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Bill: Economic Reform Act
Details
Submitted by[?]: Workers' Party of Luthori
Status[?]: defeated
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 5375
Description[?]:
Proposals to improve the financial health of the nation |
Proposals
Article 1
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: The government does not intervene in the market nor provide any form of subsidies/relief to industries.
Current: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Proposed: The state owns the commanding heights of the economy and all major industries, but private ownership is allowed in the minor industries.
Article 2
Proposal[?] to change The right to gamble.
Old value:: Gambling is legal, but only in private homes and casinos with special licences.
Current: Gambling is legal, but only in private homes and casinos with special licences.
Proposed: The legality of gambling is a matter of local governments.
Article 3
Proposal[?] to change Positive discrimination.
Old value:: No form of positive discrimination is permitted.
Current: No form of positive discrimination is permitted.
Proposed: The government sets compulsory quotas for hiring women, minorities and marginalized groups.
Article 4
Proposal[?] to change Policy on the charging and collection of interest on loans
Old value:: Banks and financial institutions charge interest on loans and are unregulated
Current: Banks and financial institutions charge interest on loans and are regulated
Proposed: Banks and financial institutions charge interest on loans and are regulated
Article 5
Proposal[?] to change Policy on profit sharing
Old value:: A fiscally beneficial system encourages companies to share profits with employees.
Current: A fiscally beneficial system encourages companies to share profits with employees.
Proposed: Companies are required to distribute a majority fraction of its profits to employees.
Article 6
Proposal[?] to change Government policy on Democratic Workers' Councils.
Old value:: The government does not intervene in the marketplace with regards to Democratic Workers' Councils.
Current: The government does not intervene in the marketplace with regards to Democratic Workers' Councils.
Proposed: The government encourages the formation of Democratic Workers' Councils through subsidies and tax exemptions.
Debate
These messages have been posted to debate on this bill:
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Vote | Seats | ||||
yes | Total Seats: 110 | ||||
no |
Total Seats: 540 | ||||
abstain | Total Seats: 0 |
Random fact: Don't put "the" as the first word in your party name, because when parties are referred to in news reports, their names are preceded with "the", e.g. the [Socialist Party] has lost. |
Random quote: "I have opinions of my own - strong opinions. But I don't always agree with them." - George W. Bush |