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Bill: CAA 001 - Liberalised Economy Act
Details
Submitted by[?]: Conservative Autonomous Alliance
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 4436
Description[?]:
| We intend to deregulate the economy. |
Proposals
Article 1
Proposal[?] to change The government's policy on advertising
Old value:: Only advertising that meets certain set standards is permitted.
Current: Only advertising that meets certain set standards is permitted.
Proposed: All advertising is permitted.
Article 2
Proposal[?] to change The banking system.
Old value:: The government operates large, national banks, but small community based private banks are allowed.
Current: The government operates large, national banks, but small community based private banks are allowed.
Proposed: All banks are privately owned.
Article 3
Proposal[?] to change The government's policy concerning phone services.
Old value:: Telephone lines are provided free of charge to all citizens.
Current: Telephone lines are provided free of charge to all citizens.
Proposed: The state subsidizes the phone service of low income families, and regulates the rates providers can charge for phone service.
Article 4
Proposal[?] to change Government policy on cryptocurrency.
Old value:: Cryptocurrency is legal and regulated, the state will issue it's own cryptocurrency.
Current: Cryptocurrency is legal and regulated, the state will issue it's own cryptocurrency.
Proposed: Cryptocurrency is legal and regulated, select private institutions can issue cryptocurrency.
Article 5
Proposal[?] to change Energy regulation.
Old value:: Energy is provided by nationalised companies.
Current: Energy is provided by nationalised companies.
Proposed: Energy is provided by private, unregulated companies but subsidies are given to those on a low income.
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 kept within a defined band of fluctuation.
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 fireworks.
Old value:: Professionals may run licensed fireworks shows, small fireworks are legal to the general public.
Current: The sale of fireworks is unregulated, anyone may buy them.
Proposed: Local governments determine fireworks laws.
Article 8
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 are not allowed to invest in national companies.
Proposed: Foreign investors may freely invest in national companies.
Article 9
Proposal[?] to change Policy concerning industrial hemp.
Old value:: Only regulated agribusinesses may produce industrial hemp.
Current: There are no regulations on industrial hemp.
Proposed: There are no regulations on industrial hemp.
Article 10
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: Certain industries are owned by the state, all others are under private ownership.
Current: Certain industries are owned by the state, all others are under private ownership.
Proposed: The government does not intervene in the market nor provide any form of subsidies/relief to industries.
Debate
These messages have been posted to debate on this bill:
| Date | 01:18:15, August 09, 2018 CET | From | Socialist Party of Kalistan (SPoK) | To | Debating the CAA 001 - Liberalised Economy Act |
| Message | We oppose. Removing the Government from the economy of Kalistan like this would cause a catastrophic collapse of the economy, because there is nothing in place to replace the public sector, which this act essentially abolishes. We Yield. Maria Reina-Rodriguez Premier of the Republic |
| Date | 01:40:13, August 09, 2018 CET | From | Radical Liberty Union (RLU) | To | Debating the CAA 001 - Liberalised Economy Act |
| Message | We oppose articles 3 & 4 on the grounds that they give private businesses state funding, essentially forming an arrangement where select CEOs get money poured into their pockets from the state. There's too much potential for corruption there. While we support Article 10 in principle, in reality, nationalized businesses form a huge part of Kalistan's economy, and there is more to be done than simply privatizing those businesses. |
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Voting
| Vote | Seats | ||
| yes | Total Seats: 0 | ||
| no | Total Seats: 750 | ||
| abstain | Total Seats: 0 |
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