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Bill: Price Controls Act 4076
Details
Submitted by[?]: Coalition for National Unity [CNU]
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: January 4077
Description[?]:
| Authors: Cillian Torvellian, Unionist Leader & Geortha Marindi, Shadow Finance Secretary Proposer: Ahmad Sabbir Saidi, Unionist Legislative Lead |
Proposals
Article 1
Proposal[?] to change Sales tax on essential goods such as food and non-luxury clothing.
Old value:: 0
Current: 0
Proposed: 1
Article 2
Proposal[?] to change Exchange rate regime
Old value:: The exchange rate of the national currency is allowed to float, but the government is permitted to intervene when necessary.
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 kept within a defined band of fluctuation.
Article 3
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 acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Proposed: Certain industries are owned by the state, all others are under private ownership.
Article 4
Proposal[?] to change Sales tax on luxury goods.
Old value:: 5
Current: 0
Proposed: 3
Article 5
Proposal[?] to change The government's stance on a salary cap.
Old value:: The government has no stance on a salary cap.
Current: The government has no stance on a salary cap.
Proposed: Labour unions and organizations of employers negotiate a salary cap.
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||||
| yes |
Total Seats: 325 | ||||
| no |
Total Seats: 290 | ||||
| abstain | Total Seats: 135 |
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