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Bill: F-120: Energy Competition Act
Details
Submitted by[?]: Federal Heritage Party of Hutori
Status[?]: passed
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: July 4402
Description[?]:
| Article 1) Upon the passage of the Energy Competition Act all energy companies will be privatized. Article 2) The Graham Anti-Trust Act will apply to energy companies and as such all monopolies in this sector will be broken up by the Ministry of Trade & Industry. Article 3) The rate at which individuals can be charged will be determined based upon income and projected energy use Therefore, if a person that is in X tax bracket exceeds a certain power usage the power company can charge a higher rate. Article 4) The rate at which certain income levels can be charged will be determined by the Ministry of Finance and the Ministry of Infrastructure and Transport. Article 5) Rates at which companies can be charged will be left to market forces. Article 6) New and Small Businesses will be offered tax credits and subsidies for power usage up to a certain usage to be determined in the same manner as individual rates. |
Proposals
Article 1
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 companies but the prices they can charge are regulated.
Debate
These messages have been posted to debate on this bill:
| Date | 02:48:10, May 31, 2018 CET | From | Federal Heritage Party of Hutori | To | Debating the F-120: Energy Competition Act |
| Message | Mr. Speaker, I hereby open up this proposal to debate. Jeffery Rawson (F-AD) Federalist Parliamentary Leader |
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Voting
| Vote | Seats | ||||
| yes |
Total Seats: 205 | ||||
| no | Total Seats: 131 | ||||
| abstain | Total Seats: 69 |
| Random fact: Real-life places should not be referenced in Particracy. |
| Random quote: "Idealism is fine; but as it approaches reality, the cost becomes prohibitive." - William F. Buckley, Jr. |