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Bill: The Economic Restructure & Capitalism Reform Act
Details
Submitted by[?]: Moderate Party
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: February 4669
Description[?]:
The Economic Restructure & Capitalism Reform Act |
Proposals
Article 1
Proposal[?] to change The banking system.
Old value:: The government operates and owns all banks.
Current: The government operates a central bank and all other banks are private.
Proposed: The government operates a central bank and all other banks are private.
Article 2
Proposal[?] to change Central Bank oversight and regulation (if a central bank exists)
Old value:: The central bank is an entirely independent agency of the government.
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 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.
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, but with additional regulations to those of adult labourers.
Article 4
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 20
Current: 10
Proposed: 10
Article 5
Proposal[?] to change The government's policy towards fireworks.
Old value:: The sale of fireworks is unregulated, anyone may buy them.
Current: Local governments determine fireworks laws.
Proposed: Professionals may run licensed fireworks shows, small fireworks are legal to the general public.
Article 6
Proposal[?] to change Employer's rights in regards to firing striking workers.
Old value:: Employers are free to fire workers who go on strike.
Current: Employers can fire workers who are deemed to have gone on strike without reasonable reasons.
Proposed: Employers can fire workers who are deemed to have gone on strike without reasonable reasons.
Article 7
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 is no provision for a minimum wage.
Proposed: There shall be a minimum wage at a level that a full time worker on it can support a family of four without falling under the poverty line.
Article 8
Proposal[?] to change The government's policy concerning phone services.
Old value:: There are no regulations on phone service.
Current: Telephone lines are provided free of charge to all citizens.
Proposed: The state subsidizes the phone service of low income families but does not regulate the rates providers can charge for phone service.
Article 9
Proposal[?] to change Sales tax on luxury goods.
Old value:: 28
Current: 5
Proposed: 10
Article 10
Proposal[?] to change The right to gamble.
Old value:: Gambling is legal across the nation, no regulation whatsoever.
Current: Gambling is legal, but only in private homes and casinos with special licences.
Proposed: The legality of gambling is a matter of local governments.
Article 11
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: The government subsidizes private enterprises that face bankruptcy.
Proposed: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Article 12
Proposal[?] to change
The government's policy regarding foreign investments.
Old value:: Foreign investors need to obtain government approval for all investments in national companies.
Current: Foreign investors may freely invest in national companies.
Proposed: Foreign investors may freely invest in national companies.
Article 13
Proposal[?] to change The right for a person to prostitute himself or herself.
Old value:: Prostitution is legal and a recognized profession.
Current: Prostitution is legal and a recognized profession.
Proposed: Prostitution regulation decisions are left up to local governments.
Article 14
Proposal[?] to change The government's policy in respect to highways.
Old value:: A national highway infrastructure is constructed and maintained by the government.
Current: There is a national highway system constructed and maintained by the national government, and local systems by local governments.
Proposed: There is a national highway system constructed and maintained by the national government, and local systems by local governments.
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | |
yes |
Total Seats: 500 | |
no | Total Seats: 0 | |
abstain | Total Seats: 0 |
Random fact: Dorvik is a nation based on Germanic and old Prussian cultures, it is located on the far north of Artania, making it an almost arctic nation. |
Random quote: "It is obvious that the laissez-faire ideology represents the interests of big business. For decades, the right-wing has opposed welfare programs and nationalised companies, in favour of big business disguised under 'economic liberty'." - Cecilia Xu, former Gaduri politician |