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Bill: P.d.l. 03/4353 - Investment Reform, and Enhancement, Act
Details
Submitted by[?]: Alleanza Radicale - NCD
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: January 4354
Description[?]:
| Nadir Hariri, Vice-Leader of LP: "Mr Speaker, for almost two centuries Istalia was known for its business-friendly economy and politics, with great benefits for Istalia. To impose the current limit to the foreign investment cannot but affect negatively the attractiveness of our nation which if want invest a lot abroad it should also accept investment from abroad and attract them. There are no reason to maintain the current limits! A company in Istalia, independently by its owners, have to pay taxes here in Istalia, otherways it would be not an istalian company, very simple. So, why limit the investment? We should really reverse this recent decision. Thank you" |
Proposals
Article 1
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 may freely invest in national companies.
Proposed: Foreign investors may freely invest in national companies.
Debate
These messages have been posted to debate on this bill:
| Date | 20:26:01, February 23, 2018 CET | From | Fronte Democratico - P.L. | To | Debating the P.d.l. 03/4353 - Investment Reform, and Enhancement, Act |
| Message | Bea Grande, Whip of the PLI: Mr. speaker, we believe that to preserve our industries investors should not achieve the majority share, we fear that once the majority is acquired, investors decide to relocate in their states. Without further guarantees that there will be more advantages than disadvantages, the PLI is inclined to vote no. Thank you. |
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Voting
| Vote | Seats | |||||
| yes |
Total Seats: 217 | |||||
| no |
Total Seats: 351 | |||||
| abstain | Total Seats: 0 |
| Random fact: RP laws follow the same passing rules as in-game variable laws. Laws that are not of a constitutional nature require a simple majority "Yes" vote from active parties currently holding seats. Laws that are of a constitutional nature require a 2/3 majority "Yes" vote from active parties currently holding seats. RP laws may be abolished a simple majority vote this applies to ANY RP law. |
| Random quote: "Law is mind without reason." - Aristotle |