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Bill: Economic Liberalization Act, 4803

Details

Submitted by^[?]: Aŭgustana Koalicio

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 4804

Description^[?]:

An act to open the empire to a freer market while maintaining a balance of government oversight

Proposals

Article 1

Proposal^[?] to change Policy on the charging and collection of interest on loans

Old value:: The Ministry of Finance determines the policy on charging interest on loans

Current: Banks and financial institutions charge interest on loans and are regulated

Proposed: Banks and financial institutions charge interest on loans and are regulated

Article 2

Proposal^[?] to change Policy on employee representation on corporate boards

Old value:: One third of corporate boards must consist of employees

Current: Two thirds of corporate boards must consist of employees

Proposed: No employee representation is required on corporate boards

Article 3

Proposal^[?] to change Policy on profit sharing

Old value:: A fiscally beneficial system encourages companies to share profits with employees.

Current: Companies are required to distribute a majority fraction of its profits to employees.

Proposed: The law does not mandate or encourage profit sharing programs.

Article 4

Proposal^[?] to change Radio stations.

Old value:: All radio stations are owned by the state.

Current: All radio stations are owned by independent non-profit-making cooperatives which are subsidised by the government.

Proposed: The government subsidises a national radio station for educational and informational purposes; other private non-subsidised radio stations are allowed.

Article 5

Proposal^[?] to change Television stations.

Old value:: All television stations are owned by the state.

Current: All TV stations are owned by independent non-profit-making cooperatives which are subsidised by the government.

Proposed: The government subsidises a national TV station for educational and informational purposes; other private non-subsidised TV stations are allowed.