Legislative Bill · Sveria
Failed

Strengthening Financial And Industrial Oversight of 2024

Proposed by Sverian People's Alliance · fronted by Rosalind Adams
Failing
passing in 0 of 2 chambers
Opened
6 May 2024
Voting closes
5 Jul 2024
Chambers
2 legislatures
Articles
2 changes

Rationale

Strengthening financial oversight and public ownership of natural monopolies ensures stability, fairness, and public control over essential services.

Proposed Changes

1

Banking & Financial Regulation
Previous law
Deregulated financial centre
Strong prudential oversight

2

Public Ownership of Key Industries
Previous law
Private, with strong regulation
Public ownership of natural monopolies

Timeline

  • Draft
    6 May 2024


  • Vote Open
    6 May 2024


  • Vote Closed
    5 July 2024


  • Did Not Become Law
    5 July 2024

Vote tally

Live tally across each chamber. Weighted by seats held.

National Parliament

Failed
92Yes 257No 0Not voted 200 seats

For: 92 / 200 seats (46.0%)

Against: 257 · Abstained: 0 · Not voted: 0

50.1% of those voting must vote in favour (actual = 26.4%)
Party Seats Vote
National Development 69 No
Sveria Socialists United 92 Yes
Sverian People's Alliance Proposer 0 Yes
Workers Democratic Alliance 188 No

Union Parliament

Failed
227Yes 493No 0Not voted 700 seats

For: 227 / 700 seats (32.4%)

Against: 493 · Abstained: 0 · Not voted: 0

50.1% of those voting must vote in favour (actual = 31.5%)
Party Seats Vote
National Development 147 No
Sveria Socialists United 227 Yes
Sverian People's Alliance Proposer 0 Yes
Workers Democratic Alliance 346 No

Voting record

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

National Development
Voted May 22, 2024
No

“The bill is unconstitutional because it was not introduced by the Minister of Industry and Trade.”

Yes

“The Workers Democratic Alliance supports these reforms. Financial institutions must be properly regulated, and essential natural monopolies should serve the public interest rather than private profit. We believe the economy should work for working people, with accountability and public ownership where it matters most.”

Yes

“The SSU supports expanding regulations and ensuring key industries are serving the people of Sveria over shareholders”

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