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Bill: Public / Private Business Regulation
Details
Submitted by[?]: We Say So! 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: February 2241
Description[?]:
| Section 1: Accepting that the Public sector can provide efficient and reliable public services, whilst also accepting that the lure of increasing profitablity and improvements in price and quality engendered through private competition can, in those areas that are not reliant on a purely non-profitable service provision, improve the goods purchased by the public, the Government will allow private investment and operation in all areas of business that are not directly required as part of essential public services. Business sectors to remain under the control of the Public Sector to include: Public Transportation (including national and local rail networks and services, local and national bus and coach services, and national and international airlines. Private business will be allowed to operate small scale private hire bus services and Taxi services); Public utilities (including water supplies, electricity provision, through the National Grid, and gas supplies); Primary medical care facilities; Essential Public Services (including Police, Fire, and Ambulance services as well as sea and land rescue services). The private sector will be allowed to compete primarily in production, retail and banking sectors where its ability to operate flexibly and quickly to changing economic conditions will provide the best provision to the public. These industries will, however, continue to have specific regulations imposed on them where necessary in order to maintain quality of product. Section 2: Investment in Private companies from international investors will be allowed so long as there is no discernable risk to loss of public service. Section 3: In order to stimulate investment in the Private sector, and allow it to maintain a competitive edge in both National and International Markets, the tax on industry will be set at no higher than 20%. This percentage may be modified at such time as there is a required precedent to do so. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 50
Current: 12
Proposed: 20
Article 2
Proposal[?] to change
The government's policy regarding foreign investments.
Old value:: Foreign investors are not allowed to invest in national companies.
Current: Foreign investors need to obtain government approval for all investments in national companies.
Proposed: Foreign investors may freely invest in national companies.
Article 3
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: All industry is owned and operated by the state.
Current: The government subsidizes private enterprises that face bankruptcy.
Proposed: Certain industries are owned by the state, all others are under private ownership.
Debate
These messages have been posted to debate on this bill:
| Date | 11:11:32, June 13, 2006 CET | From |  Capitalizt Party | To | Debating the Public / Private Business Regulation |
| Message | Aye! Aye! Aye! |
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Voting
| Vote | Seats | |||
| yes |
Total Seats: 208 | |||
| no | Total Seats: 161 | |||
| abstain |
Total Seats: 31 |
| Random fact: Real-life places should not be referenced in Particracy. |
| Random quote: "Most politicians hold their fingers to the wind, and if we win we'll be showing them a lot of wind." - Ralph Nader |