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Legislative Bill · Aftocratorianike
Failed

Financial And AI Deregulation Act of 2020

Proposed by Famille De Pesménos Pour La Noblesse Influente
Failing
blocked by 1st Triumvir, 2nd Triumvir, 3rd Triumvir
Opened
14 May 2020
Voting closes
13 Jul 2020
Chambers
3 legislatures
Articles
2 changes

Rationale

These reforms update outdated regulations to boost economic resilience and innovation while ensuring stability and public protection.

Proposed Changes

1

Banking & Financial Regulation
Previous law
Capital controls, separated retail/investment banking
Strong prudential oversight

2

AI Development & Safety
Previous law
Strict licensing, safety audits, liability
Light-touch, pro-innovation

Timeline

  • Draft
    14 May 2020
  • Vote Open
    14 May 2020
  • Vote Closed
    13 July 2020
  • Did Not Become Law
    13 July 2020

Vote tally

Live tally across each chamber. Weighted by seats held.

Elders Council

Failed
8Yes 12No 0Not voted 20 seats

For: 8 / 20 seats (40.0%)

Against: 12 · Abstained: 0 · Not voted: 0

50.1% of those voting must vote in favour (actual = 40.0%)
Party Seats Vote
Famille De Pesménos Pour La Noblesse Influente Proposer 8 Yes
Famille Dolsyrda Pour La Pérennité 12 No
Empty seats 2 Not voted

National council

Failed
29Yes 142No 29Not voted 200 seats

For: 29 / 200 seats (14.5%)

Against: 142 · Abstained: 0 · Not voted: 29

50.1% of those voting must vote in favour (actual = 17.0%)
Party Seats Vote
Famille De Pesménos Pour La Noblesse Influente Proposer 29 Yes
Famille Dolsyrda Pour La Pérennité 142 No

Proletarian council

Failed
34Yes 186No 30Not voted 250 seats

For: 34 / 250 seats (13.6%)

Against: 186 · Abstained: 0 · Not voted: 30

50.1% of those voting must vote in favour (actual = 15.5%)
Party Seats Vote
Famille De Pesménos Pour La Noblesse Influente Proposer 34 Yes
Famille Dolsyrda Pour La Pérennité 186 No

1st Triumvir

Failed
0Yes 1No 0Not voted 1 seat

For: 0 / 1 seats (0.0%)

Against: 1 · Abstained: 0 · Not voted: 0

Passes unless the office holder votes against (abstention counts as pass)
Party Seats Vote
Famille Dolsyrda Pour La Pérennité 1 No

2nd Triumvir

Failed
0Yes 1No 0Not voted 1 seat

For: 0 / 1 seats (0.0%)

Against: 1 · Abstained: 0 · Not voted: 0

Passes unless the office holder votes against (abstention counts as pass)
Party Seats Vote
Famille Dolsyrda Pour La Pérennité 1 No

3rd Triumvir

Failed
0Yes 1No 0Not voted 1 seat

For: 0 / 1 seats (0.0%)

Against: 1 · Abstained: 0 · Not voted: 0

Passes unless the office holder votes against (abstention counts as pass)
Party Seats Vote
Famille Dolsyrda Pour La Pérennité 1 No

Voting record

Every vote must state a public reason. Most recent first.

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