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Bill: Anti-Fractional Reserve Banking Act
Details
Submitted by[?]: Conservative Party of Lodamun
Status[?]: passed
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: January 4635
Description[?]:
Lets outlaw fractional reserve banking. |
Proposals
Article 1
Proposal[?] to change Reserve requirements for bank loans
Old value:: The government takes no stance on reserve requirements for bank loans.
Current: There is a fractional reserve requirement for bank loans.
Proposed: There is a full reserve requirement for bank loans, but small banks and credit unions are exempt.
Debate
These messages have been posted to debate on this bill:
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Vote | Seats | ||||
yes |
Total Seats: 393 | ||||
no | Total Seats: 101 | ||||
abstain | Total Seats: 105 |
Random fact: For more information on Particracy's former colonial nations, check out http://forum.particracy.net/viewtopic.php?f=5&t=6640 |
Random quote: "Freedom is not worth having if it does not connote freedom to err." - Mahatma Gandhi |