Legislative Bill · Port Avalon
Failed

Financial And Press Deregulation Bill of 2020

Proposed by Conservative Union · fronted by Gerald Turner
Failing
passing in 0 of 2 chambers
Opened
29 Feb 2020
Voting closes
29 Apr 2020
Chambers
2 legislatures
Articles
2 changes

Rationale

These changes will reduce regulatory burden, boost economic growth and press freedom by eliminating costly compliance and empowering innovation.

Proposed Changes

1

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

2

Press Regulation
Previous law
No press regulation at all
No press regulation at all

Timeline

  • Draft
    29 February 2020


  • Vote Open
    29 February 2020


  • Vote Closed
    29 April 2020


  • Did Not Become Law
    29 April 2020

Vote tally

Live tally across each chamber. Weighted by seats held.

City Assembly

Failed
0Yes 0No 7Abstained 113Not voted 120 seats

For: 0 / 120 seats (0.0%)

Against: 0 · Abstained: 7 · Not voted: 113

50.1% of those voting must vote in favour (actual = 0.0%)
Party Seats Vote
Avalon First 0 No
Conservative Union Proposer 0 Yes
Dockworkers Union 7 Abstain
Liberal Democratic Alliance 0 Abstain

Harbor Council

Failed
0Yes 0No 1Abstained 14Not voted 15 seats

For: 0 / 15 seats (0.0%)

Against: 0 · Abstained: 1 · Not voted: 14

50.1% of those voting must vote in favour (actual = 0.0%)
Party Seats Vote
Avalon First 0 No
Conservative Union Proposer 0 Yes
Dockworkers Union 1 Abstain
Liberal Democratic Alliance 0 Abstain
Empty seats 7 Not voted

Governor of Port Avalon

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
Conservative Union Proposer 1 Yes

Voting record

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

Avalon First
Voted April 28, 2020
No

“While we support the right of the press to operate, we cannot support deregulation of the banking sector.”

Dockworkers Union
Voted March 2, 2020
Abstain

“We cannot support this bill in its current form.”

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