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Bill: Business Operations Act
Details
Submitted by[?]: We Say So! 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: December 2312
Description[?]:
| Article 1:Business Operations. Section 1: Accepting that the Public sector can provide efficient and reliable public services, whilst also accepting that the lure of increasing profitablity and improvements in price and quality engendered through private competition can, in those areas that are not reliant on a purely non-profitable service provision, improve the goods purchased by the public, the Government will allow private investment and operation in all areas of business that are not directly required as part of essential public services. Business sectors to remain under the control of the Public Sector to include: Public Transportation (including national and local rail networks and services, local and national bus and coach services, and national and international airlines. Private business will be allowed to operate small scale private hire bus services and Taxi services); Public utilities (including water supplies, electricity provision, through the National Grid, and gas supplies); Primary medical care facilities; Essential Public Services (including Police, Fire, and Ambulance services as well as sea and land rescue services). The private sector will be allowed to compete primarily in production, retail and banking sectors where its ability to operate flexibly and quickly to changing economic conditions will provide the best provision to the public. These industries will, however, continue to have specific regulations imposed on them where necessary in order to maintain quality of product. Section 2: In order to stimulate the growth of the energy sector direct to consumers, limited competition will be allowed to operate within the sector. These companies will provide energy directly to the consumer at competitive prices, though these prices will be monitored at all times (through the Office of Fair Trading henceforth referred to as OFT) in order to guarantee service to price consistency. Any discrepency will be investigated by the OFT and action taken accordingly. Article 2: Defence Contractors. Whilst accepting that the operation of a Publicly owned National Defence Contractor is in the public interest, not least of all to guarantee security for secret military projects, to increase adaptation and advancement in the area of National Defence equipment Private Defence Contractors will be allowed to operate, and bid for, Defence contracts with the Hobrazian Military. In order to protect Hobrazian National Security Private Defence Contractors may not sell equipment or plans to any international organisations without prior approval from the Ministry of Defence and Foreign Ministry. Article 3: Taxation. In order to stimulate economic growth in the Private sector, and bring the Country closer in line with international standards, Industrial taxation will be reduced from 40% to 15%. Article 4: National Investment. In addition, foreign investment in Private Companies will no longer come under the control of Government and investors will be allowed in invest in Nationally based companies. Private investment in Publicly owned companies, whether said investment be from National or International sources, will continue to not be allowed. |
Proposals
Article 1
Proposal[?] to change Tax percentage of the profit made by corporations.
Old value:: 40
Current: 12
Proposed: 15
Article 2
Proposal[?] to change The nation's defence industry.
Old value:: The state owns all defence industries.
Current: The state owns national defence industries but these exist alongside privately owned defence industries.
Proposed: The state owns national defence industries but these exist alongside privately owned defence industries.
Article 3
Proposal[?] to change Energy regulation.
Old value:: Energy is provided by nationalised companies.
Current: Energy is provided by private companies but the prices they can charge are regulated.
Proposed: Energy is provided by private companies but the prices they can charge are regulated.
Article 4
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 need to obtain government approval for all investments in national companies.
Proposed: Foreign investors may freely invest in national companies.
Article 5
Proposal[?] to change Government policy on industry and subsidies to industrial operations.
Old value:: All industry is owned and operated by the state.
Current: The government subsidizes private enterprises that face bankruptcy.
Proposed: Certain industries are owned by the state, all others are under private ownership.
Debate
These messages have been posted to debate on this bill:
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| Vote | Seats | ||
| yes |
Total Seats: 199 | ||
| no | Total Seats: 154 | ||
| abstain | Total Seats: 47 |
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