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Bill: Economic Reform Bill
Details
Submitted by[?]: Parti Réformiste
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 4839
Description[?]:
| It is high time to move towards a more just system where exploitation does not exist. |
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 full reserve requirement for bank loans, but small banks and credit unions are exempt.
Proposed: There is a fractional reserve requirement for bank loans, but small banks and credit unions are exempt.
Article 2
Proposal[?] to change
The government's policy regarding foreign investments.
Old value:: Foreign investors may freely invest in national companies.
Current: Foreign investors need to obtain government approval for all investments in national companies.
Proposed: Foreign investors may invest in national companies, but may not get a majority share.
Article 3
Proposal[?] to change The government's policy on advertising
Old value:: Only advertising that meets certain set standards is permitted.
Current: Only advertising that meets certain set standards is permitted.
Proposed: Only governmental organisation advertising is permitted.
Article 4
Proposal[?] to change The banking system.
Old value:: The government operates a central bank and all other banks are private.
Current: The government operates a central bank and all other banks are private.
Proposed: The government operates large, national banks, but small community based private banks are allowed.
Article 5
Proposal[?] to change Policy on the charging and collection of interest on loans
Old value:: Banks and financial institutions charge interest on loans and are regulated
Current: Banks and financial institutions charge interest on loans and are regulated
Proposed: Charging interest on loans is illegal
Article 6
Proposal[?] to change Energy regulation.
Old value:: Energy is provided by private companies but the prices they can charge are regulated.
Current: Energy is provided by nationalised companies.
Proposed: Energy is provided by nationalised companies.
Article 7
Proposal[?] to change Employer's rights in regards to firing striking workers.
Old value:: Employers can fire workers who are deemed to have gone on strike without reasonable reasons.
Current: Employers cannot fire workers who have gone on strike.
Proposed: Employers cannot fire workers who have gone on strike.
Article 8
Proposal[?] to change Government policy on Democratic Workers' Councils.
Old value:: The government does not intervene in the marketplace with regards to Democratic Workers' Councils.
Current: The government encourages the formation of Democratic Workers' Councils through subsidies and tax exemptions.
Proposed: The government requires all businesses to be run by Democratic Workers' Councils.
Article 9
Proposal[?] to change The government's position towards the stock exchange(s).
Old value:: Stock exchanges are allowed but are regulated.
Current: Stock exchanges are allowed but are regulated.
Proposed: Stock exchanges are banned.
Article 10
Proposal[?] to change Policy on profit sharing
Old value:: The law does not mandate or encourage profit sharing programs.
Current: Companies are required to distribute a majority fraction of its profits to employees.
Proposed: Companies are required to distribute a majority fraction of its profits to employees.
Article 11
Proposal[?] to change The government's policy with respect to the production of pornography.
Old value:: Pornography may not be produced in the nation.
Current: The production of pornography is treated as any other business.
Proposed: The production of pornography is treated as any other business.
Article 12
Proposal[?] to change Policy on employee representation on corporate boards
Old value:: No employee representation is required on corporate boards
Current: One third of corporate boards must consist of employees
Proposed: Two thirds of corporate boards must consist of employees
Article 13
Proposal[?] to change The government's stance on a salary cap.
Old value:: The government has no stance on a salary cap.
Current: Labour unions and organizations of employers negotiate a salary cap.
Proposed: There is a national maximum wage but local governments may enforce stricter salary caps.
Article 14
Proposal[?] to change Policy concerning industrial hemp.
Old value:: Only regulated agribusinesses may produce industrial hemp.
Current: Only regulated agribusinesses may produce industrial hemp.
Proposed: There are no regulations on industrial hemp.
Article 15
Proposal[?] to change Art subsidies
Old value:: The government subsidises artistic institutions such as art schools and galleries, but does not subsidise individual artists.
Current: The government subsidises artistic institutions and all artists.
Proposed: The government subsidises artistic institutions and all artists.
Article 16
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Current: Certain industries are owned by the state, all others are under private ownership.
Proposed: The state owns the commanding heights of the economy and all major industries, but private ownership is allowed in the minor industries.
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |
| yes |
Total Seats: 319 | |
| no | Total Seats: 0 | |
| abstain |
Total Seats: 11 |
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