Legislative Bill · Rheinland
Passed

Strengthening Property Rights Initiative of 2024

Passing
in all 2 chambers
Opened
15 Oct 2024
Voting closes
14 Dec 2024
Chambers
2 legislatures
Articles
3 changes

Rationale

Strengthening IP and insolvency rules spurs innovation and financial discipline, driving long-term economic growth and stability.

Proposed Changes

1

Drug Patents & Generics
Previous law
Compulsory licences on request; the state promotes generic production
Patents extended for new uses; generics blocked while any patent is live

2

Bankruptcy & Insolvency
Previous law
Fresh start: discharge after one year for individuals and small firms
Very strict bankruptcy; debts remain enforceable for decades

3

Public Ownership of Key Industries
Previous law
Privatise and lightly regulate
Full privatisation, market discipline

Timeline

  • Draft
    15 October 2024


  • Vote Open
    15 October 2024


  • Vote Closed
    14 December 2024


  • Became Law
    14 December 2024

Vote tally

Live tally across each chamber. Weighted by seats held.

Bundesrat

Passed
20Yes 16No 11Abstained 22Not voted 69 seats

For: 20 / 69 seats (29.0%)

Against: 16 · Abstained: 11 · Not voted: 22

50.1% of those voting must vote in favour (actual = 55.6%)
Party Seats Vote
Liberal Union 11 Yes
National League For Freedom And Democracy Proposer 9 Yes
Socialists And Democrats 16 No
The Christian Democrats 11 Abstain

Bundestag

Passed
248Yes 54No 131Abstained 217Not voted 650 seats

For: 248 / 650 seats (38.2%)

Against: 54 · Abstained: 131 · Not voted: 217

50.1% of those voting must vote in favour (actual = 82.1%)
Party Seats Vote
Liberal Union 139 Yes
National League For Freedom And Democracy Proposer 109 Yes
Socialists And Democrats 54 No
The Christian Democrats 131 Abstain

Voting record

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

Socialists And Democrats
Voted Dec. 10, 2024
No

“S&D opposes the privatisation of essential services. Healthcare must remain a public priority, where people’s health comes before private interests. A strong public health system protects everyone, not just those who can afford more.”

Liberal Union
Voted Nov. 2, 2024
Yes

“This protects peoples God given right to the protection of their own property”

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