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Bill: Industrial Reform Act
Details
Submitted by[?]: Lodamese Populist Party
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: February 4131
Description[?]:
| Mr Speaker, We believe that the government currently intervenes too much in the economy and this may be harming the economy through lowered business confidence and the general inefficiencies of government regulation. Party Leader Adelaide Davidson |
Proposals
Article 1
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: The state owns the commanding heights of the economy and all major industries, but private ownership is allowed in the minor industries.
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 2
Proposal[?] to change The government's position towards the stock exchange(s).
Old value:: The government owns the stock exchange(s).
Current: Stock exchanges are allowed but are regulated.
Proposed: Stock exchanges are allowed but are regulated.
Debate
These messages have been posted to debate on this bill:
| Date | 22:11:20, December 04, 2016 CET | From | Grand Nationalist Fraction | To | Debating the Industrial Reform Act |
| Message | Mr. Speaker, we agree on the proposal concerning the industries. However, we have to oppose because of the article on stock exchange. We prefer the law as it is. Luk Gorky LNC spokesman |
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Voting
| Vote | Seats | ||
| yes | Total Seats: 184 | ||
| no | Total Seats: 405 | ||
| abstain |
Total Seats: 10 |
| Random fact: Real-life quotations may be used in Particracy, but the real-life speaker or author should always be referenced in an OOC (out-of-character) note alongside the quotation. |
| Random quote: "Only the educated are free." - Epictetus |