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Bill: Bill NP-127: Protect Hutorian Business Act
Details
Submitted by[?]: National Progress 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: November 5293
Description[?]:
| (This bill was proposeed by the minister of Trade and Industry Tiana Hunter) The acquisition of majority shares of national companies by foreign investors may lead to the outflow of profits and resources from Hutori, which could negatively impact hutorian economy. By preventing foreign investors from acquiring majority shares of national companies, the government can protect national interests and ensure that the resources and profits remain within the country. Also, allowing foreign investors to freely invest in our compagnie may be a danger to our sovereignty. By preventing foreign investors from acquiring majority shares of national companies, we can maintain hutorian controll over key sector of the economy. |
Proposals
Article 1
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.
Debate
These messages have been posted to debate on this bill:
| Date | 00:54:00, April 28, 2023 CET | From | Country City Alliance | To | Debating the Bill NP-127: Protect Hutorian Business Act |
| Message | The Country City Alliance supports this policy. This will surely help protect our workers from being rorted out of good pay and a good job by foreigners. |
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Voting
| Vote | Seats | |||
| yes | Total Seats: 505 | |||
| no | Total Seats: 0 | |||
| abstain | Total Seats: 0 |
| Random fact: The voters enjoy active parties who take upon themselves the initiative to create laws. |
| Random quote: "No government has the right to tell its citizens when or whom to love. The only queer people are those who don't love anybody." - Rita Mae Brown |