Legislative Bill · Sveria
Passed

Growth & Prosperity Reform of 2019

Proposed by Modern Alliance Of Sveria · fronted by Nathaniel Crawford
Passing
in all 2 chambers
Opened
17 Dec 2019
Voting closes
15 Feb 2020
Chambers
2 legislatures
Articles
3 changes

Rationale

This proposal strengthens Sveria's economy by encouraging work, improving long-term fiscal sustainability and creating a more competitive financial sector. Together, these reforms support growth, investment and job creation.

Prepared by the Ministry of Finance.

Proposed Changes

1

Retirement Age Policy
Previous law
Retirement at 55
Retirement at 60

2

Maximum Working Hours
Previous law
35-hour weekly maximum
40-hour weekly maximum with overtime controls

3

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

Timeline

  • Draft
    4 October 2019


  • Vote Open
    17 December 2019


  • Vote Closed
    15 February 2020


  • Became Law
    15 February 2020

Vote tally

Live tally across each chamber. Weighted by seats held.

National Parliament

Passed
134Yes 96No 0Not voted 200 seats

For: 134 / 200 seats (67.0%)

Against: 96 · Abstained: 0 · Not voted: 0

50.1% of those voting must vote in favour (actual = 58.3%)
Party Seats Vote
Liberal Sveria 0 Yes
Modern Alliance Of Sveria Proposer 134 Yes
People's Democratic Alliance 96 No

Union Parliament

Passed
277Yes 199No 224Not voted 700 seats

For: 277 / 700 seats (39.6%)

Against: 199 · Abstained: 0 · Not voted: 224

50.1% of those voting must vote in favour (actual = 58.2%)
Party Seats Vote
Liberal Sveria 0 Yes
Modern Alliance Of Sveria Proposer 277 Yes
People's Democratic Alliance 199 No

Voting record

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

No

“No. This proposal aims to weaken all the public safeguards put in place to protect the workers and citizens from corporate exploitation.”

Liberal Sveria
Voted Dec. 19, 2019
Yes

“Liberal Sveria sees this bill as a step in the right direction for our economy.”

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