Legislative Bill · Broadlands
Passed

Banking Regulation Reform Act of 2021

Proposed by Free People Liberals · fronted by Roderick Nicholson
Passing
in all 2 chambers
Opened
8 Jan 2021
Voting closes
9 Mar 2021
Chambers
2 legislatures
Articles
1 change

Rationale

Reducing regulatory burdens will stimulate economic growth and innovation, benefiting businesses and consumers without compromising stability.

Proposed Changes

1

Banking & Financial Regulation
Previous law
Strong prudential oversight
Light-touch regulation

Timeline

  • Draft
    8 January 2021


  • Vote Open
    8 January 2021


  • Vote Closed
    9 March 2021


  • Became Law
    9 March 2021

Vote tally

Live tally across each chamber. Weighted by seats held.

House of Representatives

Passed
282Yes 47No 106Not voted 435 seats

For: 282 / 435 seats (64.8%)

Against: 47 · Abstained: 0 · Not voted: 106

50.1% of those voting must vote in favour (actual = 85.7%)
Party Seats Vote
Free People Liberals Proposer 8 Yes
Homeland Union 85 Yes
Pax Americana 189 Yes
Progressive Reform 34 No
Socialist Broadlands Union Technocrats 13 No

Senate

Passed
54Yes 10No 36Not voted 100 seats

For: 54 / 100 seats (54.0%)

Against: 10 · Abstained: 0 · Not voted: 36

50.1% of those voting must vote in favour (actual = 84.4%)
Party Seats Vote
Free People Liberals Proposer 0 Yes
Homeland Union 8 Yes
Pax Americana 46 Yes
Progressive Reform 6 No
Socialist Broadlands Union Technocrats 4 No
Empty seats 6 Not voted

Presidency

Passed
1Yes 0No 0Not voted 1 seat

For: 1 / 1 seats (100.0%)

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

Passes unless the office holder votes against (abstention counts as pass)
Party Seats Vote
Homeland Union 1 Yes

Voting record

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

Pax Americana
Voted Jan. 9, 2021
Yes

“well the recession has already happened, might as well”

Homeland Union
Voted Jan. 8, 2021
Yes

“I would agree on that, that banks should be able to act more freely”

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