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Bill: Business & Economic Reform Act
Details
Submitted by[?]: İlerici Muhafazakar Partisi
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: December 4382
Description[?]:
| We intend to change the current policies. These laws prevent from letting investors from freely investing in Jakania |
Proposals
Article 1
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 2
Proposal[?] to change The government's policy concerning child labour.
Old value:: Child labour is allowed, but with additional regulations to those of adult labourers.
Current: Child labour is forbidden.
Proposed: Child labour is forbidden.
Article 3
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 30
Current: 20
Proposed: 5
Article 4
Proposal[?] to change Government policy on cryptocurrency.
Old value:: The government has no policy on cryptocurrency
Current: The government has no policy on cryptocurrency
Proposed: Cryptocurrency is legal and regulated, select private institutions can issue cryptocurrency.
Article 5
Proposal[?] to change Energy regulation.
Old value:: Energy is provided by nationalised companies.
Current: Energy is provided by private companies which are not subject to any special regulations.
Proposed: Energy is provided by private, unregulated companies but subsidies are given to those on a low income.
Article 6
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 allowed to float, but the government is permitted to intervene when necessary.
Proposed: The exchange rate of the national currency is allowed to float, and the government does not intervene at all.
Article 7
Proposal[?] to change The government's position towards the stock exchange(s).
Old value:: Stock exchanges are allowed but are regulated.
Current: Stock exchanges are allowed but are regulated.
Proposed: Stock exchanges are allowed and are unregulated.
Article 8
Proposal[?] to change The government's policy towards foreign workers.
Old value:: Foreign nationals may seek employment but with inferior legal employment protections and benefits to native citizens.
Current: Foreign nationals are treated the same as native citizens when searching for employment.
Proposed: Foreign nationals are treated the same as native citizens when searching for employment.
Article 9
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.
Article 10
Proposal[?] to change The workers' right to strike.
Old value:: All workers, except certain categories of workers regarded as critical to society, have the right to strike.
Current: All strikes are illegal.
Proposed: All workers have the right to strike.
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||
| yes | Total Seats: 0 | ||
| no | Total Seats: 0 | ||
| abstain | Total Seats: 350 |
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| Random quote: "We have to face the fact that either all of us are going to die together or we are going to learn to live together, and if we are to live together we have to talk." - Eleanor Roosevelt |