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Bill: RP-Law:Banking crises

Details

Submitted by[?]: תְּקוּמָה

Status[?]: passed

Votes: This bill is a resolution. It requires more yes votes than no votes. This bill will not pass any sooner than the deadline.

Voting deadline: September 4206

Description[?]:

Dear members of the Senat,

in the wake of the recent developments (http://forum.particracy.net/viewtopic.php?f=24&t=6621 and http://forum.particracy.net/viewtopic.php?f=24&t=7247), the government of Beiteynu has decided that all banks should meet with the government of Beiteynu to discuss possible repurcussions.
Furthermore, the national bank has given me informations that the two biggest bank, the National Bank of Beiteynu and the Tadrika Regional Bank are implicated with some of the banks in other countries which are close to collapsing or have already collapsed.

Proposal:

1. The Knesset allows the government without any further coordination to give securities up to 70 billion BEN and/or direct finance support for any failling bank up to 20 billion BEN.
1.1 The Central Bank shall be entitiled to take any measures it deems necessary to stabilize the market.
2. This law shall automatically expire after 20 years.
3. This is a normal law and can be passed/changed by an absolute majority.

Proposals

Debate

These messages have been posted to debate on this bill:

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Voting

Vote Seats
yes
  

Total Seats: 699

no

    Total Seats: 0

    abstain
     

    Total Seats: 0


    Random fact: "Game mechanics comes first." For example, if a currently-enforced bill sets out one law, then a player cannot claim the government has set out a contradictory law.

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