Legislative Bill · Novograd
Passed

Economic Deregulation And Liberalization Act of 2024

Proposed by Progessive Reform · fronted by Emily Armstrong
Passing
in the Worker's Congress
Opened
11 Jan 2024
Voting closes
11 Mar 2024
Chambers
1 legislature
Articles
4 changes

Rationale

These changes are drastic you may think, but they are just all small changes that when combined will improve the economy and even the rights of the working person simultaneously. It ups minimum wage to something mor eagreeable also making minimum wage jobs more admirable, while growing the economy.

Proposed Changes

1

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

2

Competition & Monopolies
Previous law
Active competition enforcement
Permissive on mergers and scale

3

Minimum Wage Policy
Previous law
Basic minimum wage
High living wage

4

Public Ownership of Key Industries
Previous law
Private, with strong regulation
Privatise and lightly regulate

Timeline

  • Draft
    11 January 2024


  • Vote Open
    11 January 2024


  • Vote Closed
    11 March 2024


  • Became Law
    11 March 2024

Vote tally

Live tally across each chamber. Weighted by seats held.

Worker's Congress

Passed
46Yes 41No 13Not voted 100 seats

For: 46 / 100 seats (46.0%)

Against: 41 · Abstained: 0 · Not voted: 13

50.1% of those voting must vote in favour (actual = 52.9%)
Party Seats Vote
Progessive Reform Proposer 46 Yes
The Revolutionary Communist Union 0 No
Trotskyist Union 0 No
Unitary Alliance 41 No

Voting record

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

No

“These are capitalist policies and will only serve to diminish the power of the proletariat.”

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