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Bill: Law on the Economy of 5167
Details
Submitted by[?]: National Democratic Labor 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: September 5167
Description[?]:
Law on the Economy of 5167 |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 0
Current: 40
Proposed: 11
Article 2
Proposal[?] to change The government's policy towards foreign workers.
Old value:: Foreign nationals are forbidden to seek employment.
Current: Foreign nationals may only be employed in circumstances where the government has determined there is a labour shortage.
Proposed: Foreign nationals are treated the same as native citizens when searching for employment.
Article 3
Proposal[?] to change Reserve requirements for bank loans
Old value:: There is a fractional reserve requirement 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 full reserve requirement for bank loans.
Article 4
Proposal[?] to change The nation's policy on minimum wage regulation.
Old value:: There is no provision for a minimum wage.
Current: There shall be a minimum wage at a level considered a "living wage," well above the poverty line for a full time worker.
Proposed: There shall be a minimum wage at a level considered a "living wage," well above the poverty line for a full time worker.
Article 5
Proposal[?] to change Policy concerning industrial hemp.
Old value:: There are no regulations on industrial hemp.
Current: Industrial hemp regulations are left up to local governments.
Proposed: Only regulated agribusinesses may produce industrial hemp.
Debate
These messages have been posted to debate on this bill:
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Vote | Seats | |
yes | Total Seats: 200 | |
no | Total Seats: 0 | |
abstain | Total Seats: 0 |
Random fact: If there are no parties in your nation with seats, feel free to visit the forum and request an early election on the Early Election Requests thread: http://forum.particracy.net/viewtopic.php?f=11&t=4362 |
Random quote: "A good politician is quite as unthinkable as an honest burglar." H. L. Mencken |