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Bill: Foreign Investment and Labour Reform Act of 4388
Details
Submitted by[?]: New Liberal Party of Hutori
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: November 4388
Description[?]:
| As we will need to address budget shortfalls in the near future, we must find ways for our businesses to cut costs and earn greater foreign direct investment. This bill eliminates hiring quotas while also protecting minority and women workers, incentivizes foreign investment, reduces administrative burden related to Unions without hurting their collective bargaining power, and allows localities to set salary cap policy for businesses. |
Proposals
Article 1
Proposal[?] to change Closed shops are places of employment where only members of a specific union are allowed to work; union shops can hire non-members, but these have to become members after a certain time; agency shops can hire non-members, who have to pay a fee to cover the unions costs. All three are erected by union agreements. (Only valid if unions are legal)
Old value:: Closed shops, union shops and agency shops are legal.
Current: Only open shops are legal.
Proposed: Agency shops are legal, but closed shops and union shops are not.
Article 2
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 need to obtain government approval for all investments in national companies.
Proposed: Foreign investors may freely invest in national companies.
Article 3
Proposal[?] to change The government's stance on a salary cap.
Old value:: The government enforces a salary cap.
Current: Labour unions and organizations of employers negotiate a salary cap.
Proposed: Local governments decide on salary cap laws.
Article 4
Proposal[?] to change Positive discrimination.
Old value:: The government sets compulsory quotas for hiring women, minorities and marginalized groups.
Current: The government encourages positive discrimination and enforces it for government hiring.
Proposed: The government encourages positive discrimination and enforces it for government hiring.
Debate
These messages have been posted to debate on this bill:
| Date | 16:04:35, May 04, 2018 CET | From | New Liberal Party of Hutori | To | Debating the Foreign Investment and Labour Reform Act of 4388 |
| Message | Mr. Speaker, The New Liberals are proud to introduce the Foreign Investment and Labour Reform Act of 4388 (FILR). FILR does the following: - Eliminates hiring quotas and the paperwork that goes with them, by replacing hiring quotas with a system of incentives for affirmative action/positive discrimination. - Incentivizes foreign investment, by allowing foreign nationals to purchase majority ownership of publicly traded corporations. - Allows localities to set salary cap policy, ensuring greater competition for business investment and reducing the administrative burden on the national government. Some may even allow for no salary cap, perhaps incentivizing even greater foreign investment. - Privileges agency shops over closed shops and union shops, allowing for less regulation for Hutorian companies, and greater choice in employment for Hutorian citizens. Doing so still ensures unions receive the dues they need to protect and support Hutorian workers. We hope our colleagues and friends will join us in supporting this bill. Russell Selwyn MP for Sutton East Leader of the New Liberals |
| Date | 16:49:17, May 04, 2018 CET | From | Ultrackian Communist Party | To | Debating the Foreign Investment and Labour Reform Act of 4388 |
| Message | This will dissinfranchise unions, I must vote no |
| Date | 17:51:01, May 04, 2018 CET | From |  Liberal Party of Hutori | To | Debating the Foreign Investment and Labour Reform Act of 4388 |
| Message | To the Honourable Leader of the Ultrackian Socialist Party A warning that you must show proper Parliamentary procedure while you are in this House during debate. Remember to address the Speaker when you are debating Bills. Michael Hodson (NNPP-FA) Speaker of the Parliament MP for Carter City Centre |
| Date | 17:52:17, May 04, 2018 CET | From | Liberal Party of Hutori | To | Debating the Foreign Investment and Labour Reform Act of 4388 |
| Message | Mr. Speaker Could the USP actually point out how this disenfranchises unions? Their collect bargaining power has not been infringed upon and we have not removed their right to strike or negotiate. Cedric Woodbury Spokesman for the Monarchist Coalition of Hutori His Grace the Duke of Groomsbridge |
| Date | 19:08:13, May 04, 2018 CET | From | National Progress Party | To | Debating the Foreign Investment and Labour Reform Act of 4388 |
| Message | Mr Speaker, I don't understand at all how this bill is suppose to help us solve our financial problems. Except for article 4, I don't see any links whatsoever between these measures and our financial crisis. -Joseph Bokota MP for the NNPP |
| Date | 19:28:45, May 04, 2018 CET | From | New Liberal Party of Hutori | To | Debating the Foreign Investment and Labour Reform Act of 4388 |
| Message | Mr Speaker, We thank the honourable gentleman from the NNPP for his comment. Let us try to make the case that Articles 1 through 3 also help the Hutorian economy and therefore the national budget. There are administrative burdens of investigating and ensuring salary caps and positive discrimination quotas. Those burdens carry costs for the national government. Transferring salary cap administration to the Provinces and eliminating quotas removes those costs - however small - from the national budget. Furthermore as localities can set salary caps, the New Liberals expect that they will increase salary caps to compete for corporate relocation. Doing so increases the total pay executives and other can get, thereby increasing the returns to the national government through increased income taxes. Forcing a change from closed and union shops to agency shops should increase corporate revenues by decreasing the cost of doing business with unions. Increased corporate revenues increase income tax returns. We wish to note that while the New Liberals would begrudgingly support tax increases to the sales taxes (both luxury and essential) and, under the right circumstances, the corporate income tax, we do not believe that the Conservatives, Reformers, and Democratic Change (and their combined 272 votes) would support such increases. Until a time in which the majority of parliament will support tax increases, we believe pro-growth policies are the ONLY way to help balance our budget. We hope our friends in the NNPP are swayed by this argument, but are happy to talk further. Julia Black MP for Woodhurst North Shadow Finance Minister, New Liberal Party |
| Date | 19:28:46, May 04, 2018 CET | From | New Liberal Party of Hutori | To | Debating the Foreign Investment and Labour Reform Act of 4388 |
| Message | Mr Speaker, We thank the honourable gentleman from the NNPP for his comment. Let us try to make the case that Articles 1 through 3 also help the Hutorian economy and therefore the national budget. There are administrative burdens of investigating and ensuring salary caps and positive discrimination quotas. Those burdens carry costs for the national government. Transferring salary cap administration to the Provinces and eliminating quotas removes those costs - however small - from the national budget. Furthermore as localities can set salary caps, the New Liberals expect that they will increase salary caps to compete for corporate relocation. Doing so increases the total pay executives and other can get, thereby increasing the returns to the national government through increased income taxes. Forcing a change from closed and union shops to agency shops should increase corporate revenues by decreasing the cost of doing business with unions. Increased corporate revenues increase income tax returns. We wish to note that while the New Liberals would begrudgingly support tax increases to the sales taxes (both luxury and essential) and, under the right circumstances, the corporate income tax, we do not believe that the Conservatives, Reformers, and Democratic Change (and their combined 272 votes) would support such increases. Until a time in which the majority of parliament will support tax increases, we believe pro-growth policies are the ONLY way to help balance our budget. We hope our friends in the NNPP are swayed by this argument, but are happy to talk further. Julia Black MP for Woodhurst North Shadow Finance Minister, New Liberal Party |
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Voting
| Vote | Seats | |||||
| yes |
Total Seats: 208 | |||||
| no | Total Seats: 281 | |||||
| abstain |
Total Seats: 116 |
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