Legislative Bill · Drumagh
Failed

Pro-Business Deregulation Act of 2022

Proposed by Libertarian Congress · fronted by Roderick Sinclair
Failing
blocked by First Citizen
Opened
16 Feb 2022
Voting closes
17 Apr 2022
Chambers
2 legislatures
Articles
4 changes

Rationale

These reforms will boost economic growth by removing burdensome regulations, unleashing private sector investment and energy independence for lower costs and higher living standards.

Proposed Changes

1

Competition & Monopolies
Previous law
Proactively break up dominant firms
No competition intervention

2

Fossil Fuel Extraction
Previous law
Managed wind-down
Maximise domestic extraction

3

Banking & Financial Regulation
Previous law
Capital controls, separated retail/investment banking
Deregulated financial centre

4

Public Ownership of Key Industries
Previous law
Nationalise all key utilities and transport
Full privatisation, market discipline

Timeline

  • Draft
    28 January 2022


  • Vote Open
    16 February 2022


  • Vote Closed
    17 April 2022


  • Did Not Become Law
    17 April 2022

Vote tally

Live tally across each chamber. Weighted by seats held.

First Council of Ministers

Failed
17Yes 68No 15Not voted 100 seats

For: 17 / 100 seats (17.0%)

Against: 68 · Abstained: 0 · Not voted: 15

50.1% of those voting must vote in favour (actual = 20.0%)
Party Seats Vote
Centralist Unity 27 No
Libertarian Congress Proposer 17 Yes
Revolutionary Maoist Communist Front 32 No
The United Workers Front 9 No

The People’s Assembly

Failed
34Yes 135No 31Not voted 200 seats

For: 34 / 200 seats (17.0%)

Against: 135 · Abstained: 0 · Not voted: 31

50.1% of those voting must vote in favour (actual = 20.1%)
Party Seats Vote
Centralist Unity 53 No
Libertarian Congress Proposer 34 Yes
Revolutionary Maoist Communist Front 64 No
The United Workers Front 18 No

First Citizen

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
Revolutionary Maoist Communist Front 1 No

Voting record

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

“This ultra-liberal bill is a frontal attack against the interests of the people of Drumagh. By deregulating finance, abandoning the fight against monopolies, and selling off our public industries, it hands our economy over to private sector scavengers. Destroying our environmental and social safeguards does not foster prosperity, but rather the organized plunder of common goods for the benefit of a minority of shareholders. We firmly reject this antisocial devastation which sacrifices workers on the altar of profit.”

Centralist Unity
Voted Feb. 18, 2022
No

“We can not support the selling of Drumagh's wealth to a clique of monopolists that believe only in their own enrichment. Not only that, but this bill would also remove every possibility of government intervention to enforce discipline and activity in capital.”

The United Workers Front
Voted Feb. 16, 2022
No

“We cant accept this law, as this weaken our country against agressive monopolies, Harm the Environement, and promotes privatized systems without fair compensations for the workers”

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