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Bill: OGP: 1.4 Establishing the Trigunia Investment Corporation

Details

Submitted by[?]: Old Guard Party (CГП)

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: June 4406

Description[?]:

The Council of Ministers hereby establishes the "Investitsionnaya Korporatsiya Trigunii" (Trigunia Investment Corporation), or INKORP.

Article I: The INKORP shall serve as a sovereign wealth fund, a state-owned for-profit investment fund, to aid in the formation of and advancement of the national economy and increase the wealth of Trigunia.

Article II: While the INKORP shall be and maintain its status as an independent state-owned investment holding company it will report to and is responsible directly to the Ministry of Finance. The management and board of the INKORP ultimately reports to the the Ministry of Finance, the Council of Ministers, and the Premier. The composition of its Board of Directors shall be appointed by the Ministry of Finance and approved by the President.

Article III: The INKORP shall have the authority and responsibility therein to invest its defined sums, granted by the Council of Ministers, in major corporations both foreign and domestic, and other investment opportunities for-profit and betterment of Trgunia.

Article IV: Third second year, the INKORP shall be audited by the National Audit Office under the power of the Office of the Premier.

Proposals

Debate

These messages have been posted to debate on this bill:

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Voting

Vote Seats
yes
    

Total Seats: 594

no

    Total Seats: 0

    abstain
     

    Total Seats: 156


    Random fact: The voters enjoy active parties who take upon themselves the initiative to create laws.

    Random quote: "It is the hallmark of great society to debate and disagree without resorting to violence." - Mathew Jameson, former Hutorian politician

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