1: Bank Privatization Act |
| Message | Mr. Speaker This Bill does not privatize the Banking System as it claims; in fact there is only one nationally owned Bank, the Hutorian Central Bank all others are already privately owned. Senator Eric Purcell Minister of Finance |
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Voting
| Vote | Seats | |||||
| yes | Total Seats: 174 | |||||
| no |
Total Seats: 342 | |||||
| abstain |
Total Seats: 53 |
| Random fact: In order for a Cabinet bill to pass, more than half of the legislature must vote for it and all of the parties included in the proposed Cabinet must support it. If your nation has a Head of State who is also the Head of Government, then the party controlling this character must also vote for the bill, since the Head of Government is also a member of the Cabinet. If any of these requirements are not met, the bill will not pass. |
| Random quote: "It is better to abolish serfdom from above than wait for it to abolish itself from below." - Alexander II of Russia |