Market-Liberalisation Economic Reform Act of 2019
Rationale
These changes will boost economic growth by freeing up capital, reducing housing costs, and unlocking land for productive use, benefiting businesses and consumers alike.
Proposed Changes
| Law | Previous | Proposed | ||
|---|---|---|---|---|
| 1 | Banking & Financial Regulation |
Strong prudential oversight
|
Deregulated financial centre
|
|
| 2 | Rent Control |
Rent increases capped to inflation
|
Light stabilisation, mostly market rents
|
|
| 3 | Land Conservation & Rewilding |
Balanced land use
|
Prioritise development over protection
|
1
Banking & Financial Regulation2
Rent Control3
Land Conservation & RewildingProposer
Party
National League For Freedom And Democracy
Center-right liberal party, which wants to build a great future for the nation through patriotism, free market and economic solidarity in the ordoliberal spirit
Core pillars
Paul Mayer
Federal Minister of the Interior · Age 61
Raised in a factory town, Paul Mayer spent decades as a labor organizer before turning to politics, where his working-class roots and unshakable idealism now challenge both corporate excess and political cynicism.
Timeline
-
Draft14 April 2019
-
Vote Open14 April 2019
-
Vote Closed13 June 2019
-
Became Law13 June 2019
Vote tally
Live tally across each chamber. Weighted by seats held.
Bundesrat
PassedFor: 41 / 69 seats (59.4%)
Against: 13 · Abstained: 0 · Not voted: 15
| Party | Seats | Vote | Reason |
|---|---|---|---|
| Civic Platform | 6 | No | No reason given |
| Labour Movement | 7 | No | No reason given |
| Liberal Nationalist Coalition | 12 | Yes | No reason given |
| Liberal Union | 10 | Yes | No reason given |
| National League For Freedom And Democracy Proposer | 8 | Yes | No reason given |
| National People's Front | 7 | Yes | No reason given |
| Rheinland Heritage Union | 0 | Yes | No reason given |
| The Christian Democrats | 4 | Yes | No reason given |
Bundestag
PassedFor: 368 / 650 seats (56.6%)
Against: 129 · Abstained: 0 · Not voted: 153
| Party | Seats | Vote | Reason |
|---|---|---|---|
| Civic Platform | 59 | No | No reason given |
| Labour Movement | 70 | No | No reason given |
| Liberal Nationalist Coalition | 110 | Yes | No reason given |
| Liberal Union | 66 | Yes | No reason given |
| National League For Freedom And Democracy Proposer | 69 | Yes | No reason given |
| National People's Front | 76 | Yes | No reason given |
| Rheinland Heritage Union | 7 | Yes | No reason given |
| The Christian Democrats | 40 | Yes | No reason given |