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Bill: Lab7: Economic Act
Details
Submitted by[?]: Conservative Labour Party (NF)
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 4881
Description[?]:
| Mr Speaker, I present to you the Economic Act containing all of the economic reforms proposed in the Economic Reforms bill we think will pass. Milo Simpson |
Proposals
Article 1
Proposal[?] to change Energy regulation.
Old value:: Energy is provided by nationalised companies.
Current: Energy is provided by private companies but the prices they can charge are regulated.
Proposed: Energy is provided by private companies but the prices they can charge are regulated.
Article 2
Proposal[?] to change Exchange rate regime
Old value:: The exchange rate of the national currency is fixed by the government.
Current: The exchange rate of the national currency is allowed to float, but the government is permitted to intervene when necessary.
Proposed: The exchange rate of the national currency is kept within a defined band of fluctuation.
Article 3
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: The state owns the commanding heights of the economy and all major industries, but private ownership is allowed in the minor industries.
Current: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Proposed: Certain industries are owned by the state, all others are under private ownership.
Article 4
Proposal[?] to change Government policy towards labor unions.
Old value:: Only government-run trade unions exist and membership in them is compulsory.
Current: Trade unions may exist and worker membership is voluntary.
Proposed: Trade unions may exist and worker membership is voluntary.
Article 5
Proposal[?] to change A law on employers' obligations with regards to social security contributions.
Old value:: All enterprises are required to cover basic payroll contributions for their employees.
Current: Employers are not required to cover payroll contributions.
Proposed: Payroll contributions are not mandatory but the government grants tax incentives to providers.
Article 6
Proposal[?] to change Trade union strike ballots.
Old value:: Trade unions are not required by law to hold a ballot before striking.
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.
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||||||
| yes |
Total Seats: 438 | ||||||
| no | Total Seats: 182 | ||||||
| abstain | Total Seats: 0 |
| Random fact: Any RP law granting extraordinary "emergency powers" or dictator-like powers to a government must be passed by at least a 2/3rds majority, but (like all RP laws) may always be overturned by a simple majority vote of the legislature. |
| Random quote: "It is said, 'Pontesi is Jelbic in nature'. But I tell you, they are really a lost tribe of Selucians, forced to become barbarians by their savage Jelbic conquerors." - Alamar Xarfaxis, former Pontesian politician |