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Bill: UHD: 1.4 Establishing the National Holding Corporation Act
Details
Submitted by[?]: Union Hosienne-Démocrate (UHD)
Status[?]: defeated
Votes: This bill proposes to change the allocation of funds in the budget. It requires more than half of the legislature to vote yes. This bill will pass as soon as the required yes votes are in, or will be defeated if unsufficient votes are reached on the deadline.
Voting deadline: December 4360
Description[?]:
| The Gouvernement of Kanjor hereby establishes the "Société de Portefeuille Nationale" (National Holding Corporation), or SPN. Article I: The SPN shall serve as a sovereign wealth fund, a state-owned for-profit investment fund, to aid in the formation of and advancement of the national economy and increase the wealth of Kanjor. Article II: While the SPN shall be and maintain its status as an independent state-owned investment holding company it will report to and is responsible directly to the Ministry of Finance. The management and board of the SPN ultimately reports to the the Ministry of Finance, the Gouvernement, and the President. The composition of its Board of Directors shall be appointed by the Ministry of Finance and approved by the President. Article III: The SPN shall have the authority and responsibility therein to invest its defined sums, granted by the Gouvernement, in major corporations both foreign and domestic, and other investment opportunities for-profit and betterment of Kanjor. Article IV: Third second year, the SPN shall be audited by the National Audit Office under the power of the Office of the President. |
Proposals
Article 1
| Ministry | Current Budget | Old Budget | Propesed Budget |
| Head of Government | 3,000,000,000 KRP | 5,000,000,000 KRP | 5,000,000,000 KRP |
| Foreign Affairs | 7,000,000,000 KRP | 25,000,000,000 KRP | 25,000,000,000 KRP |
| Internal Affairs | 30,000,000,000 KRP | 35,000,000,000 KRP | 35,000,000,000 KRP |
| Finance | 9,000,000,000 KRP | 20,000,000,000 KRP | 23,000,000,000 KRP |
| Defence | 65,000,000,000 KRP | 90,000,000,000 KRP | 90,000,000,000 KRP |
| Justice | 8,000,000,000 KRP | 9,000,000,000 KRP | 9,000,000,000 KRP |
| Infrastructure and Transport | 59,000,000,000 KRP | 15,000,000,000 KRP | 15,000,000,000 KRP |
| Health and Social Services | 108,000,000,000 KRP | 45,000,000,000 KRP | 45,000,000,000 KRP |
| Education and Culture | 77,000,000,000 KRP | 45,000,000,000 KRP | 45,000,000,000 KRP |
| Science and Technology | 22,000,000,000 KRP | 10,000,000,000 KRP | 10,000,000,000 KRP |
| Food and Agriculture | 37,000,000,000 KRP | 9,000,000,000 KRP | 9,000,000,000 KRP |
| Environment and Tourism | 91,000,000,000 KRP | 9,000,000,000 KRP | 9,000,000,000 KRP |
| Trade and Industry | 98,000,000,000 KRP | 10,000,000,000 KRP | 10,000,000,000 KRP |
| Total | 614,000,000,000 KRP | 327,000,000,000 KRP | 330,000,000,000 KRP |
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||
| yes | Total Seats: 252 | ||
| no | Total Seats: 0 | ||
| abstain | Total Seats: 398 |
| Random fact: Real-life religions should not be referenced in Particracy. Terra has its own religions, many of which mirror real-life ones. See: http://particracy.wikia.com/wiki/Illustrated_Catalogue_of_Religion |
| Random quote: "It is the mark of an educated mind to be able to entertain a thought without accepting it." - Aristotle |