Legislative Bill · Broadlands
Passed

Financial Deregulation Act of 2021

Proposed by Free People Liberals · fronted by Roderick Nicholson
Passing
in all 2 chambers
Opened
28 May 2021
Voting closes
27 Jul 2021
Chambers
2 legislatures
Articles
1 change

Rationale

To boost economic growth by attracting global investment through a more competitive and flexible financial framework.

Proposed Changes

1

Banking & Financial Regulation
Previous law
Light-touch regulation
Deregulated financial centre

Timeline

  • Draft
    9 April 2021


  • Vote Open
    28 May 2021


  • Vote Closed
    27 July 2021


  • Became Law
    27 July 2021

Vote tally

Live tally across each chamber. Weighted by seats held.

House of Representatives

Passed
232Yes 64No 139Not voted 435 seats

For: 232 / 435 seats (53.3%)

Against: 64 · Abstained: 0 · Not voted: 139

50.1% of those voting must vote in favour (actual = 78.4%)
Party Seats Vote
Free People Liberals Proposer 24 Yes
Homeland Union 103 Yes
Pax Americana 105 Yes
Socialist Broadlands Union Technocrats 29 No
Together - Worker's Alliance 35 No

Senate

Passed
54Yes 15No 31Not voted 100 seats

For: 54 / 100 seats (54.0%)

Against: 15 · Abstained: 0 · Not voted: 31

50.1% of those voting must vote in favour (actual = 78.3%)
Party Seats Vote
Free People Liberals Proposer 6 Yes
Homeland Union 24 Yes
Pax Americana 24 Yes
Socialist Broadlands Union Technocrats 7 No
Together - Worker's Alliance 8 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.

Homeland Union
Voted June 24, 2021
Yes

“Great reform for the financial branche”

Pax Americana
Voted June 2, 2021
Yes

“we need to boost the largest finance industry in the world, especially after this recession”

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