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Bill: Foreign Investment Act
Details
Submitted by[?]: Metzistische Volkspartei
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: December 4530
Description[?]:
| Introduced to set explicit guidelines in regards to foreign investment on Dundorfian soil, the MVP introduces such proposals to the Volksrat. Upon the immediate passage of this bill, said articles are hereby binding and shall go into effect immediately. ARTICLE I— If trade negotiations with a foreign power result in the establishment of one of said foreign nation's stores on Dundorfian soil, whether it be an electronics store, clothing retailer, or even something as simple as a gas station, the foreign company is hereby obligated to abide by binding labor laws already in place within the Metzist Republic of Dundorf, along with the additional provisions provided by this legislation. Any deviation from the law may incur fines issued to the company in question, or possible expulsion and their possessions be subject to Article IV, should such infractions prove severe. ARTICLE II— Such infractions touched upon in Article I include, but are not limited to: -Attempting to cut corners during a slump in revenue, namely unexpected worker layoffs and sudden wage cuts -Attempting to gain control of a native Dundorfian citizen's Publicly-owned Enterprise -Trying to establish a monopoly in any given commercial or industrial field (heavy fines are to be issued for such an infraction, along with possible expulsion) -Engaging in limiting control of workers salaries by way of encouraging laborers to use company stores, company currency, etc. ARTICLE III— As outlined in the nation's own labor laws, foreign companies are allowed to freely invest in state-run industries along with smaller Publicly-owned Enterprises but are not entitled to a majority share. Revenue shall be divided equally amongst the state and the foreign company in regards to state-run companies, and split three ways between the worker, national government, and foreign company if it is in regards to Publicly-owned Enterprises. ARTICLE IV— If a foreign company suddenly withdraws its assets, whether due to factors within Dundorf proper or the foreign nation in question, the company hereby consents to having their physical assets relinquished to the state and their last revenue prior to withdrawal being split between the national government and the company, to allow them compensation. ARTICLE V— Foreign companies are obligated to provide high job safety standards, along with giving health coverage to those who in rare circumstances do not have it. ARTICLE VI— Foreign companies are also encouraged to practice hiring of both male and female workers to allow equal labor opportunities. |
Proposals
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||
| yes | Total Seats: 400 | ||
| no | Total Seats: 0 | ||
| abstain | Total Seats: 0 |
| Random fact: The people in your nation don't like inactive parties. When you often abstain from voting for a bill, they will dislike your party and your visibility to the electorate will decrease significantly. Low visibility will means you are likely to lose seats. So keep in mind: voting Yes or No is always better than Abstaining. |
| Random quote: "America will never be destroyed from the outside. If we falter and lose our freedoms, it will be because we destroyed ourselves." - Abraham Lincoln |