Privatization And Light Regulation Act of 2019
Rationale
Privatising key industries with light regulation will boost efficiency, investment, and innovation while reducing government burden and public costs.
Proposed Changes
| Law | Previous | Proposed | ||
|---|---|---|---|---|
| 1 | Public Ownership of Key Industries |
Private, with strong regulation
|
Privatise and lightly regulate
|
1
Public Ownership of Key IndustriesProposer
Party
National Democratic Congress
A party that plants prosperity in every neighborhood while forging pathways to tomorrow's dreams.
Core pillars
Nicholas Campbell
Activist · Age 40
A charismatic idealist from an old money family, Nicholas Campbell abandoned corporate law to champion progressive causes, his rousing speeches and magnetic presence making him a cult figure among young reformers and disillusioned elites alike.
Timeline
-
Draft8 November 2019
-
Vote Open3 December 2019
-
Vote Closed1 February 2020
-
Became Law1 February 2020
Vote tally
Live tally across each chamber. Weighted by seats held.
National Assembly
PassedFor: 55 / 100 seats (55.0%)
Against: 0 · Abstained: 0 · Not voted: 45
| Party | Seats | Vote | Reason |
|---|---|---|---|
| National Democratic Congress Proposer | 55 | Yes | No reason given |