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Bill: Economic reform - PLD
Details
Submitted by[?]: Partido Liberal Democrático
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: June 4772
Description[?]:
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Proposals
Article 1
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 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 underneath the direct oversight of the national legislature.
Current: The central bank is an entirely independent agency of the government.
Proposed: The central bank is an entirely independent agency of the government.
Article 3
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:: Union shops and agency shops are legal, but closed shops are not.
Current: Only open shops are legal.
Proposed: Closed shops, union shops and agency shops are legal.
Article 4
Proposal[?] to change Collective bargaining
Old value:: No employees may engage in collective bargaining
Current: Public and private sector employees have the right to collectively bargain
Proposed: Public and private sector employees have the right to collectively bargain
Article 5
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 31
Current: 10
Proposed: 25
Article 6
Proposal[?] to change Policy on the charging and collection of interest on loans
Old value:: The government has no policy on the charging of interest on loans
Current: Banks and financial institutions charge interest on loans and are unregulated
Proposed: The central bank determines the policy on charging interest on loans (if one exists)
Article 7
Proposal[?] to change Energy regulation.
Old value:: Energy is provided by nationalised companies.
Current: Energy is provided by private companies which are not subject to any special regulations.
Proposed: Energy is provided by private companies but the prices they can charge are regulated.
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 may freely invest in national companies.
Proposed: Foreign investors may freely invest in national companies.
Article 9
Proposal[?] to change The right to gamble.
Old value:: Only small-scale gambling is allowed, involving limited amounts of money; casinos are illegal.
Current: Gambling is illegal unless taking place in a licensed casino.
Proposed: The legality of gambling is a matter of local governments.
Article 10
Proposal[?] to change Policy on employee representation on corporate boards
Old value:: Two thirds of corporate boards must consist of employees
Current: One third of corporate boards must consist of employees
Proposed: No employee representation is required on corporate boards
Article 11
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, but small banks and credit unions are exempt.
Proposed: There is a fractional reserve requirement for bank loans.
Article 12
Proposal[?] to change Positive discrimination.
Old value:: The government does not regulate hiring policies.
Current: No form of positive discrimination is permitted.
Proposed: No form of positive discrimination is permitted.
Article 13
Proposal[?] to change Trade union strike ballots.
Old value:: Trade unions must by law hold a ballot of all members before going on strike, majority approval of those that vote is needed from its members.
Current: Trade unions must by law hold a ballot of all members before going on strike, majority approval of those that vote is needed from its members.
Proposed: Trade unions must by law hold a ballot of all members before going on strike, a majority of all members, regardless of if they vote or not must approve the strike action.
Article 14
Proposal[?] to change Government policy on Democratic Workers' Councils.
Old value:: The government encourages the formation of Democratic Workers' Councils through subsidies and tax exemptions.
Current: The government does not intervene in the marketplace with regards to Democratic Workers' Councils.
Proposed: The government does not intervene in the marketplace with regards to Democratic Workers' Councils.
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |
| yes | Total Seats: 500 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
| Random fact: Parties have the ability to endorse another party's candidate for the Head of State election (if there is one). This adds a strategic element to the elections. |
| Random quote: "The only difference between the Republican and Democratic parties is the velocities with which their knees hit the floor when corporations knock on their door. That's the only difference." - Ralph Nader |