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Bill: Economic Liberalism Act
Details
Submitted by[?]: Conservative 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: May 4373
Description[?]:
| We wish to reduce the government's power over the economy. |
Proposals
Article 1
Proposal[?] to change Government policy on cryptocurrency.
Old value:: Cryptocurrency is legal and regulated, the state will issue it's own cryptocurrency.
Current: Cryptocurrency is illegal.
Proposed: Cryptocurrency is legal and regulated, select private institutions can issue cryptocurrency.
Article 2
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 32
Current: 5
Proposed: 10
Article 3
Proposal[?] to change Central Bank oversight and regulation (if a central bank exists)
Old value:: The government appoints the head of the central bank and an executive board to manage the central bank and can interfere with its operations.
Current: The central bank is an entirely independent agency of the government.
Proposed: The central bank is an entirely independent agency of the government.
Article 4
Proposal[?] to change The banking system.
Old value:: The government operates a central bank and all other banks are private.
Current: The government operates a central bank and all other banks are private.
Proposed: All banks are privately owned.
Article 5
Proposal[?] to change Government policy towards alcoholic beverages.
Old value:: The state has a monopoly on the sale of alcoholic beverages.
Current: Alcoholic beverages may be purchased and consumed anywhere, but only by adults.
Proposed: Alcoholic beverages may be purchased and consumed anywhere, but only by adults.
Article 6
Proposal[?] to change Energy regulation.
Old value:: Energy is provided by nationalised companies.
Current: Energy is provided by private companies but the prices they can charge are regulated.
Proposed: Energy is provided by private, unregulated companies but subsidies are given to those on a low income.
Article 7
Proposal[?] to change Exchange rate regime
Old value:: The exchange rate of the national currency is allowed to float, but the government is permitted to intervene when necessary.
Current: The exchange rate of the national currency is kept within a defined band of fluctuation.
Proposed: The exchange rate of the national currency is allowed to float, and the government does not intervene at all.
Article 8
Proposal[?] to change Policy concerning industrial hemp.
Old value:: Only regulated agribusinesses may produce industrial hemp.
Current: Only regulated agribusinesses may produce industrial hemp.
Proposed: There are no regulations on industrial hemp.
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |||
| yes |
Total Seats: 224 | |||
| no |
Total Seats: 445 | |||
| abstain |
Total Seats: 81 |
| Random fact: Moderation will not implement nation renaming requests where the proposed name does not comply with the requirements set out in the Nation Renaming Guide: http://forum.particracy.net/viewtopic.php?f=11&t=6364 |
| Random quote: "We here thank those in Deltaria who put [Zardic spy Mona Rivet] to justice in the most humane way possible. With bullets." - Sergio Rodriguez, former Egelian journalist |