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Bill: Economic Reforms Act
Details
Submitted by[?]: Libertarian Party
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: October 4416
Description[?]:
| True Capitalism-Step I! |
Proposals
Article 1
Proposal[?] to change A law on employers' obligations with regards to social security contributions.
Old value:: All enterprises are required to cover basic payroll contributions for their employees.
Current: Only large enterprises are required to cover payroll contributions for their employees.
Proposed: Employers are not required to cover payroll contributions.
Article 2
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 3
Proposal[?] to change The government's policy concerning child labour.
Old value:: Child labour is forbidden.
Current: Child labour is forbidden.
Proposed: Child labour is allowed and it is subjected to the same regulations as adult labour.
Article 4
Proposal[?] to change Government policy on cryptocurrency.
Old value:: Cryptocurrency is legal and regulated, select private institutions can issue cryptocurrency.
Current: Cryptocurrency is legal and regulated, select private institutions can issue cryptocurrency.
Proposed: The government has no policy on cryptocurrency
Article 5
Proposal[?] to change The government's policy towards daily working hours.
Old value:: The government obligates trade unions and employers to negotiate the daily number of working hours.
Current: Daily working hours are regulated by the government.
Proposed: The government has no policy concerning daily working hours.
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 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 may only be employed in circumstances where the government has determined there is a labour shortage.
Proposed: Foreign nationals are treated the same as native citizens when searching for employment.
Article 8
Proposal[?] to change Positive discrimination.
Old value:: No form of positive discrimination is permitted.
Current: The government does not regulate hiring policies.
Proposed: The government does not regulate hiring policies.
Debate
These messages have been posted to debate on this bill:
| Date | 17:01:23, June 29, 2018 CET | From | Nationalist Party of Likatonia | To | Debating the Economic Reforms Act |
| Message | Some of these proposals are truly atrocious, Congressman. Theresa Kolt, WSP House Speaker |
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Voting
| Vote | Seats | ||||
| yes | Total Seats: 40 | ||||
| no |
Total Seats: 178 | ||||
| abstain | Total Seats: 47 |
| Random fact: Jelbic = "Group of cultures with an overall Central Asian/Eurasian steppe theme, using a fictional language developed specifically for Particracy". |
| Random quote: "What we are doing to the forests of the world is but a mirror reflection of what we are doing to ourselves and to one another." - Gandhi |