Legislative Bill · Verdia
Failed

Economic Deregulation And Public Ownership Act of 2022

Proposed by New Solidarity · fronted by Penelope Richardson
Failing
in the National Assembly
Opened
26 Jan 2022
Voting closes
27 Mar 2022
Chambers
1 legislature
Articles
3 changes

Rationale

These changes aim to boost economic growth, enhance consumer choice, and ensure fair markets while protecting essential services for public benefit.

Proposed Changes

1

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

2

Competition & Monopolies
Previous law
Active competition enforcement
Proactively break up dominant firms

3

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

Timeline

  • Draft
    26 January 2022


  • Vote Open
    26 January 2022


  • Vote Closed
    27 March 2022


  • Did Not Become Law
    27 March 2022

Vote tally

Live tally across each chamber. Weighted by seats held.

National Assembly

Failed
16Yes 20No 0Not voted 36 seats

For: 16 / 36 seats (44.4%)

Against: 20 · Abstained: 0 · Not voted: 0

50.1% of those voting must vote in favour (actual = 44.4%)
Party Seats Vote
New Solidarity Proposer 16 Yes
Patriots Of Veridia 20 No

Voting record

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

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