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Bill: Economic Overhaul (5439)
Details
Submitted by[?]: Flokkur Þjóðernissinna
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 5349
Description[?]:
| Mr Speaker, We would like to bring some control to the market and ensure its just for our citizens. Nikolai Atlason President |
Proposals
Article 1
Proposal[?] to change The government's policy on advertising
Old value:: Only advertising that meets certain set standards is permitted.
Current: Only governmental organisation advertising is permitted.
Proposed: Only governmental organisation advertising is permitted.
Article 2
Proposal[?] to change The banking system.
Old value:: The government operates large, national banks, but small community based private banks are allowed.
Current: The government operates and owns all banks.
Proposed: The government operates and owns all banks.
Article 3
Proposal[?] to change Central Bank oversight and regulation (if a central bank exists)
Old value:: The government appoints the head of the central bank and an executive board to manage the central bank but does not otherwise interfere in its operations.
Current: The central bank is underneath the direct oversight of the head of state.
Proposed: The central bank is underneath the direct oversight of the head of government.
Article 4
Proposal[?] to change The government's policy concerning child labour.
Old value:: Child labour is forbidden.
Current: Child labour is allowed, but with additional regulations to those of adult labourers.
Proposed: Child labour is allowed, but with additional regulations to those of adult labourers.
Article 5
Proposal[?] to change Closed shops are places of employment where only members of a specific union are allowed to work; union shops can hire non-members, but these have to become members after a certain time; agency shops can hire non-members, who have to pay a fee to cover the unions costs. All three are erected by union agreements. (Only valid if unions are legal)
Old value:: Union shops and agency shops are legal, but closed shops are not.
Current: Only open shops are legal.
Proposed: Only open shops are legal.
Article 6
Proposal[?] to change Collective bargaining
Old value:: Public and private sector employees have the right to collectively bargain
Current: No employees may engage in collective bargaining
Proposed: No employees may engage in collective bargaining
Article 7
Proposal[?] to change Exchange rate regime
Old value:: The exchange rate of the national currency is allowed to float, but the government is permitted to intervene when necessary.
Current: The exchange rate of the national currency is kept within a defined band of fluctuation.
Proposed: The exchange rate of the national currency is fixed by the government.
Article 8
Proposal[?] to change Employer's rights in regards to firing striking workers.
Old value:: Employers cannot fire workers who have gone on strike.
Current: Employers are free to fire workers who go on strike.
Proposed: Employers are free to fire workers who go on strike.
Article 9
Proposal[?] to change The right to gamble.
Old value:: Only small-scale gambling is allowed, involving limited amounts of money; casinos are illegal.
Current: Gambling is illegal.
Proposed: Gambling is illegal.
Article 10
Proposal[?] to change Government policy towards labor unions.
Old value:: Trade unions may exist and worker membership is voluntary.
Current: Trade unions are illegal.
Proposed: Trade unions are illegal.
Article 11
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: Certain industries are owned by the state, all others are under private ownership.
Current: Certain industries are owned by the state, all others are under private ownership.
Proposed: All industry is owned and operated by the state.
Article 12
Proposal[?] to change Policy on employee representation on corporate boards
Old value:: One third of corporate boards must consist of employees
Current: No employee representation is required on corporate boards
Proposed: No employee representation is required on corporate boards
Article 13
Proposal[?] to change The government's stance on a salary cap.
Old value:: There is a national maximum wage but local governments may enforce stricter salary caps.
Current: The government enforces a salary cap.
Proposed: The government enforces a salary cap.
Article 14
Proposal[?] to change Positive discrimination.
Old value:: The government encourages positive discrimination and enforces it for government hiring.
Current: The government encourages positive discrimination and enforces it for government hiring.
Proposed: No form of positive discrimination is permitted.
Article 15
Proposal[?] to change Policy on profit sharing
Old value:: Companies are required to distribute a minority fraction of its profits to employees.
Current: A fiscally beneficial system encourages companies to share profits with employees.
Proposed: The law does not mandate or encourage profit sharing programs.
Article 16
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.
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |
| yes |
Total Seats: 201 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
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