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Bill: OL LPL-1 Economic Reform Act 4614/2
Details
Submitted by[?]: Progressive Party of Lodamun - Liberals
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: April 4615
Description[?]:
| An Act to reform the economy to increase market efficiency and the productivity of Lodamese businesses to improve standard of living and the competitiveness of the Lodamese economy. |
Proposals
Article 1
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, but with additional regulations to those of adult labourers.
Article 2
Proposal[?] to change Closed shops are places of employment where only members of a specific union are allowed to work; union shops can hire non-members, but these have to become members after a certain time; agency shops can hire non-members, who have to pay a fee to cover the unions costs. All three are erected by union agreements. (Only valid if unions are legal)
Old value:: Closed shops, union shops and agency shops are legal.
Current: Closed shops, union shops and agency shops are legal.
Proposed: Agency shops are legal, but closed shops and union shops are not.
Article 3
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 50
Current: 23
Proposed: 20
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, select private institutions can issue cryptocurrency.
Proposed: The government has no policy on cryptocurrency
Article 5
Proposal[?] to change Central Bank oversight and regulation (if a central bank exists)
Old value:: The government appoints the head of the central bank and an executive board to manage the central bank but does not otherwise interfere in its operations.
Current: The government appoints the head of the central bank and an executive board to manage the central bank but does not otherwise interfere in its operations.
Proposed: The central bank is an entirely independent agency of the government.
Article 6
Proposal[?] to change Policy on monopolies (this general law is superceded by other laws relating to specific parts of the economy).
Old value:: Monopolies are forbidden, and are actively broken up.
Current: Monopolies are forbidden, and are actively broken up.
Proposed: Monopolies are only forbidden in specific sectors of the economy.
Article 7
Proposal[?] to change Secondary strike action.
Old value:: Any trade union can go on a sympathy strike in support of other striking workers.
Current: Any trade union can go on a sympathy strike in support of other striking workers.
Proposed: Secondary strike action is illegal. Workers and unions can only go on strike for their own pay and conditions.
Article 8
Proposal[?] to change The nation's policy on minimum wage regulation.
Old value:: There shall be a minimum wage at a level considered a "living wage," well above the poverty line for a full time worker.
Current: There shall be a minimum wage at a level considered a "living wage," well above the poverty line for a full time worker.
Proposed: There shall be a minimum wage at a level that a single full time worker on it can adequately subsist.
Debate
These messages have been posted to debate on this bill:
| Date | 01:46:14, August 06, 2019 CET | From | Lodamese Democratic Progressive Party | To | Debating the OL LPL-1 Economic Reform Act 4614/2 |
| Message | Mr. Speaker, The LGC disagrees with much of this economic reform bill. We could revisit the articles on shops, cryptocurrency, and the Central Bank in future legislation, but our party is against the rest of this. Jason Carson, LGC Libertarian Faction Leader |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 0 | |||
| no |
Total Seats: 599 | |||
| abstain | Total Seats: 0 |
| Random fact: Party organizations are eligible for deletion if they are over 50 in-game years old, do not have at least 1 active member or are historically significant and possess historically significant information. |
| Random quote: "Politics is the art of postponing decisions until they are no longer relevant." - Henri Queuille |