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Bill: (RP Law): (Normal Law): Financial Reform Scheme (Phase: 01) - The Spencer-Hawkins Formula
Details
Submitted by[?]: Liberal Democratic Party 🌄
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: October 4375
Description[?]:
The principle reason in the failure of small businesses and start-up companies in the nation is due to the lack of government assistance in the form of direct funding. Usually, when an individual has an idea and wishes to bring it to a practical sense, a usual limiting factor comes in the form of finances. Some small businesses do not have the financial assets necessary to continue in the market and compete with others who have been placed in "better positions". 1. Access to Capital. The Startup Stimulus Programme offers three options in which startup companies can obtain access to capital within the market. (i). Venture Capital Funds :- General Partners raise a fund from a set of Limited Partners. Then, the General Partners invest the money from that fund into an individual's startup company. (ii). Direct Government Subsidy: - The government encourages companies to develop innovative products. For example, through a tax benefit, innovation credit or a subsidy. Through making additional money available to startup companies, it increases the chances for startup companies to receive larger amounts capital. Through the Luthorian Developmental Bank (LDB), financial resources could be allocated. (iii). Crowdfunding: - Crowdfunding is the process of getting a large crowd of people to pay a small amount of money to invest in an idea or product, with the promise that when said idea comes to fruition, they will get first access to it. 2. Access to the Market As a company moves forward with its development, it is essential that is does not remain within the borders of the nation but expand to regional and international markets. (i). Beginners Voucher Programme: - The government will sponsor upcoming companies wishing to expand into the foreign market through advisement in which business owners sit down with an economics adviser from the government in an attempt to form a road plan that will ensure stability of said company as it moves into the foreign market. 3. Skills and Talent In order for a company to grow, development cannot happen through the efforts of one single person. Only through the efforts of a well organised staff, could the development of your company be championed. (i). Vocational Training: - The government has made provision for companies to negotiate with schools on a vocational training system. Students within the secondary education category are eligible to obtain training from companies to move into their respective fields of choice. In exchange for educating students on how it is to work within the nation's workforce, companies tend to benefit greatly in the form of experienced workers. (ii). Job Finding Website: - Throughout the nation, the government has promote the formation/conceptualisation of high level recruitment offices aimed at ensuring specialised individuals necessary for your company are found. This is a normal law, as such it can be passed, amended and abolished with a 2/3 majority by the Imperial Diet. |
Proposals
Debate
These messages have been posted to debate on this bill:
| Date | 14:07:31, April 07, 2018 CET | From | Liberal Democratic Party 🌄 | To | Debating the (RP Law): (Normal Law): Financial Reform Scheme (Phase: 01) - The Spencer-Hawkins Formula |
| Message | Mr. Speaker, I open the floor for debate, Anthony Simpson-Dyers Political Leader, New Conservative Party. |
| Date | 20:28:44, April 07, 2018 CET | From | White Rose (IA) - M | To | Debating the (RP Law): (Normal Law): Financial Reform Scheme (Phase: 01) - The Spencer-Hawkins Formula |
| Message | Mr. Speaker Since this is a normal law it requires a absolute majority not 2/3. Other than that I completely support this, the success of small businesses and start up companies is important in continuing to grow the Luthori ecomony Jade Kent Leader, White Rose - M |
| Date | 20:46:51, April 07, 2018 CET | From | White Rose (IA) - M | To | Debating the (RP Law): (Normal Law): Financial Reform Scheme (Phase: 01) - The Spencer-Hawkins Formula |
| Message | Mr. Speaker This piece of legislation has full support from the Finance Ministry. Kate Evans Finance Minister |
| Date | 13:48:18, April 08, 2018 CET | From | Liberal Democratic Party 🌄 | To | Debating the (RP Law): (Normal Law): Financial Reform Scheme (Phase: 01) - The Spencer-Hawkins Formula |
| Message | Mr. Speaker, It is amazing to see that the communist party wishes not to abandon their faulted ideologically policies and work towards our nation's economic development. It can be deduced that they are the reason why our economy is at its current state, running at a negative surplus for the past ten years. Anthony Simpson-Dyers Political Leader, New Conservative Party. |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 380 | ||||
| no | Total Seats: 209 | ||||
| abstain | Total Seats: 76 |
| Random fact: It is the collective responsibility of the players in a nation to ensure all currently binding RP laws are clearly outlined in an OOC reference bill in the "Bills under debate" section of the nation page. Confusion should not be created by displaying only some of the current RP laws or displaying RP laws which are no longer current. |
| Random quote: "To the youth of America, I say, beware of being trivialized by the commercial culture that tempts you daily. I hear you saying often that you're not turned on by politics. The lessons of history are clear and portentous. If you do not turn onto politics, politics will turn on you." - Ralph Nader |