Legislative Bill · Verdia
Passed

Progressive Economy Act of 2020

Proposed by United Alliance Of Veridia · fronted by Vincent Whitfield
Passing
in the National Assembly
Opened
6 Jun 2020
Voting closes
5 Aug 2020
Chambers
1 legislature
Articles
5 changes

Rationale

this proposal creates a path for new businesses and enhances business freedom in our nation which in turn increases the economy, technological development, employment rate in our nation without compromising in the welfare and safety of citizens.

Proposed Changes

1

Banking & Financial Regulation
Previous law
Strong prudential oversight
Light-touch regulation

2

Gig Economy & Platform Workers
Previous law
Gig platforms banned; all work must be traditional employment contracts
Basic protections (minimum pay, accident insurance) for gig workers

3

Fossil Fuel Extraction
Previous law
Managed wind-down
Licensed extraction with limits

4

Online Safety & Social Media
Previous law
Targeted child-safety duties
Light-touch, self-regulation

5

AI Development & Safety
Previous law
Balanced oversight
Light-touch, pro-innovation

Timeline

  • Draft
    6 June 2020


  • Vote Open
    6 June 2020


  • Vote Closed
    5 August 2020


  • Became Law
    5 August 2020

Vote tally

Live tally across each chamber. Weighted by seats held.

National Assembly

Passed
20Yes 0No 16Not voted 36 seats

For: 20 / 36 seats (55.6%)

Against: 0 · Abstained: 0 · Not voted: 16

50.1% of those voting must vote in favour (actual = 100.0%)
Party Seats Vote
Republic Of Veridia 20 Yes
United Alliance Of Veridia Proposer 0 Yes

Voting record

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

Republic Of Veridia
Voted July 23, 2020
Yes

“We strongly support this as this increases the national economic growth of the nation”

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