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Bill: Law 5/666 for the development of national economy
Details
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: December 4100
Description[?]:
| Bill with the objective to improve the national economy |
Proposals
Article 1
Proposal[?] to change The government's policy on advertising
Old value:: Only advertising that meets certain set standards is permitted.
Current: Only governmental organisation advertising is permitted.
Proposed: All advertising is permitted.
Article 2
Proposal[?] to change The banking system.
Old value:: The government operates and owns all banks.
Current: The government operates large, national banks, but small community based private banks are allowed.
Proposed: The government operates a central bank and all other banks are private.
Article 3
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 33
Current: 20
Proposed: 5
Article 4
Proposal[?] to change Eminent Domain.
Old value:: The government may seize private property for any reason.
Current: The government may seize private property for vital government works.
Proposed: The government may not seize private property.
Article 5
Proposal[?] to change Energy regulation.
Old value:: Energy is provided by nationalised companies.
Current: Energy is provided by nationalised companies.
Proposed: Energy is provided by private companies which are not subject to any special regulations.
Article 6
Proposal[?] to change Government agricultural and farming subsidies policy.
Old value:: All agricultural operations are state-owned and operated.
Current: Strategic crops are produced on State owned farms. All other produce is left to the Private sector.
Proposed: Strategic crops are produced on State owned farms. All other produce is left to the Private sector.
Article 7
Proposal[?] to change
The government's policy regarding foreign investments.
Old value:: Foreign investors may invest in national companies, but may not get a majority share.
Current: Foreign investors need to obtain government approval for all investments in national companies.
Proposed: Foreign investors may freely invest in national companies.
Article 8
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: All industry is owned and operated by the state.
Current: All industry is owned and operated by the state.
Proposed: Certain industries are owned by the state, all others are under private ownership.
Article 9
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 actively enforced in all sectors of the economy.
Current: Monopolies are forbidden, and are actively broken up.
Proposed: Monopolies are forbidden, and are actively broken up.
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
| Vote | Seats | ||
| yes |
Total Seats: 264 | ||
| no | Total Seats: 197 | ||
| abstain | Total Seats: 62 |
| Random fact: References to prominent real-life persons are not allowed. This includes references to philosophies featuring the name of a real-life person (eg. "Marxism", "Thatcherism", "Keynesianism"). |
| Random quote: "Society comprises two classes: those who have more food than appetite, and those who have more appetite than food." - Nicolas Chamfort |