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Bill: Economic Overhaul Act
Details
Submitted by[?]: True Conservatism Party
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: July 5416
Description[?]:
Making the market free, giving choice back to Beluzian’s and taking the government out of peoples business |
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 advertising that meets certain set standards is permitted.
Proposed: All advertising is permitted.
Article 2
Proposal[?] to change The banking system.
Old value:: The government operates a central bank and all other banks are private.
Current: The government operates a central bank and all other banks are private.
Proposed: All banks are privately owned.
Article 3
Proposal[?] to change Government policy on cryptocurrency.
Old value:: Cryptocurrency is legal and regulated, select private institutions can issue cryptocurrency.
Current: Cryptocurrency is legal and regulated, select private institutions can issue cryptocurrency.
Proposed: The government has no policy on cryptocurrency
Article 4
Proposal[?] to change Energy regulation.
Old value:: Energy is provided by nationalised companies.
Current: Energy is provided by nationalised companies.
Proposed: Energy is provided by private, unregulated companies but subsidies are given to those on a low income.
Article 5
Proposal[?] to change Policy on employee representation on corporate boards
Old value:: Two thirds of corporate boards must consist of employees
Current: One third of corporate boards must consist of employees
Proposed: No employee representation is required on corporate boards
Article 6
Proposal[?] to change Policy on profit sharing
Old value:: Companies are required to distribute a majority fraction of its profits to employees.
Current: Companies are required to distribute a minority fraction of its profits to employees.
Proposed: The law does not mandate or encourage profit sharing programs.
Article 7
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 allowed and are unregulated.
Debate
These messages have been posted to debate on this bill:
subscribe to this discussion - unsubscribeVoting
Vote | Seats | ||
yes | Total Seats: 0 | ||
no |
Total Seats: 524 | ||
abstain |
Total Seats: 226 |
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