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Bill: UM 5431/1: Ekonomik Özgürlük ve Tüketiciyi Koruma Yasası 5431
Details
Submitted by[?]: Halk Ulusu
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 5431
Description[?]:
| Economic Freedom and Consumer Protection Act 5430 proposed by the Government of the Jakanian Republic. |
Proposals
Article 1
Proposal[?] to change The government's policy on advertising
Old value:: Only advertising that meets certain set standards is permitted.
Current: All advertising is permitted.
Proposed: All advertising is permitted.
Article 2
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 an entirely independent agency of the government.
Proposed: The central bank is an entirely independent agency of the government.
Article 3
Proposal[?] to change Collective bargaining
Old value:: Public and private sector employees have the right to collectively bargain
Current: Public and private sector employees have the right to collectively bargain
Proposed: No employees may engage in collective bargaining
Article 4
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 32
Current: 20
Proposed: 20
Article 5
Proposal[?] to change Government policy on cryptocurrency.
Old value:: Cryptocurrency is legal and regulated, the state will issue it's own cryptocurrency.
Current: The government has no policy on cryptocurrency
Proposed: The government has no policy on cryptocurrency
Article 6
Proposal[?] to change The government's policy towards daily working hours.
Old value:: The government obligates trade unions and employers to negotiate the daily number of working hours.
Current: The government obligates trade unions and employers to negotiate the daily number of working hours.
Proposed: The government has no policy concerning daily working hours.
Article 7
Proposal[?] to change Policy on the charging and collection of interest on loans
Old value:: The central bank determines the policy on charging interest on loans (if one exists)
Current: The central bank determines the policy on charging interest on loans (if one exists)
Proposed: Charging interest on loans is illegal for religious purposes
Article 8
Proposal[?] to change Energy regulation.
Old value:: Energy provision is left to local governments.
Current: Energy is provided by private companies but the prices they can charge are regulated.
Proposed: Energy is provided by private companies which are not subject to any special regulations.
Article 9
Proposal[?] to change The government's policy towards fireworks.
Old value:: Professionals may run licensed fireworks shows, small fireworks are legal to the general public.
Current: The sale of fireworks is unregulated, anyone may buy them.
Proposed: The sale of fireworks is unregulated, anyone may buy them.
Article 10
Proposal[?] to change
The government's policy regarding foreign investments.
Old value:: Foreign investors need to obtain government approval for all investments in national companies.
Current: Foreign investors may freely invest in national companies.
Proposed: Foreign investors may freely invest in national companies.
Article 11
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 illegal.
Proposed: Gambling is illegal.
Article 12
Proposal[?] to change Policy concerning industrial hemp.
Old value:: Only regulated agribusinesses may produce industrial hemp.
Current: There are no regulations on industrial hemp.
Proposed: There are no regulations on industrial hemp.
Article 13
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: The government acts as an investor of last resort, by nationalizing failing industries that provide vital goods or services.
Current: The government does not intervene in the market nor provide any form of subsidies/relief to industries.
Proposed: The government does not intervene in the market nor provide any form of subsidies/relief to industries.
Article 14
Proposal[?] to change Sales tax on luxury goods.
Old value:: 25
Current: 20
Proposed: 20
Article 15
Proposal[?] to change The nation's policy on minimum wage regulation.
Old value:: There shall be a minimum wage at a level that a single full time worker on it can adequately subsist.
Current: There shall be a minimum wage at a level that a full time worker on it can support a family of four without falling under the poverty line.
Proposed: There is no provision for a minimum wage.
Article 16
Proposal[?] to change Policy on monopolies (this general law is superceded by other laws relating to specific parts of the economy).
Old value:: Monopolies are only forbidden in specific sectors of the economy.
Current: There is no policy on monopolies, they are unregulated.
Proposed: There is no policy on monopolies, they are unregulated.
Article 17
Proposal[?] to change A law on employers' obligations with regards to social security contributions.
Old value:: All enterprises are required to cover basic payroll contributions for their employees.
Current: All enterprises are required to cover basic payroll contributions for their employees.
Proposed: Employers are not required to cover payroll contributions.
Article 18
Proposal[?] to change The government's policy concerning phone services.
Old value:: The state subsidizes the phone service of low income families but does not regulate the rates providers can charge for phone service.
Current: There are no regulations on phone service.
Proposed: There are no regulations on phone service.
Article 19
Proposal[?] to change Reserve requirements for bank loans
Old value:: There is a fractional reserve requirement for bank loans, but small banks and credit unions are exempt.
Current: There is a fractional reserve requirement for bank loans.
Proposed: There is a fractional reserve requirement for bank loans.
Article 20
Proposal[?] to change The distribution, purchasing and possession of material depicting pornographic acts.
Old value:: Pornography depicting consenting adults is legal for adults.
Current: Pornography depicting consenting adults is legal for adults.
Proposed: All forms of pornography are illegal.
Article 21
Proposal[?] to change The government's policy with respect to the production of pornography.
Old value:: Local governments establish policies on the production of pornography.
Current: The production of pornography is legal, but regulated.
Proposed: Pornography may not be produced in the nation.
Article 22
Proposal[?] to change Positive discrimination.
Old value:: No form of positive discrimination is permitted.
Current: The government does not regulate hiring policies.
Proposed: The government does not regulate hiring policies.
Article 23
Proposal[?] to change The right for a person to prostitute himself or herself.
Old value:: Prostitution regulation decisions are left up to local governments.
Current: Prostitution is illegal.
Proposed: Prostitution is illegal.
Article 24
Proposal[?] to change Policy on profit sharing
Old value:: A fiscally beneficial system encourages companies to share profits with employees.
Current: The law does not mandate or encourage profit sharing programs.
Proposed: The law does not mandate or encourage profit sharing programs.
Article 25
Proposal[?] to change The workers' right to strike.
Old value:: All workers have the right to strike but certain categories of workers regarded as critical to society have to ensure a minimal service.
Current: All workers have the right to strike but certain categories of workers regarded as critical to society have to ensure a minimal service.
Proposed: All strikes are illegal.
Article 26
Proposal[?] to change Trade union strike ballots.
Old value:: Trade unions are not required by law to hold a ballot before striking.
Current: Trade unions must by law hold a ballot of all members before going on strike, a majority of all members, regardless of if they vote or not must approve the strike action.
Proposed: Trade unions must by law hold a ballot of all members before going on strike, a majority of all members, regardless of if they vote or not must approve the strike action.
Article 27
Proposal[?] to change Government policy on Democratic Workers' Councils.
Old value:: Democratic Workers' Councils are not permitted to run a business.
Current: Democratic Workers' Councils are not permitted to run a business.
Proposed: The government does not intervene in the marketplace with regards to Democratic Workers' Councils.
Article 28
Proposal[?] to change Policy on pharmaceutical advertisement
Old value:: Pharmaceutical advertising is permitted with limited regulation.
Current: Pharmaceutical advertising is permitted with limited regulation.
Proposed: Pharmaceutical advertising is permitted without any regulation.
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | |
| yes |
Total Seats: 600 | |
| no | Total Seats: 0 | |
| abstain | Total Seats: 0 |
| Random fact: Selucia is Particracy's modern take on Ancient Rome, located on the continent of Majatra. |
| Random quote: "Presidency, n. The greased pig in the field game of American politics." - Ambrose Bierce |