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Bill: Nationalization Act
Details
Submitted by[?]: Hosian People’s Party
Status[?]: defeated
Votes: This bill proposes the withdrawal from a treaty. It will require half of the legislature to vote in favor[?]. This bill will not pass any sooner than the deadline.
Voting deadline: October 4393
Description[?]:
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Proposals
Article 1
Proposal[?] to change The nation's defence industry.
Old value:: The state owns national defence industries but these exist alongside privately owned defence industries.
Current: Defence industries are privately owned and not subsidised.
Proposed: The state owns all defence industries.
Article 2
Proposal[?] to change Television stations.
Old value:: All television media are private.
Current: The government subsidises a national TV station for educational and informational purposes; other private non-subsidised TV stations are allowed.
Proposed: All television stations are owned by the state.
Article 3
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: The government operates and owns all banks.
Article 4
Proposal[?] to change Energy regulation.
Old value:: Energy is provided by private, unregulated companies but subsidies are given to those on a low income.
Current: Energy is provided by private companies but the prices they can charge are regulated.
Proposed: Energy is provided by nationalised companies.
Article 5
Proposal[?] to change The government's stance on a salary cap.
Old value:: The government has no stance on a salary cap.
Current: The government has no stance on a salary cap.
Proposed: There is a national maximum wage but local governments may enforce stricter salary caps.
Article 6
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Current: The government does not intervene in the market nor provide any form of subsidies/relief to industries.
Proposed: Certain industries are owned by the state, all others are under private ownership.
Article 7
Proposal[?] to change Exchange rate regime
Old value:: The exchange rate of the national currency is allowed to float, and the government does not intervene at all.
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, but the government is permitted to intervene when necessary.
Article 8
Proposal[?] to change The government's policy concerning phone services.
Old value:: There are no regulations on phone service.
Current: There are no regulations on phone service.
Proposed: Telephone lines are provided free of charge to all citizens.
Article 9
Proposal[?] to change Art subsidies
Old value:: The government subsidises artistic institutions and some artists on a case by case basis.
Current: The government subsidises artistic institutions and some artists on a case by case basis.
Proposed: The government only subisdises art that is religious in nature.
Article 10
Withdraw from the Taixi Progressive Trade Accord (TPTA).
Article 11
Proposal[?] to change Renewable energy sources (eg. solar power, wind power).
Old value:: Government subsidies are provided for research and generation of energy through renewable sources.
Current: Government subsidies are provided for research and generation of energy through renewable sources.
Proposed: The decision on renewable energy sources is left up to local governments.
Debate
These messages have been posted to debate on this bill:
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Vote | Seats | ||||||
yes |
Total Seats: 134 | ||||||
no |
Total Seats: 226 | ||||||
abstain |
Total Seats: 0 |
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